

Iran war LIVE: Iran foreign minister Abbas Araghchi has said the talks on final agreement with US ‘likely’ to start Friday, AFP reported. Even as Iran and the US seem to be inching closer to a deal, Araghchi struck a cautious tone, saying: “We have a history of broken commitments… a history of agreements being torn up. All of this is present in our minds.”
Oil prices ease
Oil prices extended losses on Tuesday, as markets weighed prospects for resumption of supply through the key Strait of Hormuz against shaky physical market drivers and a lack of details from a preliminary deal to end the Iran war.
By 0436 GMT, Brent crude futures fell 25 cents, or 0.3%, to $82.92 a barrel and U.S. West Texas Intermediate inched down 9 cents, or 0.1%, to $80.66 a barrel, Reuters reported.
On Monday, oil prices fell nearly 5% to their lowest close since March 4, after US President Donald Trump said a memorandum of understanding was signed to end the US-Israeli war with Iran, though full details have not been made public.
US Vice President JD Vance told Fox News on Monday that President Donald Trump may decide to release Washington’s agreement with Tehran before Friday.
The agreement, which was electronically signed by leaders in the US and Iran, is expected to be signed in person on Friday.
Trump has dismissed reports that Washington would provide USD 300 million to Tehran under the newly announced peace agreement as “fake news.”
In a post on Truth Social, Trump reiterated his administration’s position that the agreement with Iran would ensure that Tehran does not develop nuclear weapons.
“Iran has agreed to never have a Nuclear Weapon! Also, the story that the US is paying Iran 300 million Dollars is Fake News, put out by the Dumocrats!!!” Trump wrote.
Trump says MoU signed
Trump said on Monday a preliminary agreement to end the war in the Gulf has been signed by the US and Iran, though details have yet to be made public and both countries said a permanent truce is yet to be negotiated.
The agreement would extend a tenuous ceasefire announced in April by another 60 days and reopen the Strait of Hormuz, which Iran has effectively blocked since the U.S. and Israel attacked Iran in February.
“The deal’s all signed,” Trump said after he arrived in France for a summit of the G7 group of big economies. He said Vice President JD Vance would attend a formal signing ceremony in Geneva on Friday.
History of broken commitments, says Araghchi
Even as US and Iran inch closer to a deal to end months of conflict, Iran foreign minister Abbas Araghchi struck a cautious tone, saying: “We have a history of broken commitments… a history of agreements being torn up. All of this is present in our minds.”
Strait of Hormuz ‘reopened’
Trump also said Monday that ships were again moving through the Strait of Hormuz and the vital oil route would be “completely open” by Friday, after Washington and Tehran announced a deal to end the Middle East war.
The reopening of one of the key oil passage marks a major step toward ending months of deadly conflict and economic turmoil triggered by US-Israeli strikes on Iran on February 28.
“Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz,” Trump said, adding later that he did not “think we will need much help” keeping the waterway open.
Iranian media reported on Monday evening that three oil tankers and two cargo ships carrying goods had passed through the area that had been subject to a US naval blockade.
Iran hails MoU
Iranian President Masoud Pezeshkian has described the memorandum of understanding (MoU) between Iran and the United States as the outcome of months of negotiations and sustained diplomatic efforts, saying that its successful implementation could become a source of national pride.
In a post on X, Pezeshkian praised officials and institutions involved in the negotiations that culminated in the agreement, which is expected to be formally signed later this week.
“The memorandum of understanding that has been drafted is the result of months of dialogue and persistent follow-ups in this regard, and if all its provisions are properly implemented, it can be considered a document of pride for the country,” Pezeshkian wrote.
“I deem it necessary to thank my brothers, Dr alibaf, Araghchi, the members of the Shura Council, and all those who played a role in this path,” he added.
…Read More
Oil prices extended losses on Tuesday, as markets weighed prospects for resumption of supply through the key Strait of Hormuz against shaky physical market drivers and a lack of details from a preliminary deal to end the Iran war.
By 0436 GMT, Brent crude futures fell 25 cents, or 0.3%, to $82.92 a barrel and U.S. West Texas Intermediate inched down 9 cents, or 0.1%, to $80.66 a barrel, Reuters reported.
On Monday, oil prices fell nearly 5% to their lowest close since March 4, after US President Donald Trump said a memorandum of understanding was signed to end the US-Israeli war with Iran, though full details have not been made public.
US Vice President JD Vance told Fox News on Monday that President Donald Trump may decide to release Washington’s agreement with Tehran before Friday.
