WASHINGTON, June 12, 2026 — President Donald Trump says an Iran peace deal is close enough to start imagining a signing ceremony. Tehran, rather inconveniently for that storyline, says it has not made a final decision.

That gap is the story. Trump is presenting the talks as nearly finished, even saying planned U.S. strikes have been canceled. Iranian officials describe the negotiations as serious but unfinished, with major limits still in place. So yes, there may be real diplomatic movement. No, it is not a peace agreement yet.

What Trump says has been agreed

Trump said Thursday that the United States had reached what he called a “great settlement” in the war with Iran. He said the agreement could be finalized “over the next few days,” possibly with a signing ceremony in Europe.