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nuclear programme and on other issues,” foreign ministry spokesman Majed Al Ansari told reporters at a regular press briefing.

The deal will be signed at Switzerland’s mountainside Burgenstock resort on Friday, the Swiss foreign ministry confirmed to AFP. The site, located near Lucerne in central Switzerland, is difficult to access and therefore easily secured. It “was proposed by the Pakistani and Qatari mediators, as well as by the US and Iran”, Switzerland’s foreign ministry said.

Two other issues that Trump and Israeli Prime Minister Benjamin Netanyahu used to justify the war - ending Iran’s support for regional armed proxies and curbing its missile programme - are not thought to be on the agenda for those negotiations.

“Iran wants to get it done,” Trump told reporters about the next phase of negotiations with Iran. “They have to get back to business, and the relationship is now normalised, so I think it’s going to go pretty quickly.” Earlier he described the deal as “a wall to a nuclear weapon” for Iran.

Vice President JD Vance and Iran’s top negotiator Mohammad Baqer Qalibaf are expected to attend Friday’s formal signing.

Oil prices dropped below $80 a barrel yesterday on optimism over the promised reopening of the Strait of Hormuz, easing inflation pressures on global economies even though traders are eyeing the risk of Iranian “service fees” on ships transiting the strait.

Earlier in the day at the G7 summit, Trump appeared critical of Israel’s strategy in Lebanon and also suggested that neighbouring Syria - which under President Ahmed al-Sharaa is struggling to stabilise the country after years of civil war - could be best placed to intervene.

“I suggested to Israel to let Syria take care of Hezbollah because to be honest, I think they do a better job of doing it,” he said.

Lebanon’s president and prime minister yesterday discussed preparations for a new round of talks with Israel next week.

Lebanon and Israel have been holding direct talks in Washington since April, seeking to end hostilities and separate the Israel-Hezbollah conflict from the wider regional war.