The agreement, which was electronically signed by leaders in the US and Iran, is expected to be signed in person on Friday.
Trump has dismissed reports that Washington would provide USD 300 million to Tehran under the newly announced peace agreement as “fake news.”
In a post on Truth Social, Trump reiterated his administration’s position that the agreement with Iran would ensure that Tehran does not develop nuclear weapons.
“Iran has agreed to never have a Nuclear Weapon! Also, the story that the US is paying Iran 300 million Dollars is Fake News, put out by the Dumocrats!!!” Trump wrote.
Trump says MoU signed
Trump said on Monday a preliminary agreement to end the war in the Gulf has been signed by the US and Iran, though details have yet to be made public and both countries said a permanent truce is yet to be negotiated.
The agreement would extend a tenuous ceasefire announced in April by another 60 days and reopen the Strait of Hormuz, which Iran has effectively blocked since the U.S. and Israel attacked Iran in February.
“The deal’s all signed,” Trump said after he arrived in France for a summit of the G7 group of big economies. He said Vice President JD Vance would attend a formal signing ceremony in Geneva on Friday.
History of broken commitments, says Araghchi
Even as US and Iran inch closer to a deal to end months of conflict, Iran foreign minister Abbas Araghchi struck a cautious tone, saying: “We have a history of broken commitments… a history of agreements being torn up. All of this is present in our minds.”
Strait of Hormuz ‘reopened’
Trump also said Monday that ships were again moving through the Strait of Hormuz and the vital oil route would be “completely open” by Friday, after Washington and Tehran announced a deal to end the Middle East war.
The reopening of one of the key oil passage marks a major step toward ending months of deadly conflict and economic turmoil triggered by US-Israeli strikes on Iran on February 28.
“Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz,” Trump said, adding later that he did not “think we will need much help” keeping the waterway open.
Iranian media reported on Monday evening that three oil tankers and two cargo ships carrying goods had passed through the area that had been subject to a US naval blockade.
Iran hails MoU
Iranian President Masoud Pezeshkian has described the memorandum of understanding (MoU) between Iran and the United States as the outcome of months of negotiations and sustained diplomatic efforts, saying that its successful implementation could become a source of national pride.
In a post on X, Pezeshkian praised officials and institutions involved in the negotiations that culminated in the agreement, which is expected to be formally signed later this week.
“The memorandum of understanding that has been drafted is the result of months of dialogue and persistent follow-ups in this regard, and if all its provisions are properly implemented, it can be considered a document of pride for the country,” Pezeshkian wrote.
“I deem it necessary to thank my brothers, Dr alibaf, Araghchi, the members of the Shura Council, and all those who played a role in this path,” he added.
Follow all the updates here:
Jun 16, 2026 5:19:13 PM IST
Iran war LIVE: Qatar says US-Iran regional deal cannot be reached in days
Iran war LIVE: Qatar has said that agreements on deeply divisive regional issues between the US and Iran will not be reached in a matter of days. Foreign Ministry spokesman Majed al-Ansari said key points of discussion include the Strait of Hormuz, regional security, non-aggression pacts and broader ties between Iran and its neighbours.
“We are on the right track now towards regional security. Obviously, there are a lot of challenges coming ahead, but let’s take this as a moment to enjoy some optimism,” he told reporters in Doha. He added that talks also cover Iran’s nuclear programme, as well as concerns over proxy groups, missiles and other long-standing regional tensions, stressing, “These will not be resolved in mere days.”
Jun 16, 2026 5:10:44 PM IST
Iran war LIVE: Iran has ‘rational’ leadership now
Iran war LIVE: Trump says that Iran has “rational” leadership now because of the US-Israeli attacks on the country that killed senior Iranian figures. This is untrue because Iran’s powerful hardliners are now energised by a three-month confrontation they feel Tehran has won.
-The Guardian
Jun 16, 2026 4:55:27 PM IST
Iran war LIVE: What does the US-Iran MoU hold?
Iran war LIVE: The details of the MoU haven’t been made public officially, but Vance on said it is “a very general document” with specifics of the deal to be worked out during further negotiations.
“The MOU…is about a page and half so it is a very general document. On a number of issues, we are going to have to figure this stuff out during the technical negotiation phase,” US vice president JD Vance told CNN.
While still a framework, the deal marked the biggest breakthrough toward resolving the conflict that has killed thousands and upended energy markets since it began with joint US-Israeli strikes on Iran on February 28
Jun 16, 2026 4:49:18 PM IST
Iran war LIVE: EU President congratulates President Trump on his agreement with Iran
Iran war LIVE: European Commission President Ursula von der Leyen said she congratulated President Trump on his agreement with Iran.
