Trump Says U.S.-Iran Talks Could Take Place ‘Over the Weekend’

President Trump said Thursday that the next round of U.S.-Iran peace talks could occur “maybe over the weekend,” adding that the U.S. is “very close to making a deal.” At the same time, he also warned that fighting could resume between the two sides if a deal can not be reached.

Claim 30% Off TipRanks

Iran’s stockpile of enriched uranium remains a key point of contention. Tehran had previously proposed a five-year moratorium on enriching uranium, although the U.S. declined and requested a 20-year freeze instead.

‘Major Breakthrough’ Expected in U.S.-Iran Negotiations

Pakistani officials expect a “major breakthrough” in nuclear talks between the two countries, sources familiar with the situation told Al Jazeera.

While details of a potential peace deal remain scarce, Iran has proposed a memorandum that would include the release of some frozen funds in exchange for partially reopening the Strait of Hormuz, according to Reuters. The waterway has remained at a near standstill since the beginning of the war on February 28, creating a global oil shock.