Iran’s IRGC rejects Trump’s claim of Sunday peace signing

Iran’s Islamic Revolutionary Guard Corps rejected President Donald Trump’s claim that a deal ending the war would be signed on Sunday, saying the memorandum of understanding was not finalized. Trump posted on Truth Social: “The Deal is scheduled to get signed tomorrow, and immediately after it is signed, the Hormuz Strait is OPEN TO ALL.”

Pakistan’s prime minister, Shehbaz Sharif, had written that the parties were closer than ever and that Islamabad was preparing for an electronic signing within 24 hours.

Tehran pushed back. An Iranian source described reports of a finalized deal for Sunday as “completely false.” An Iranian official told negotiators there remained two outstanding issues on the proposed memorandum and that a swift agreement would depend on the U.S. position; the official declined to specify the issues.

The IRGC described the U.S. timeline as a test for Iran’s negotiating team and suggested a publicity motive tied to the date. “A notable point is that Sunday coincides with June 14, Trump’s birthday. Some observers consider it likely that, through this insistence, he is seeking to exploit the occasion symbolically and turn it into a publicity event for himself. But given the clear position of Iranian officials that the agreement is not finalized, it appears our country’s negotiators are aware of these hidden layers and will not allow such a media and ceremonial maneuver,” the statement read.

The draft deal is intended to replace a fragile 60-day ceasefire and to reopen the Strait of Hormuz, a strategic channel that carries a large share of global crude shipments.

Markets awaited confirmation when trading resumes Monday. A signed agreement would likely ease supply concerns and put downward pressure on oil prices, while any delay or renewed clashes could lift prices and strain risk assets.

Cryptocurrency markets moved on the headlines over the weekend. Bitcoin traded near $64,460, up about 1.6% over 24 hours, and the total crypto market rose roughly 1%. The Crypto Fear and Greed Index stood near 18. Market watchers noted a confirmed deal might extend the modest recovery, while renewed uncertainty could reverse gains.

Diplomatic efforts have been mediated by Pakistan. U.S. and Iranian officials have indicated a broader agreement is close, but Iran’s public rejection of the Sunday timeline highlights remaining gaps. Negotiators have a short window to resolve outstanding points before upcoming international gatherings.