Iran says deal to end fighting with US has 'never been closer'

Iran and Pakistan state a deal to end fighting is "never been closer," echoing a similar sentiment from US President Donald Trump. Iran's conditions for final negotiations include the release of half its frozen assets, suspension of oil sanctions, and lifting of a naval blockade, alongside ending the Israeli conflict with Hezbollah. From the US perspective, the deal requires Iran to dismantle its nuclear program and destroy nuclear material. A senior US official stated no funds would be released until Iran meets US demands, including opening the Strait of Hormuz and ceasing funding for terrorist groups. US Vice-President JD Vance clarified that economic benefits would only flow to Iran and the region if Iran meets its obligations. The Pakistani prime minister acknowledged misinformation campaigns aiming to sabotage the peace deal.

President Donald Trump has denied reports of leaked Iran ceasefire terms, calling them "fake news" and "dishonorable." He stated on Truth Social that the published terms had no relation to what was agreed upon in writing. This statement comes amidst ongoing efforts to reach a more lasting end to the war launched by the US and Israel against Iran on February 28. Trump had previously indicated a deal was approved and could be signed soon. Meanwhile, Iranian Foreign Minister Abbas Araghchi suggested an "Islamabad Memorandum of Understanding" for a ceasefire was close to finalization, urging against speculation on terms until they are officially announced. The Iranian state news agency IRNA had published what it described as seven main points of the deal, reportedly showing little Iranian compromise on key issues.