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US-Iran War News Highlights: US Official Says Trump, Vance And Iran's Ghalibaf Signed MoU

Officials from US and Iran will reportedly meet in Switzerland on 19 to formally sign the deal.

US-Iran War News Highlights: US Official Says Trump, Vance And Iran's Ghalibaf Signed MoU
1 day ago

The US and Iran have reached an agreement to reopen the Strait of Hormuz and end the war that killed thousands of people and disrupted global energy supplies.

The officials from these countries will reportedly meet in Switzerland on 19 to formally sign the deal.

Meanwhile, in a post on Truth Social, Trump said, "The Deal with the Islamic Republic of Iran is now complete. Congratulations to all! I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow!"

The agreement comes after Trump earlier claimed that the peace deal will be signed on Sunday, June 14, on his 80th birthday. However, Iran did not confirm the timeline for signing the pact.

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US-Iran War News Live Updates: US Official Says MoU Details To Be Released In Next 24-48 Hours

A US official told Bloomberg that the details of the memorandum of understanding for the peace deal between US and Iran will be released within the next 24-48 hours. The two countries will launch technical talks later this week.

US-Iran War News Live Updates: US Official Says MoU May Contain $300 Billion Fund To Rebuild Iran

A US official told Bloomberg that the memorandum of understanding for the peace deal between US and Iran may contain a $300 billion fund to rebuild the latter country.

US-Iran War News Live Updates: US Official Says Trump, Vance And Iran's Ghalibaf Signed MoU

A US official told Bloomberg that US President Donald Trump, Vice President JD Vance and Iran's speaker of the parliament of Iran have signed the memorandum of understanding for the peace deal.

US-Iran War News Live Updates: US Official Says Israeli Withdrawal Not Conditional To Iran Deal

Israeli withdrawal is not the condition of the Iran deal, according to a US official's statement cited by Bloomberg. He said that Israel has the right to defend itself, adding that Israel can respond if Iran can't "control Hezbollah".

US-Iran War News Live Updates: US Official Says $0 Worth Of Iranian Funds Released

A US official denied that any frozen Iranian funds were released as per their statement to Bloomberg.

US-Iran War News Live Updates: US Official Says Hormuz To Be Toll Free For 60 Days

The Strait of Hormuz will be toll-free for atleast 60 days, with prohibition of tolls likely extending past the MoU period according to a  US official's statement cited by Bloomberg. The US expects a prohibition on toll in the final Iran deal.

US-Iran War News Live Updates: US Official Says 40-50 Ships To Pass Through Hormuz Daily

Up to 40-50 ships will pass throught the Strait of Hormuz per day, according to a US official's statement cited by Bloomberg. 

US-Iran War News Live Updates: Trump Says Strait of Hormuz To Be Completely Open By Friday

US President Donald Trump stated that the Strait of Hormuz will be "completely open by Friday", as per Bloomberg.

US-Iran War News Live Updates: Macron Says Peace Deal Could Reopen Hormuz, Bring Peace To Lebanon

France's President Emmanuel Macron stated that a peace deal with Iran could reopen Strait of Hormuz, and bring peace to Lebanon, as per Bloomberg.

US-Iran War News Live Updates: Macron Says Peace Deal With Iran Important For Solving Nuclear Issue

France's President Emmanuel Macron stated that a peace deal with Iran is important in order to fix nuclear issues, according to Bloomberg.

US-Iran War News Live Updates: US Plans To Keep Military In Gulf Region During Talks

The US plans to keep its military in the gulf region during peace deal talks with Iran, according to a US official's statement cited by Bloomberg. The official refered to the 60-day period of talks with Iran.He added that the US hopes to draw down forces, but not yet.

US-Iran War News Live Updates: US To Put Nuclear Talks Upfront With Iran Via Peace Deal MoU

The US wants to put nuclear talks upfront with Iran via the memorandum of understanding of the peace deal to be signed between them, as per a US official's statement cited by Bloomberg.

US-Iran War News Live Updates: Indian LNG Tanker Disha Among First Vessels To Pass Through Hormuz

The Indian LNG tanker Disha was among the first vessels that has passed through the Strait of Hormuz, according to NDTV. Carrying a cargo from Qatar, the tanker transited via the Iranian route near Larak Island.

US-Iran War News Live Updates: Vance Says Hormuz Strait To Be Opened For Long Term

US Vice President JD Vance said that he expects the Strait of Hormuz to be opened toll free for the long term.

