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Trump further trained guns at Islamic Republic of Iran for “misbehaving for 47 years”. The sentiment Trump expressed in his latest remarks was much harsher than what he earlier said at the same G7 gathering. He had called the potential deal a very “powerful document”, announcing that its content could be out “pretty soon”.

His remarks come just days ahead of an agreement expected to be signed in Switzerland on Friday. Vice President JD Vance and Iran's parliament speaker, Mohammad Baqer Qalibaf are reportedly set to attend. The talks on a final US-Iran settlement to end the conflict are set to begin immediately after the signing of the accord and continue over a 60-day window to flesh out its details.

Last week, Iranian Foreign Minister Abbas Araghchi had said that the US and Iran have “never been closer” to a deal, and Trump had backed that sentiment. Trump's fresh threats to Iran could hamper some progress made last week when both sides expressed hope of reaching an agreement soon.

The US naval blockade was observed to be lifted in part. Iranian oil tankers exited the zone in the Gulf blockaded by the US Navy, the TankerTrackers website reportedly said, calling it the country's "first crude oil exports in two months". It came after an Iranian deputy foreign minister said the two-month US naval blockade on Iranian ports had been lifted. US President Donald Trump has warned that the United States could resume military action against Iran if he is dissatisfied with the final terms of a peace agreement set to be signed later this week or if Tehran fails to uphold its commitments. Speaking alongside Egyptian President Abdel Fattah el-Sisi at the G7 Summit in France on Wednesday, Trump said the memorandum of understanding aimed at ending months of conflict between Washington and Tehran was not yet finalised.