Iran and the United States are close to finalizing a peace agreement aimed at ending their recent conflict. According to the report, the draft memorandum of understanding is in its final stage and could be signed in Geneva, Switzerland, on Sunday. Iranian Foreign Minister Abbas Araghchi said the document could still be amended but emphasized that Iran has emerged stronger from the confrontation. He also declared Iran victorious in the war during a state television broadcast.

Sources involved in the negotiations said the draft calls for reopening the Strait of Hormuz and lifting U.S. blockades on Iranian ports. A U.S. official, speaking anonymously, stated that President Donald Trump’s main objectives are being achieved through the deal. The agreement follows renewed hostilities after an April 8 ceasefire, with Trump recently threatening but then halting further attacks, citing ongoing talks.

Both U.S. and Iranian officials confirmed that the memorandum could be signed this weekend, potentially initiating a 60-day truce period for further negotiations toward a final peace accord.