US-Iran War News Live Updates: Trump Says Ships Are Moving Out Hormuz Strait, States 'Southern Highway Is Safe And Secure'

US President Donald Trump said that ships are starting to move out of the Strait of Hormuz, and added that many are loaded up with oil, as per his post on Truth Social. He added that the southern "highway" of Hormuz is totally safe and secure, and further stated that there are also other areas of travel.
 

US-Iran War News Live Updates: Vance Says Peace Deal Gives US Enforcement Over Iran Nuclear Program

US Vice President JD Vance said that the peace deal to be signed with Iran will give the US enforcement over Iran's nuclear programs, as per a statement to CNBC.

US-Iran War News Live Updates: Vance Says Iran Will Not Have Resources To Rebuild If It Rejects US Nuke Demands

US Vice President JD Vance stated that Iran will not have resources to rebuild, if it refuses the US's deal regarding nuclear weapons, as per a statement to CNBC.

US-Iran War News Live Updates: Iran Insists US Forces Must Leave Vicinity After 30 Days Post Final Deal Signing

Iran insisted on US forces leaving its vicinity, after 30 days post the signing of the final peace deal, as per Tasnim news agency which cited people familiar with US troop movements.

US-Iran War News Live Updates: Iran Says US Committed To Not Imposing New Sanctions

Iran stated that the US has committed to not imposing any new sanction on it, as per Tasnim news agency.

US-Iran War News Live Updates: Israel's Ben Gvir Says Country Not Partner To Trump's Peace Deal

Israel's National Security Minister Itamar Ben Gvir stated that US President Donald Trump's peace agreement "does not bind" the country and that it is "not partners" to it, according to The Times Of Israel.

We must not withdraw from any territory (in Lebanon) that our fighters have captured, he said.

US-Iran War News Live Updates: Israeli Finance Minister Calls The Peace Deal 'Bad For Israel'

Israel's Finance Minister Bezalel Smotrich claimed that the agreement with Iran is bad for Israel and for the entire free world. In a post on X, he wrote, "The joint campaign had many achievements in weakening Iran, and they will not go to waste. We will have to continue the campaign to topple the regime ourselves and in creative ways, and ensure that Iran will never have nuclear weapons."

 

US-Iran War News Live Updates: Iran Army Claims Victory

The Iranian Army has claimed that it has left ‘enemies’ with no choice but surrender after both Tehran and Washington reach an agreement. s announced. It hailed the “resilient and proud people of Iran, and their brave and courageous sons in the country’s powerful armed forces”. The military “proved with strength that the humiliated American and Zionist enemies have no choice but to accept defeat and surrender”.

(Source: Al Jazeera via  IRNA news agency)

US-Iran War News Live Updates: France Welcomes Peace Deal - Read President Macron's Full Statement

US-Iran War News Live Updates: 'Trump's Agreement Does Not Bind Us,' Says Israel National Security Minister

Israel's Minister of National Security, Itamar Ben-Gvir in a post on X wrote, "Trump's agreement does not bind us. Israel is not subject to the United States, and we are an independent and sovereign nation... Every time we succumbed to international pressure at the expense of Israel's security, we paid a blood price with interest. It was true in the Oslo Accords, it was true in the Lebanon agreement in 2006, and it was true in every period of containment in Gaza that exploded in our faces...

Ben-Gvir  added, "We love the USA and are grateful to President Trump. And yet, the State of Israel is not a banana republic. I say these things to the Prime Minister all the time, and repeat them in closed rooms at every important historical juncture: In historical moments, a historical decision must be made... We must make it clear: Every launch of a drone, UAV, or missile toward Israel from Lebanon will lead to an Israeli strike in Dahiya..."

US-Iran War News Live Updates: PM Modi Hopes For Peace And Freedom Of Navigation

Prime Minister Narendra Modi reacted to the peace deal between US and Iran, while urging for restoration of peace in the region and the freedom of navigation.

In a post on X, PM Modi wrote, "I welcome the understanding reached between the United States and Iran on ending the conflict in West Asia, which has caused serious economic disruption across the world and led to loss of life in many countries. India hopes that the implementation of this understanding will help restore peace and stability in the region and ensure the freedom of navigation and commerce. We look forward to deliberations on the remaining issues reaching a sustainable final agreement.

