Iran Disputes Trump's Claim of Sunday Deal Signing; Markets Await Clarity
Iran has disputed US President Donald Trump’s claim that a deal ending the war will be signed on Sunday, with the Islamic Revolutionary Guard Corps calling the timeline false and the framework unfinished. The clash surfaced as both sides signaled a broader agreement was close, one that would replace a fragile 60-day ceasefire. Trump said on Truth Social that the agreement would be signed on Sunday and that the Strait of Hormuz would open to all traffic immediately after. This post came after Pakistan, acting as mediator, struck an optimistic tone. Tehran pushed back fast, with a source cited by Iran’s Fars News Agency calling reports of a finalized deal on Sunday completely false. The Islamic Revolutionary Guard Corps described the timeline as a test for Iran’s negotiating team and said the memorandum was not yet finalized. The Guard linked Trump’s insistence to his birthday, suggesting a publicity motive. The dispute leaves markets waiting for confirmation when trading resumes Monday. A signed deal could pull oil prices lower after they climbed during the conflict. Reopening the Strait of Hormuz would ease supply fears, since the waterway carries a large share of global crude shipments. Crypto markets have already reacted to the headlines. Bitcoin (BTC) traded near $64,460, up about 1.56% over 24 hours, while the total crypto market rose roughly 1%. The recovery followed Pakistan’s 24-hour signing claim. However, sentiment stayed cautious, with the Crypto Fear and Greed Index near 18. A confirmed agreement could extend the relief move. Any delay or fresh clash, in contrast, could pressure oil and digital assets again.
Key facts
- Iran disputes Trump's claim of a Sunday deal signing; IRGC calls timeline false.
- Trump said Strait of Hormuz would open immediately after signing.
- Pakistan mediated optimistic tone; Iran says MOU not finalized.
- Bitcoin rose 1.56% to ~$64,460; total crypto market up 1%.
- Markets await Monday clarity; oil and crypto sensitive to outcome.