The Trump administration is weighing an accelerated timeline for formally signing its memorandum of understanding with Iran, potentially allowing the agreement to take effect days earlier than expected and paving the way for the long-awaited release of its full text.
According to Axios, U.S. officials, Iranian representatives, and mediators are discussing holding the signing ceremony remotely as early as Wednesday rather than waiting for a planned in-person event Friday in Switzerland.
If completed, the move would trigger provisions to reopen the Strait of Hormuz and could finally make the agreement public after days of speculation.
Trump signaled that the agreement could be signed sooner than expected during a press conference with reporters in France.
"The deal we reached with Iran on Sunday will be signed shortly, tomorrow (Thursday), maybe the next day (Friday)," Trump said at the G7 summit. "We are going to most likely sign a deal," he added.
The possible acceleration comes as pressure has mounted on the administration to release details of the agreement.
According to Axios, a source familiar with the talks said Iran requested that the text remain private until a formal signing occurs.
The emerging agreement is being touted by President Donald Trump as a major diplomatic achievement that could stabilize global energy markets while preventing Iran from obtaining a nuclear weapon.
Trump has repeatedly argued that ensuring Tehran never develops a nuclear weapon remains the central goal of the negotiations.
He has also insisted that military pressure remains an option if Iran fails to comply with future commitments.
At the heart of the agreement is the reopening of the Strait of Hormuz, one of the world's most important energy corridors.
The Associated Press reported that Iran would immediately begin steps to reopen the strategic waterway once the deal takes effect. The United States would lift restrictions on Iranian oil exports during a 60-day negotiating period.
The proposed concessions have sparked debate in Washington and among U.S. allies.
Leaked versions of the agreement indicate Iran could gain access to a reconstruction fund reportedly worth at least $300 billion and eventually see sanctions lifted if future nuclear negotiations succeed.
Critics argue the framework gives Tehran substantial economic benefits before it makes significant nuclear concessions.
The interim agreement reportedly does not require Iran to immediately surrender its stockpile of enriched uranium, a key concern for those who favor a tougher approach to the Islamic Republic.
Still, supporters of the deal point to the potential economic benefits of restoring normal shipping through the Strait of Hormuz, which carries roughly one-fifth of the world's traded oil and natural gas.
Energy markets have responded positively to expectations that shipping traffic will resume and supply disruptions will ease.
Even if the signing occurs remotely this week, Vice President JD Vance and Iranian parliamentary Speaker Mohammad-Bagher Ghalibaf are still expected to meet Friday in Switzerland to begin discussions on a broader agreement aimed at permanently preventing Iran from developing a nuclear weapon.