ERBIL, Kurdistan Region of Iraq – Media affiliated with Iran’s Islamic Revolutionary Guard Corps (IRGC) on Wednesday denied reports of a potential US-Iran agreement, claiming such narratives by Western media aim to “influence global markets” and noting Tehran’s latest response last week outlining the country’s “red lines.”

Earlier on Wednesday, senior Axios reporter Barak Ravid reported that “the White House believes it's getting close to an agreement with Iran on a one-page memorandum of understanding to end the war and set a framework for more detailed nuclear negotiations.”

With his later updates, the Axios reporter said that “the US.expects Iranian responses on several key points in the next 48 hours,” noting that “nothing has been agreed yet,” citing informed US sources expressing “optimism about a deal,” and claiming this is “the closest the parties had been to an agreement since the war began,” Ravid wrote on X. 

Iran’s IRGC-affiliated Fars News Agency, hours later on Wednesday, denied the allegations, claiming that Western media push such narratives due to their “specific goals.”

“No new written messages have been exchanged between Iran and the US so far,” Fars reported.

“The claims made by the American media Axios and the British media Reuters are evaluated more in terms of influencing global markets, especially the decline in oil prices, than being based on field realities,” the IRGC-affiliated media added. 

Iran’s latest response was submitted through Pakistani mediators last week, which indicated Tehran’s “red lines and broad views for ending the war,” in its “14-point proposal in response to the 9-point proposal of the American side,” it added. 

In another statement, Iranian Foreign Ministry spokesperson Esmail Baghaei said Washington’s proposal “is still being reviewed by Iran,” adding that upon finalizing its position, “Iran will convey its views to the Pakistani side,” he told the semi-official ISNA news agency.

Negotiations between Washington and Tehran have stalled since the ceasefire began, with no clear timeline for when face-to-face talks might resume.

Iran's foreign ministry said on Sunday that the US has responded to a Tehran proposal through Pakistani mediators, adding that the reply is currently under review.

On Tuesday, US President Donald Trump also announced that Project Freedom, an initiative to guide ships through the Strait of Hormuz, has been paused, citing requests from Pakistan as Washington eyes a potential agreement with Tehran.