ERBIL, Kurdistan Region of Iraq - US President Donald Trump on Friday called an alleged draft of the peace proposal released by Iranian media “far from the truth,” slamming it as “weak and pathetic.”

A day earlier, Trump said he had “made a great settlement of the war with Iran,” and that the final signing may occur “over the weekend in Europe,” despite Iranian media reporting that Tehran has not approved any prospective text for the accord.

On Friday, Iranian state media reported seven points of what it called the “main outlines” on the proposal. Some of the main points are contradictory to what the US wants, such as Iran not giving up the management of the Strait of Hormuz and deciding on its future with Oman without US interference.

“What they said, including their weak and pathetic statement on having a deal, bears no relation to the truth. Very dishonorable people to deal with. With them, there is no such thing as dealing in good faith,” Trump wrote on Truth Social.

Shortly after Trump's post, Iranian Foreign Minister Abbas Araghchi said the potential deal with the US “has never been closer,” urging the media to refrain from speculating on its content.

“In line with our responsible and transparent approach, all details will be shared with the public in due course,” he wrote on X.

The text provided by Iranian state media claimed that if a deal is reached, the two sides would then have 60 days to discuss Tehran continuing “the peaceful nuclear program,” the unilateral lift of US sanctions, and compensation for damages caused by the US and Israel.

“No other topics, including Iran's missile capabilities, will be on the agenda,” it said.

Trump also said that the overnight drone attacks targeting Indian ships in the Strait of Hormuz is “TOTALLY UNACCEPTABLE,” adding: “They [Iran] better get their act together, and FAST!”

Iran has closed the Strait of Hormuz, which is a key waterway responsible for the transport of roughly 20 percent of the world’s oil, as a means in its war against the US and Israel, sharply driving up global oil prices. The US in turn imposed a naval blockade on Iranian ports, which Trump says costs the country $500 million daily.

The two warring sides reached a ceasefire in April which ended hostilities for the most part, while they kept exchanging proposals to end the war. Tehran would call Washington’s demands excessive while Washington dubbed Tehran’s unacceptable.

Tensions between the US and Iran manifested in renewed violence in the past days despite the ceasefire. Merely some hours before announcing the supposed agreement on Thursday, Trump announced on Truth Social that the US would resume heavy strikes on Iran.