• Trump says the Iran deal text will be released sometime after Friday, as negotiations finalize terms.
  • The deal includes nuclear constraints, Strait of Hormuz provisions, and sanctions relief, with markets watching for oil price impacts.
  • Talks remain delicate, with verification and enforcement key to long-term stability.

Deal Text Imminent

President Donald Trump indicated Thursday that the text of the new Iran deal will be released “sometime after Friday,” as negotiators finalize wording on nuclear limits and economic terms. The announcement signals a breakthrough after weeks of back-and-forth between Washington and Tehran, though officials caution that details could still shift before the public unveiling.

According to people familiar with the matter, the memorandum of understanding includes provisions on Iran’s enrichment capacity, inspection regimes, and a framework for sanctions relief. A key sticking point remains the timeline for Iran regaining access to frozen assets abroad.

The White House has emphasized that any agreement must include robust verification mechanisms. “There will be no deal without the ability to inspect anywhere, anytime,” a senior administration official said, speaking on condition of anonymity.

Market Implications

Oil prices dipped slightly on the news, reflecting expectations that a deal could lead to increased Iranian exports and ease tensions in the Strait of Hormuz. “The market is pricing in a moderate chance of sanctions relief,” said a commodities analyst at a major bank. “But the devil is in the details.”

European allies have welcomed the progress, though Israel and Gulf states remain wary. “We’ll judge the deal by its content, not its timing,” an Israeli official said.

Next Steps

The formal release will trigger a 60-day review period in Congress, where opposition is expected from both parties. Trump has signaled he is prepared to move forward regardless, but the path to implementation remains uncertain.

Correction: An earlier version of this article misstated the timing of the release. The text is expected after Friday, not on Friday.