 

US-Iran War News Live Updates: Ursula von der Leyen Hails The Deal, Urges For Lebanon's Sovereignty

European Commission head Ursula von der Leyen welcomed the agreement reached between the US and Iran. In a post on X, she wrote, "This agreement should allow for the immediate reopening of the Strait of Hormuz. Freedom of navigation must be restored toll-free. This is essential for regional stability and the global economy. It opens the door to broader negotiations on peace and security in the Middle East. And should end Iran’s nuclear and ballistic programmes and its destabilising activities in the region. And of course there can be no peace in the Middle East while Lebanon is in flames.

Urging Lebanon's territorial integrity, she added, "Once again Europe calls on all parties to respect Lebanon's sovereignty and territorial integrity and implement a genuine ceasefire. In Evian, G7 leaders will meet partners from the Gulf and the wider Middle East. Europe is ready to play its part. This crisis also carries a clear lesson. Once again, energy dependencies have been weaponised. We must diversify our supply routes and develop alternative export corridors to diversify away from the bottleneck of Hormuz."

 

US-Iran War News Live Updates: Airstrikes In Lebanon Continue

A number of attacks by Israel were reported in different parts of southern Lebanon, despite one of the conditions in the US-Iran deal requiring a halt to strikes. The Israeli army launched two strikes on Khiam and a drone attack on a car in Kfar Tebnit, where injuries have been reported.

(Source: Al Jazeera via Lebanon’s National News Agency)

US-Iran War News Live Updates: 'A Tough Morning For Israel,' Opposition Leader Slams Netanyahu

Opposition leader of Israel Yair Golan criticised Israeli Prime Minister Benjamin Netanyahu as US and Iran reached a peace deal. In a detailed post on X, he wrote, "This morning, Israeli citizens are waking up to an agreement between the United States and Iran made over Israel's head. In one signature stroke, immense military achievements secured with the courage of our pilots and the blood of our fighters have been erased, while Netanyahu stood on the sidelines—weak, ill, isolated, and powerless."

He added, "Netanyahu is the man who, for years, sold the public a false image of "Mr. Security," and in reality became the father of Israel's greatest strategic failure in its history. The man who built the notion of "Hamas is an asset," who enabled the flow of Qatari money, who abandoned the diplomatic arena, who dismantled Israel's alliances, and left it isolated at the moment of truth. Netanyahu is good for Hamas. Netanyahu is good for Iran. Netanyahu is good for Hezbollah. Netanyahu is not good for Israel."

 

US-Iran War News Live Updates: 'Iran Will Never Have Nuclear Weapon,' Says Vance

Hailing the peace deal with Iran, US Vice President JD Vance told Fox News, “What the president has done is create the real space to transform that region. He added, “I think we can safely say, with confidence, that Iran will never have a nuclear weapon”.

US-Iran War News Live Updates: Keir Starmer Welcomes Peace Deal - Check Full Statement

US-Iran War News Live Updates: India Linked LNG Tanker Heads Toward Hormuz

A liquefied natural gas tanker that has been stuck in the Persian Gulf for more than three months is heading toward the Strait of Hormuz as US President Trump announced that the route with reopen and confirmed a peace deal with Iran. 

The LNG carrier, which is under a long-term charter with an Indian state-owned importer, is moving into the eastern side of Hormuz, toward the Gulf of Oman.

(Source: Bloomberg News)

US-Iran War News Live Updates: Trump's Ex-Aide Urges To Cut Support For Israel

Former head of US National Counterrorism Center Joe Kent, who resigned earlier this year reportedly over disagreements with Trump on Iran war, urged the administration to cut assistance to Israel.

In a post on X, Kent wrote, "We can strengthen our chances of this deal holding by cutting all military/intel assistance to Israel, they took every opportunity to tank this deal & will likely do so again unless we take action. We should also quietly get our troops out of the bases in the Gulf that can be reached by Iran. This ensures Iranian hardliners can’t strike us to drag us back into the fight. Take away every factor that we can control that could force us back into the war on Israel or Iran’s terms. Set all conditions that we can control in our favor."

 

US-Iran War News Live Updates: Indian Stock Market Rallies After Peace Deal Announcement

Indian equity benchmarks soared on Monday, June 15 as its Asian peers rallied and crude prices fell after US-Iran reached a deal to end war. The NSE Nifty 50 rose as much as 1.64% to 24,011.35. The BSE Sensex advanced as much as 1.7%, or 1,293.12 points, to 76,821.07.

