U.S. President Donald Trump has said the full text of the recently announced U.S.-Iran agreement will be made public “pretty soon,” likely after the formal signing ceremony scheduled for Friday in Geneva. Trump described the document as a memorandum of understanding that has already been digitally signed by both sides.
Speaking ahead of the G7 summit, Trump stated that the agreement includes provisions related to the reopening of the Strait of Hormuz, a ceasefire framework, and the start of negotiations concerning Iran’s nuclear program. He said the waterway is already “partially open” and is expected to be fully operational by Friday.
Vice President JD Vance confirmed that the agreement was signed electronically and emphasized that no frozen Iranian assets have yet been released. According to U.S. officials, any sanctions relief or economic benefits for Iran will depend on Tehran complying with the terms of the agreement.
While Trump has hailed the deal as a major diplomatic breakthrough that could reduce tensions in the Middle East and stabilize global energy markets, several details remain undisclosed. International allies and analysts are awaiting the release of the full text to better understand provisions related to Iran’s nuclear activities, regional security arrangements, and verification mechanisms.
The announcement has already had an impact on global markets. Oil prices fell sharply after news of the agreement and the planned reopening of the Strait of Hormuz, through which roughly 20% of the world's oil supply passes. Investors view the deal as a potential step toward restoring stability in one of the world's most important energy corridors.
A formal signing ceremony is expected to take place in Switzerland on Friday, with senior U.S. and Iranian representatives in attendance. Trump said the complete agreement will be released publicly shortly thereafter, allowing governments, markets, and international observers to scrutinize its provisions.