Potential US-Iran Peace Agreement Set for Geneva Amid Speculation

US and Iran Consider Peace Deal in Geneva

Reports suggest that a peace agreement between the United States and Iran may be finalized in Geneva, Switzerland, on Sunday, June 14. However, Iranian officials have labeled these reports as "speculation." The anticipated deal aims to facilitate the reopening of the Strait of Hormuz and extend the current ceasefire, potentially coinciding with the upcoming G7 summit in France, according to sources cited by Bloomberg. Geneva is being considered for the meeting due to its proximity to the G7 venue.

This agreement is expected to serve as a foundation for further discussions regarding Iran's nuclear program, as indicated by CNN. Two sources familiar with the negotiations have mentioned that Geneva is a likely location for the signing ceremony, with one source noting that this event could initiate "phase two" of diplomatic efforts focused on implementing the memorandum of understanding. However, no official confirmation has been provided.

Trump Discusses 'Significant Settlement':

The news follows comments from US President Donald Trump, who recently referred to a "significant settlement" that could resolve the ongoing conflict with Iran. Trump suggested that Vice President JD Vance might be present to sign the agreement. "We have reached a significant settlement regarding the war with Iran, and we are finalizing the documents. We expect to complete this in the coming days, possibly with a signing in Europe," Trump stated during a press briefing at the Oval Office. He added, "The Strait will officially reopen once we sign, which could happen very soon, perhaps this weekend in Europe. I won't be there, but JD will represent us along with others. Steve Witkoff has done an excellent job," he continued.

The proposed agreement reportedly includes a 60-day extension of the ceasefire, the resumption of commercial shipping through the Strait of Hormuz, and the initiation of further discussions regarding Tehran's nuclear activities.

Meanwhile, Iran has dismissed the notion of Geneva as the signing location, with Fars News Agency quoting a source who stated that claims of a Sunday agreement in Switzerland are “false.”

Previous Meetings Between US and Iran in Geneva

Earlier this year, two rounds of discussions took place between American and Iranian representatives in Geneva. Following extensive talks, Iran’s Foreign Minister Seyed Abbas Araghchi reported some “progress” on social media, with indirect discussions concerning Iran’s nuclear program. Oman’s Foreign Minister Badr al-Busaidi, who acted as a mediator, also acknowledged the positive developments.

However, just two days after these discussions, the US and Israel launched attacks on Tehran on February 28. Given this history, it is plausible that Iran may be hesitant to accept Geneva as the venue for signing the peace agreement.