'Strait of Hormuz will reopen immediately': Trump says Iran deal to be signed on June 14

In a post on Truth Social on Saturday, Trump announced that the agreement was nearing completion and linked it directly to the reopening of the strategically important waterway.

"The Deal is scheduled to get signed tomorrow, and immediately after it is signed, the Hormuz Strait is open to all," Trump wrote.

The US President compared the proposed agreement with the Joint Comprehensive Plan of Action (JCPOA), the nuclear accord negotiated during former President Barack Obama's administration.

Trump argued that the previous deal would have accelerated Iran's path towards acquiring nuclear weapons, while describing his proposed agreement as a safeguard against such an outcome.

"Barack Hussein Obama's Deal with Iran, the JCPOA, was an easy, beautiful, smooth road to a Nuclear Weapon, which Iran would have had six years ago, and would have used long before now. My Agreement with Iran is the exact opposite, a wall to no nuclear weapons!" he said.

Trump further claimed that Iran no longer seeks nuclear weapons and would neither develop, purchase, nor procure them in the future under the proposed arrangement.

In the same statement, Trump indicated that the United States would eventually take control of Iran's enriched uranium reserves and oversee their destruction.

He said the process would occur once regional tensions had subsided and referred to uranium material allegedly stored deep within fortified mountain facilities.

"At the appropriate time, when all is calm, we will go in and get the Nuclear Dust, buried deep under the powerful sunken granite mountains, thanks to our beautiful B-2 Bombers and their brilliant pilots, and downblend and destroy it, whether in Iran, or the United States," Trump wrote.

"We look forward to working with Iran, and the entire Middle East, long into the future."

While expressing optimism about the proposed settlement, Trump also warned that failure to implement the agreement could trigger serious consequences.

"Hopefully, this process will all work out quickly, easily, and smoothly," the US President stated. "If it doesn't, we have the ultimate alternative, hopefully never to be used again!"

Iran rejects Sunday deal timeline

However, Iranian officials have cast doubt on Trump's claim that the agreement will be signed on Sunday.

Iranian Foreign Ministry spokesperson Esmaeil Baghaei said the proposed Islamabad memorandum with the United States would not be signed on the date mentioned by Trump.

Baghaei noted that an agreement could still be reached in the coming days but cautioned against fixing a specific timeline due to uncertainty surrounding the negotiations.

According to the Iranian official, the possibility of signing the memorandum remains open, although he stressed that comments regarding an exact date should be treated cautiously because of what he described as hesitation from the other side.