US-Iran War News Live Updates: Barack Obama's Aide Slams Iran War

In a post on X, Robert Malley, a former US negotiator durin Barack Obama's tenure and special envoy for Iran said, "This deal reopens a body of water that was open before the war and begins a nuclear negotiation far narrower than what Trump was seeking before the war. All at a staggering cost to the entire world while leaving an IRGC-led government that feels strengthened."

 

US-Iran War News Live Updates: China Welcomes Deal But Remains Cautious

China has welcomed the deal as a positive step, aligning with its long-standing call for a complete ceasefire, an end to hostilities, and a return to dialogue. However, China is expected to remain cautious, highlighting the lack of clarity on several key aspects and the need for further negotiations. 

(Source: Al Jazeera)

 

US-Iran War News Live Updates: Key Points Of Draft Agreement

The draft agreement areement contains 14 points, which includes -

  • A permanent and immediate halt on attacks, including hostilties in Lebanon.
  • Completely lifting the naval blockade within 30 days, with a US commitment to withdraw its forces from around Iran; and the reopening of the Strait of Hormuz.
  • The draft includes the  suspension of sanctions on oil sales and a final agreement on nuclear related issues within 60 days of signing the deal.
  • Release of $24bn in frozen Iranian assets during this 60-day period. The negotiations would not start till half of Iran’s frozen assets had been released and restrictions affecting the Strait of Hormuz had been lifted.
  • Discussions over Iran’s missile programme and its support for resistance groups is not a part of the draft deal.

(Source: AL Jazeera Via Mehr. Al Jazeera could not independently verufy the details mentioned in the report.)

 

US-Iran War News Live Updates: US Not Concerned About Regime Change In Iran, Trump Says

Either US President or  Vice President is expected to electronically sign the agreement, Trump told Wall Street Journal, indicating that sanctions on Iran could be lifted depending on Tehran’s future actions. US will conduct stringent inspection to monitor Iranian compliance, even as Washington signals that regime change is no longer an objective. 

US-Iran War News Live Updates: Netanyahu Raised Objections Over The Deal, Claims Trump

Trump claimed that the agreement was concluded with Iran despite objections raised by Israeli Prime Minister Benjamin Netanyahu.

Sharing further details on the deal with Iran, Trump told New York Times that the agreement aimed at ensuring the Strait of Hormuz remains permanently toll-fre, with a memorandum of understanding (MoU) suspending transit tolls through the Strait of Hormuz for an initial period of 60 days.

 

US-Iran War News Live Updates: What Did Iran Say On The Deal?

Iran’s deputy foreign minister for legal and international affairs Kazem Gharibabadi confirmed the deal. He said that an “immediate and permanent end to the war and military operations on various fronts, including Lebanon”, would be announced starting on Monday.

Meanwhile, Iranian President Masoud Pezeshkian, posting on X in the early hours of Monday noted, "We will not bow our heads before any power, but we consider ourselves responsible and accountable to the Iranian nation and their legitimate demands," Pezeshkian wrote, adding: "By 'the people,' we mean all the people of Iran, not a specific faction or group.

(Source: Tasnim news agency)

US-Iran War News Live Updates: UN Chief Hails Peace Deal

UN Chief António Guterres congratulated both sides for "immediate and permanent ceasefire, the reopening of the Strait of Hormuz, and a negotiation framework". He further wrote on X, "I warmly congratulate the US & Iran for having reached a peace deal that provides for an immediate & permanent ceasefire, the reopening of the Strait of Hormuz, as well as a framework for further negotiations. This represents a critical step towards the peaceful settlement of the conflict."

 

US-Iran War News Live Updates: Oil Slips To $84 A Barrel

Oil prices dipped after the peace deal announcement that would reopen the Strait of Hormuz, a key route for global crude shipments.

WTI crude futures for July delivery fell 4.77% to $80.83 a barrel, while Brent crude futures for August delivery dropped about 4% to $83.77 a barrel.

US-Iran War News Live Updates: Deal Will Bring Peace And Security, Says Trump

In a post on Truth Social, Trump said, "This Great Deal will bring Peace and Security to the whole Region. Many presidents have tried to make Peace with Iran, and all have failed before me. The Leaders of the Region have, for the first time, found a President who can help them achieve real Peace. With the opening of the Strait upon the signing of the Deal on Friday, for purposes of mine removal, oil will flow on both ends again for the Region, and the World!"

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

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