Washington and Tehran are moving toward formally signing a framework agreement aimed at reopening the Strait of Hormuz. An interim agreement expected to be signed on Friday would allow Tehran to resume crude sales immediately, while also laying the groundwork for broader negotiations to formally end hostilities and impose new restrictions on Iran's nuclear programme.
A draft memorandum reportedly includes commitments from Iran to ensure safe passage for merchant vessels through the Strait of Hormuz and from the US to lift restrictions that have disrupted traffic through the key shipping route.
The agreement is also expected to include waivers covering Iranian crude exports and related services such as shipping, insurance and banking, potentially easing barriers that have constrained supply for years.
US President is expect to go live soon to give out more details on the deal. Stay connected with NDTV Profit as we give you more updates.
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US-Iran Deal Details LIVE Updates: Trump Suggests Iran's Frozen Assets May Be Returned
According to AP, US President Donald Trump said that the US may return Iran's frozen assets at some point.
"It’s not our money, it’s their money, and we froze it,” Trump said. “At a certain point in time, I guess we’re going to have to give it back.”
US-Iran Deal Details LIVE Updates: Iran Foreign Ministry Suggests Peace Deal To Be Signed By Pezeshkian And Trump
According to AP, Iran's Foreign Ministry suggested that the peace deal would be signed by President Masoud Pezeshkian and is US counterpart Donald Trump.
US-Iran Deal Details LIVE Updates: Peace Deal MoU Secures Toll Free Passage Via Hormuz Only For 60 Days
According to AP, the memorandum of understanding regarding the peace deal will have toll free passage through the Strait of Hormuz only for 60 days, and does not preclude fees in the future.
US-Iran Deal Details LIVE Updates: Peace Deal MoU Includes Minimum Standard For Downblending Of Tehran's Enriched Uranium
According to AP, the memorandum of understanding regarding the peace deal involves a new minimum standard for downblending Tehran's enriched uranium.
US-Iran Deal Details LIVE Updates: Peace Deal MoU To Ensure Lebanon's Territorial Integrity In Exchange For Dropping Select Sanctions For Iran
According to AP, the memorandum of understanding regarding the peace deal involves Iran ensuring territorial integrity of Lebanon in exchange for the US dropping select wide-ranging sanctions.
US-Iran Deal Details LIVE Updates: Trump Says Naval Blockade More Impactful Than Bombing
US President Donald Trump said that the naval blockade of Hormuz was more impactful than bombing Iran.
"Not one ship got through, so no money got through.
US-Iran Deal Details LIVE Updates: Trump Thanks China For Not Selling Weapons To Iran During War
US President Donald Trump thanked China for not selling weapons to Iran during the war, at a press conference at G7.
Trump called China's head of state Xi Jinping neutral. "They could have made things much more difficult,"
The US President said that China has shoulder mounted weapons to "knock down airplanes."
" I told Xi that I would really appreciate you not selling any of that stuff to Iran," Trump said. He stated that China complied with his request.
US-Iran Deal Details LIVE Updates: Trump Says US To Allow $300 Billion Fund For Iran 'Only If They Do Things Right'
US is going to let Iran sell oil and court private infrastructure investment for $300 Billion Fund to rebuild , "only if they do things right", at a press conference at G7.
"There will be 15-20 years to rebuild right now," he added.
US-Iran Deal Details LIVE Updates: Trump Says Peace Deal Ensures 'Israel Is Not Getting Nuked'
US President Donald Trump said that the peace deal has helped "stop nuclear holocaust" and saved Israel from facing a nuclear bomb, at a press conference at G7. Trump referred to the US's pursual of shutting down Iran's nuclear programme.
"Think of what Israel is getting, they're not going to be nuked," Trump said.
US-Iran Deal Details LIVE Updates: Trump On Russia-Ukraine War
On the Russia-Ukraine conflict, Trump said he spoke with Russian President Vladimir Putin on Sunday and briefed G7 leaders on the conversation. He added that he believes both Putin and Ukrainian President Volodymyr Zelenskyy want to make progress toward ending the war.
US-Iran Deal Details LIVE Updates: Trump On Saudi Arabia
Trump also expressed hope that the Abraham Accords would be expanded, saying Saudi Arabia would be doing itself a favour by taking the lead in joining the normalisation agreements.
US-Iran Deal Details LIVE Updates: Efforts To Secure Peace In Lebanon To Continue, Says Trump
US President Donald Trump said efforts to secure peace in Lebanon would continue, describing the issue as "a small piece of the puzzle" while acknowledging that more work remains to be done. He said Lebanon's president is expected to visit the United States within the next week or two and added that the country has "been treated worse than anybody."
US-Iran Deal Details LIVE Updates: Horum Less Important Than Nuclear Weapons
Trump said that some things aren't mentions in the deal but are understood. He further added that deal has strong statement on not having nuclear weapons. According to him Hormuz is less important than Iran having nuclear weapons.