“We both agree that it should mean a definitive end to Iran’s nuclear programme,” she said in a post on X.
“The Strait will reopen. Oil prices are falling. And that’s how diplomacy delivers.”
Jun 16, 2026 4:44:39 PM IST
Iran war LIVE: ‘No obligation to invest money in Iran’, says Trump
Iran war LIVE: US President Donald Trump on Tuesday said US is not investing “any money” in Iran.
“But we have a deal that’s a fair deal. It’s a good deal. We are not investing any money in Iran. We have the right to go in someday and do it if I want to do something or if somebody wants to do something. But we are not investing any money. We have no obligation to invest any money in Iran.”
Jun 16, 2026 4:35:42 PM IST
Iran war LIVE: Qatar says ‘cautiously optimistic’ US-Iran deal will lead to regional security
Iran war LIVE: Qatar on Tuesday said it believed the agreement could deliver security to the Middle East, AFP reported.
“We are cautiously optimistic that the signing of the memorandum of understanding will lead to the next phase of regional security through the talks that will take place on the nuclear programme and on other issues,” foreign ministry spokesman Majed Al Ansari told reporters at a regular press briefing.
Jun 16, 2026 4:11:02 PM IST
Iran war LIVE: Trump wants Netanyahu to be ‘responsible’ with Lebanon
Iran war LIVE: Trump also said he had a “great relationship” with Israeli prime minister, Benjamin Netanyahu, but said he “has to be more responsible with respect to Lebanon”, the Guardian reported.
“Without me there would be no Israel, because no other president was willing to do what I did,” he told reporters.
Jun 16, 2026 4:00:44 PM IST
Iran war LIVE: Trump warns ‘all hell will rain down’ on Iran if they try to get nuclear weapon
Iran war LIVE: US President Donald Trump on Tuesday warned that “all hell will rain down” on Iran if it tries to get a nuclear weapon, the Guardian reported.
“The only thing that really matters to me is Iran will never have a nuclear weapon, and it says it loud and clear,” he said, referring to the agreement with Tehran.
Jun 16, 2026 3:53:14 PM IST
Latest news on Iran war: History of broken commitments, says Araghchi
Latest news on Iran war: Even as US and Iran inch closer to a deal to end months of conflict, Iran foreign minister Abbas Araghchi struck a cautious tone, saying: “We have a history of broken commitments… a history of agreements being torn up. All of this is present in our minds.”
Jun 16, 2026 3:26:27 PM IST
Latest news on Iran war: Trump says Iran will never have a nuclear weapon under US peace deal
Latest news on Iran war: US President Donald Trump on Monday said that under the US peace deal, Iran will never have a nuclear weapon.
“I think its a fair deal’, he said.
He also said that US is not investing any money in Iran.
Jun 16, 2026 2:31:15 PM IST
Latest news on Iran war: Araghchi says Israeli attacks on Lebanon will be considered MoU violation
Latest news on Iran war: Iran foreign minister Abbas Araghchi has emphasised on the ‘importance’ of a pause in Israeli attacks on Lebanon and said that Israeli attacks on Lebanon will be considered MoU violation.
Foreign Minister Abbas Araghchi told diplomats from other countries that Israel’s continued occupation of southern Lebanon would violate the memorandum of understanding reached between the United States and Iran, in comments aired on Iranian state television.
“The end of the war in Lebanon is an inseparable part of the complete end of the war,” Araghchi said. “Without the withdrawal of Israeli forces from the territories they occupied during this war, the war has not fully come to an end.”
Jun 16, 2026 2:19:18 PM IST
Latest news on Iran war: Indian envoy meets 21 rescued crew members of MT Settebello
Latest news on Iran war: Indian Ambassador to Oman, Prashant Pise, interacted with 21 rescued Indian seafarers from MT Settebello on Tuesday, before their repatriation to the country.
On June 10, the US struck a Palau-flagged tanker, MT Settebello, killing three out of the 24 Indian sailors on board.
MT Settebello was about 30 Nautical Miles off the coast of Oman at the time of the attack, the Indian Embassy said in a post on X.
“21 Indian crew members of MT Settebello are returning home safely,” according to the Indian mission.
“Prior to their departure, the ambassador interacted with the crew members, conveyed his best wishes,” the Indian mission said.
