President Donald Trump stated a deal to end fighting between the US and Iran is scheduled to be signed on Sunday, though Iran's foreign ministry spokesman Esmaeil Baghaei expressed caution over the timeline, stating it will not be tomorrow.

How this affects you

The potential signing of this deal could significantly de-escalate tensions in the Middle East, reopening a critical global shipping route and altering international energy markets. However, the conflicting statements regarding the timing from key parties introduce uncertainty.