US-Iran Deal Details LIVE Updates: US Not Giving Iran Money, Says Trump
Trump said that US is not giving Iran money. According to him traffic through Hormuz has already increased and energy flow will resume through Horumz in coming days. He said that working on parallel effort with Gulf Nations and also addressing non-nuclear issues.
US-Iran Deal Details LIVE Updates: Deal To Be Signed On Thursday Or Friday
Trump said that the deal could be signed tomorrow or the next day. He reiterated that will most likely sign a deal. He also added that Iran has agreed not to produce nuclear weapons. Trump added that a copy of Iran deal has been sent to Israel.
US-Iran Deal Details LIVE Updates: Trump Will Go Back To Bombing If Deal Not Signed In 60 Days
Trump said MoU will be given out to read today. He further stated that if Iran doesn't sign the deal in 60 days he will go back to bombing. However, he said 'don't want to bomb again' but might have to do it.
US-Iran Deal Details LIVE Updates: Netanyahu, Trump Have Dispute Over Lebanon
Trump says Netanyahu gets a little excited sometimes. He also said they both have dispute over Lebanon. According to Trump, Netanyahu doesn't need to know down building each time.
US-Iran Deal Details LIVE Updates: Stock Market Is Brilliant, Says Trump
President Trump said that the stock market is more brilliant than anybody.
US-Iran Deal Details LIVE Updates: Trump Discussed Details Of Iran Deal With Allies
US President Donald Trump said that he discussed details of Iran deal with allies. He further added that Iran will behave differently.
US-Iran Deal Details LIVE Updates: Trump Reiterates Deal Will Open Hormuz
US President Donald Trump speaks at G7 press conference and said that Iran deal will open the Strait of Hormuz.
US-Iran Deal Details LIVE Updates: Signing Of Deal Could Move Up, Say Reports
According to Axios, US and Iran are discussing moving up signing of deal that was expected to be signed on Friday.
US-Iran Deal Details LIVE Updates: How Hezbollah Stands To Benefit From US-Iran Deal
With the recently mediated US-Iran memorandum of understanding (MoU), Hezbollah is in a great position to benefit politically, tactically, and financially. The group is using the dynamic conditions of the peace agreement to undo its wartime losses, despite suffering significant infrastructure destruction, mass population displacement and high casualties during its current war with Israel, Reuters reported.
Although its specifics have not been disclosed, mediator Pakistan has stated that the US-Iranian MoU, which is scheduled to be signed on Friday, is anticipated to put an end to hostilities on all fronts.
Read more here.
US-Iran Deal Details LIVE Updates: What Iran Will Gain
For Tehran's battered economy, the maritime provisions matter most. The US is obligated to lift its naval blockade the moment the ink dries and bring shipping traffic back to full pre-war levels within a month.
Iran, in turn, must clear mines and remove technical hurdles so merchant vessels can move freely between the Persian Gulf and the Sea of Oman again, also within 30 days.
Perhaps the single biggest prize for Iran is economic.
Washington and its regional partners are to draft a joint rehabilitation plan for the Iranian economy, with reportedly financing guaranteed at a minimum of $300 billion. The mechanics of disbursing this money are to be hammered out within 60 days. However, Trump has refuted this claim.
US-Iran Deal Details LIVE Updates: What We Know So Far
An interim agreement expected to be signed on Friday would allow Tehran to resume crude sales immediately, while also laying the groundwork for broader negotiations to formally end hostilities and impose new restrictions on Iran's nuclear programme.
A draft memorandum reportedly includes commitments from Iran to ensure safe passage for merchant vessels through the Strait of Hormuz and from the US to lift restrictions that have disrupted traffic through the key shipping route.
The agreement is also expected to include waivers covering Iranian crude exports and related services such as shipping, insurance and banking, potentially easing barriers that have constrained supply for years.
US-Iran Deal Details LIVE Updates: Israel Should Protect Itself, Says Trump
US President Donald Trump on Wednesday said that Israel should protect itself but use good judgement. He further said that he wants Israel to use good judgement.
US-Iran Deal Details LIVE Updates: I Think It Will Be Signed, Says Trump
When asked about Iran-US deal President Trump said, "You never know, I think it will be signed." He also added that Iran leadership wants to make a deal.
US-Iran Deal Details LIVE Updates: Iran Deal A Wall To Nuclear Weapon
Iran deal is a wall to nuclear weapon, US President Donald Trump said during a press conference.
US-Iran Deal Details LIVE Updates: Trump To Publicly Share MoU Elements Shortly
The US President will soon go live from France to give more details on Iran and US deal.
"I will be doing a Press Conference in 45 minutes from France. I’ll then be heading to Versailles for Dinner with French and other European Leaders, and then back home tonight! The trip was a Great Success but, mostly what people wanted to talk about, is the fact that Iran will not have a Nuclear Weapon, and that the Strait of Hormuz will immediately be opened! Great Numbers in all categories for the United States Economy with more people working today than have ever worked before. Over 19.1 Trillion being invested in the U.S.A. with Factories and everything else happening but, importantly, recent Stock Market numbers are through the roof because of the settlement and, likewise, Oil Prices are tumbling down!" said in a post on Truth Social.
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