Jun 16, 2026 2:14:52 PM IST
Latest news on Iran war: What we know about MoU signing
Latest news on Iran war: Iran and the US will physically sign the MoU, an interim doc to end months of war, in Geneva on Friday. Iran has said its chief negotiator and Parliament speaker Ghalibaf will attend the ceremony, while US vice president JD Vance and envoys Steve Witkoff and Jared Kushner will represent the US side.
Iran foreign minister said final talks on deal will begin on Friday, likely after the formal signing of the interim document.
Jun 16, 2026 2:06:03 PM IST
Latest news on Iran war: Iran’s top negotiator Ghalibaf to attend signing of interim deal with US
Latest news on Iran war: Iran’s top negotiator Mohammad Baqer Ghalibaf will be present for the signing of an interim agreement to end the war with the U.S., an Iranian deputy foreign minister said on Tuesday, according to Tasnim news agency.
Majid Takht-Ravanchi said it remained unclear where exactly the signing would take place and in what format it would be conducted.
U.S. President Donald Trump said on Monday that Vice President JD Vance would attend the formal signing ceremony in Geneva.
via Reuters
Jun 16, 2026 1:51:32 PM IST
Latest news on Iran war: When will the deal be finalised?
Latest news on Iran war: Iran and US envoys will meet in Geneva and physically sign to MoU, following which talks on the final deal will begin.
Jun 16, 2026 1:47:29 PM IST
Latest news on Iran war: Trump to host Iraqi PM at White House in mid-July, says US embassy
Latest news on Iran war: US President Donald Trump will host Iraqi Prime Minister Ali al-Zaidi at the White House next month, the Iraqi leader’s office and the US embassy in Baghdad said Tuesday.
“Special Presidential Envoy Barrack conveyed President Trump looks forward to welcoming Prime Minister Al-Zaidi to the White House mid-July to discuss the future of this important relationship,” said a joint statement from the Iraqi leader and Trump’s special envoy to Iraq, Tom Barrack, issued by the embassy.
The announcement comes during a visit by Barrack to the Iraqi capital Baghdad during which he discussed with the prime minister disarming and dissolving Iraq’s armed groups operating outside state authority.
The United States has recently increased pressure on Baghdad to disarm Iran-backed groups. In early May, Washington pledged to resume financial transfers to Iraq and security assistance once “concrete steps” have been taken against the groups.
Armed groups launched attacks against US facilities in Iraq after the Middle East war broke out in late February, before a ceasefire took effect on April 8.
via AFP
Jun 16, 2026 1:33:56 PM IST
Latest news on Iran war: Araghchi flags ‘history of broken commitments’
Latest news on Iran war: Even as US and Iran inch closer to a deal to end months of conflict, Iran foreign minister Abbas Araghchi struck a cautious tone, saying: “We have a history of broken commitments… a history of agreements being torn up. All of this is present in our minds.”
Jun 16, 2026 1:14:42 PM IST
US Iran war LIVE: Araghchi says end of Iran war includes end of Israel occupation in Lebanon
US Iran war LIVE: Iran foreign minister Abbas Araghchi told Iran state television that end of Iran war includes end of Israel’s occupation of Lebanon.
via Reuters
Jun 16, 2026 1:12:45 PM IST
US Iran war LIVE: Iran ordered to ‘leave USA immediately’ after FIFA 2026 World Cup match against New Zealand
US Iran war LIVE: Iran began its FIFA World Cup 2026 journey on Tuesday morning with a 2-2 draw against New Zealand. The Group G encounter had it all, and the fans got to witness one of the best games of the tournament so far. After a thrilling encounter at the Los Angeles Stadium, Iran’s football coach Amir Ghalenoei revealed that his team were ordered to leave the US immediately and return to its training base in Mexico. However, the coach didn’t say much about where the directive came from.
According to the Associated Press, Iran was expecting to spend the night in California for recovery after a gruelling game against New Zealand, but they were told they must leave immediately for the 140-mile trip back to Tijuana.
“They didn’t even give us time to recover,” Ghalenoei said through an interpreter.
“After the game today, they said to us, ‘You have to leave immediately.’ It’s very important for us to have time for recovery, but we are asked to get on a plane and return to our camp in Tijuana, and we are really troubled by that,” he added. Read full report
Jun 16, 2026 1:05:24 PM IST
US Iran war LIVE: Araghchi says talks on final agreement with US ‘likely’ to start Friday
US Iran war LIVE: Iran foreign minister Abbas Araghchi has said the talks on final agreement with US ‘likely’ to start Friday, AFP reported.
Jun 16, 2026 12:47:38 PM IST
US Iran war LIVE: Iran and US envoys to meet in Geneva on Friday. Who all are attending?
