US, Iran may reach deal this weekend on nuclear program, Hormuz, Vance role: what is known about the possible agreement between the United States and Iran

US President Donald Trump has reignited hopes for a diplomatic breakthrough in the Middle East, announcing that the United States and Iran could finalize a framework agreement this weekend to end a three-month regional conflict. This announcement follows previous indications from Trump that a deal was imminent, though none had materialized until now.

Sources within the US government, as cited by the press, suggest that Washington and Tehran might sign a memorandum of understanding as early as Sunday in Geneva. This potential signing would precede the G7 summit in France, which is set to focus on the Middle East war and the conflict in Ukraine. However, negotiations are ongoing, and sensitive points remain unresolved.

The document is expected to be signed by US Vice President JD Vance and Iranian Parliament Speaker Mohammed Ghalibaf. While the exact location is not yet confirmed, Geneva is considered the most likely venue. Following Trump's statements, Iran's Foreign Ministry spokesperson, Esmaeil Baqaei, confirmed ongoing mediation efforts but stressed that Tehran "has not reached a definitive conclusion" regarding a potential agreement.

Trump's renewed push for a deal comes after he previously threatened to escalate the conflict with more intense bombings against Iran and to seize its oil industry, including strategic facilities on Kharg Island. These threats followed a recent wave of cross-border attacks that effectively nullified a temporary ceasefire established in early April. Trump expressed optimism, stating that Iran had suffered significantly and was more eager to reach an agreement than he was. He offered few specifics about the arrangement but indicated his belief that Iran's supreme leader, Ayatollah Mojtaba Khamenei, who has not been seen publicly since the war began, is ready to approve the deal. The core objectives of the proposed framework agreement, according to Trump, are to prevent Iran from developing nuclear weapons and to secure the reopening of the Strait of Hormuz, a prospect that has already impacted oil prices.