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A US-Iran interim agreement, digitally signed, mandates a ceasefire, sanctions relief, and port access, with a 60-day truce extension, though Trump threatened renewed attacks if terms are violated.
A preliminary US-Iran peace deal to end a 107-day conflict, which disrupted oil supplies, has been signed, with key provisions like the Strait of Hormuz reopening and nuclear programme negotiations remaining contentious.
Gold prices surged, reaching a near one-week high. This rise occurred as a tentative US-Iran peace agreement lowered oil prices and eased concerns about potential US Federal Reserve rate hikes.
The US and Iran agreed to a peace deal, ending military operations and unblocking the Strait of Hormuz. A signing ceremony is scheduled for June 19 in Switzerland, with potential asset releases for Iran.
Iran deems peace talks with the US pointless, citing unfulfilled commitments, while Israel-US strikes on Hezbollah in Beirut complicate a deal Trump expected imminently.
Iran might sign a US peace deal framework soon, though not imminently. The proposed agreement involves reopening the Strait of Hormuz and lifting sanctions. Israel is not a party to this pact.
President Trump stated a deal to end the war with Iran is nearly complete, with Iran agreeing not to acquire nuclear weapons and the Strait of Hormuz reopening.
Three Indian sailors died during a US operation off Oman to intercept a tanker, with India lodging a strong protest.
The announcement was made by Kuwait's Directorate General of Civil Aviation, which said flights were being diverted to alternative airports.
The US conducted strikes in Iran, threatening more if no peace deal is reached. Iran claimed counter-attacks and warned of Strait of Hormuz action, while US denied a closure and denied significant damage from Iranian strikes.
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