US Iran war LIVE: US vide president JD Vance, US envoys Steve Witkoff and Jared Kushner will be on the negotiations table from the US side, while Parliament speaker Mohammed Bagher Ghalibaf, foreign minister Abbas Araghchi will represent Iran as the two sides will meet in Geneva on Friday with Pakistani and Qatari mediators.
Jun 16, 2026 12:18:06 PM IST
US Iran war LIVE: US-Iran deal promises end to war but how it will work remains unclear
US Iran war LIVE: D oubts swirled around the U.S.-Iran interim deal to end the war in the Middle East as shippers said it could take weeks for confidence to return after any reopening of the Strait of Hormuz, and fundamental questions remained unanswered.
U.S. President Donald Trump said on Monday a preliminary agreement to end the conflict had been signed by the U.S. and Iran, although details have yet to be made public and both countries said a permanent truce was yet to be negotiated.
The interim agreement would extend a tenuous ceasefire announced in April by another 60 days and reopen the Strait of Hormuz, which Iran has effectively blocked since the U.S. and Israel attacked Iran in February.
Negotiators would address difficult issues like the future of Iran’s nuclear programme during the next phase of talks to be held during the 60-day window.
Two other issues that Trump and Israeli Prime Minister Benjamin Netanyahu used to justify the war – ending Iran’s support for regional armed proxies and curbing its missile programme – are not thought to be on the agenda for those negotiations.
“The deal’s all signed,” Trump said after he arrived in France for a summit of the G7 group of big economies. He said Vice President JD Vance would attend a formal signing ceremony in Geneva on Friday.
Oil prices fell on Monday to their lowest level since March 10, shortly after the blockade of the Strait of Hormuz, a narrow waterway between Iran and Oman, cut off one-fifth of the world’s oil trade.
But on Tuesday the price steadied, reflecting a more cautious stance, with Brent crude futures sliding 0.3% to $82.96 a barrel in Asian trading hours.
via Reuters
Jun 16, 2026 11:41:23 AM IST
US Iran war LIVE: Trump says Hormuz to reopen Friday under US-Iran deal
US Iran war LIVE: Iran and the United States said ships had again started moving through the Strait of Hormuz — with President Donald Trump saying the vital oil route would be “completely open” by Friday — after Washington and Tehran announced a deal to end the Middle East war.
The reopening of one of the world’s most important energy chokepoints would mark a major step toward ending months of deadly conflict and economic turmoil triggered by US-Israeli strikes on Iran in late February.
“Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz,” Trump said, adding later that he did not “think we will need much help” keeping the waterway open.
The deal sparked a huge rally across global equities, with the Dow on Wall Street hitting a record high and crude prices plunging almost five percent.
Iranian media reported on Monday evening that three oil tankers and two laden cargo ships had passed through the area that had been subject to a US naval blockade.
(AFP)
Jun 16, 2026 11:31:52 AM IST
US Iran war LIVE: Oil heads for longest losing run this year following Hormuz deal
US Iran war LIVE: Oil headed for its longest losing streak this year as the US-Iran deal to reopen the Strait of Hormuz boosted expectations for a revival in supply, with leading Wall Street banks reducing their price forecasts.
Global benchmark Brent fell below $83 a barrel, falling for a fourth day, while West Texas Intermediate was near $81. The interim agreement is due to be signed by both sides in Switzerland on Friday, although Washington and Tehran have yet to release the text of their memorandum.
Both Morgan Stanley and Goldman Sachs Group Inc. cut price outlooks for the coming quarters, with the latter now assuming Persian Gulf exports will reach pre-war levels by the end of July, a month earlier than previously forecast.
President Donald Trump insisted that the strait would be clear on Friday. “We have a lot of lanes right now already,” he told reporters at the Group of Seven summit in France. “It’s going to be open and it’s toll-free.”
Oil’s drop to the lowest since early March has erased the bulk of the gains seen during the conflict, easing inflationary pressures just as policymakers at the Federal Reserve assess interest rates this week. Still, many questions remain over how the interim pact will be implemented, including concerns over shipping safety, operating rules and whether the chokepoint — which carried about a fifth of oil supply before the war — will actually remain toll-free.
(Bloomberg)
Jun 16, 2026 11:16:42 AM IST
US Iran war LIVE: History of broken commitments, says Araghchi
US Iran war LIVE: Even as US and Iran inch closer to a deal to end months of conflict, Iran foreign minister Abbas Araghchi struck a cautious tone, saying: “We have a history of broken commitments… a history of agreements being torn up. All of this is present in our minds.”
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