US President Donald Trump claimed that Iran leaked false information regarding the potential terms of a Washington-Tehran deal and stated that “there is no such thing as dealing in good faith” with Iranian leadership in a post on Truth Social on Friday.

“The terms that Iran leaked out to the Fake News have nothing to do with the terms that were agreed to, in writing,” Trump asserted. “Very dishonorable people to deal with. With them, there is no such thing as dealing in good faith.”

He also stated that Iran’s Thursday night drone attack on ships in the Strait of Hormuz was “totally unacceptable” and encouraged Iranian leadership to “get their act together.”

According to Reuters, a senior Trump administration official stated that under the emerging deal, Iran’s nuclear program would be dismantled, all nuclear materials would be destroyed and removed, and Iran would not be able to continue funding terrorist proxies in the region.

The official added that the deal would be “performance-based” and none of Tehran’s frozen assets would be released until Iran fulfills its part in the agreement.

Iranian state media claims deal would unfreeze assets, end fighting in Lebanon

Earlier on Friday, Iranian state media site Mehr claimed that a full ceasefire deal between the United States and Iran will include an end to fighting in Lebanon, as well as the initial unfreezing of 12 billion dollars in funds for Iran.

US-based media outlet Bloomberg also reported that the US and Iran are edging closer to signing an agreement to reopen the Strait of Hormuz as the Group of Seven world leaders are set to meet next week, according to senior officials. 

A draft of the deal is still waiting for Iranian officials’ approval, Mehr reported, and the final agreement will be approved by the United Nations Security Council.

As part of the deal, the US would allegedly remove sanctions on Iranian oil and petrochemical products, allowing Iran full access to its frozen assets. Mehr reported that the total amount of funds is 24 billion dollars, with half of that amount being released to Iran before further talks may begin.

Among other concessions claimed to be part of the deal, the US would agree to not intervene in internal Iranian affairs and remove its forces from areas near Iran.

Mehr also claimed that the blockade of the Strait of Hormuz would be lifted and that the strait would be fully reopened within 30 days of the deal’s signing.

When it comes to the issue of Iran’s nuclear ambitions, the deal only specifies that there will be a 60-day negotiation period to establish a final nuclear agreement.

Iran’s ballistic missile program, as well as its support for proxy groups across the Middle East such as Hezbollah, will not be included in the negotiations, according to Mehr.

Trump cancels Iran strikes, announces deal

On Thursday night, US President Donald Trump announced that he had canceled scheduled strikes and bombings against Iran, after a deal with Iran had been agreed upon.

The deal, also known as a memorandum of understanding (MOU), was approved “both in concept and great detail” by all involved parties, including the US, Israel, Saudi Arabia, the United Arab Emirates, Qatar, and multiple other Middle Eastern countries, Trump wrote.

No date was given for the signing, but Trump said it could happen over the weekend in Europe, with US Vice President JD Vance set to attend.

Danya Saperstein, Amichai Stein, and Reuters contributed to this report.

This post was originally published on here.