President Donald Trump stated on Saturday that a deal to end the war with Iran is scheduled to be signed on Sunday, which would lead to the reopening of the Strait of Hormuz. While Trump asserted the agreement would result in the elimination of Iran’s enriched uranium stockpile, the exact details of the pact remain unclear. Iranian Foreign Ministry spokesperson Esmail Baghaei disputed the Sunday timeline, stating the deal will not be signed tomorrow but cannot be ruled out in the coming days. Mediator Pakistan and the United States have indicated that an agreement could be reached as soon as Sunday. Pakistani Prime Minister Shehbaz Sharif stated that a finalized deal is likely expected within 24 hours and would be signed electronically, followed by technical-level talks next week. Iranian Foreign Minister Abbas Araghchi previously described the “Islamabad Memorandum of Understanding” as being closer than ever. According to reports, this first stage of the deal would extend the current ceasefire for 60 days, lift the U.S. Blockade of Iranian ports, and include an agreement not to initiate war across all fronts, including Lebanon. The negotiations face significant internal and external pressures. In Iran, hardline officials and lawmakers have expressed opposition to the deal, with some citing the timing of the signing and concerns over perceived military and political concessions. Conversely, some pro-state voices have urged trust in the leadership’s decision-making. Externally, Israel continues to conduct strikes in southern Lebanon, with Prime Minister Benjamin Netanyahu ordering attacks on Beirut’s suburbs on Sunday. Some analysts suggest these actions may be an attempt to force a reaction from Iran that could jeopardize the peace talks. Market reactions in Iran show anticipation, with the national currency strengthening and the Tehran Stock Exchange reaching a new all-time high on Sunday. However, some residents noted that long-term economic problems may persist regardless of the deal. While the U.S. Has expressed a willingness to lift sanctions in a phased manner, the release of frozen Iranian assets remains a major sticking point. Also, Iran maintains that it intends to charge fees for transiting the Strait of Hormuz, which it considers its territorial waters.