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The Latest Breaking News from Iran

Iran pledges no nuclear weapons as US commits $300bn, leaked deal draft shows

The full US-Iran framework deal to end the war, as circulated during the G7 summit, would see Iran abandon its pursuit of a nuclear weapon in exchange for financial incentives to comply with the agreement.

Euronews

Trump Orders Emergency Expansion of Weapons Production as Iran War Drains U.S. Stockpiles, Even as He Says Peace Deal Is Nearly Complete

President Donald Trump has invoked the Defense Production Act to accelerate weapons manufacturing across the United States, a move that underscores growing concerns inside the Pentagon about depleted missile stockpiles and fragile defense supply chains after months of conflict with Iran.

Latin Times

Leaked Trump-Iran Deal Exposes Secret $300B Payout and 'Strait of Hormuz' Concession, Shattering 'Surrender' Promise

A leaked framework of Donald Trump's Iran deal suggests Tehran could gain a formal role in managing the Strait of Hormuz, sweeping sanctions relief and access to a $300 billion reconstruction fund.

International Business Times UK

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Bank set to hold interest rates after steady inflation and Iran peace deal

New inflation data has reinforced expectations that policymakers will not need to increase interest rates at the next announcement on Thursday.

Evening Standard

Trump urged to include imprisoned British couple in Iran peace deal

IN FULL

The Independent UK

Trump Threatens To Go Back To 'Dropping Bombs' On Iran If He Doesn't Like Final Iran Deal

President Donald Trump threatened to resume the war in Iran if he doesn't like the agreement with the country.

International Business Times

Iran will reopen the Strait of Hormuz and can sell oil freely under deal with the US, officials say

Iran will immediately take steps to reopen the Strait of Hormuz once a tentative deal with the U.S. to end the war is signed and will be allowed to sell its oil without restrictions

AAP

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Wall Street steadies and oil trades below $80 with focus on end to Iran conflict

Wall Street pointed toward modest gains in premarket trading and oil was trading below $80 a barrel on optimism that Iran will quickly open the Strait of Hormuz once a tentative deal with the U.S. to end the war is signed on Friday

AAP

Pentagon admits using Elon Musk’s chatbot to launch strikes on Iran

IN FULL

The Independent UK

Iran deal includes $300 billion fund, more than half of which already committed, source says

A significant $300 billion private investment fund is part of a U.S.-Iran framework agreement. More than half of this amount is already committed by international companies. This fund aims to boost investment in Iran's energy, logistics, and manufacturing sectors. The fund's creation is contingent on a final deal being signed.

The Economic Times

Donald Trump and Benjamin Netanyahu have different war aims – can the Iran peace deal survive?

The clock is ticking on the Iran peace deal. A memorandum of understanding between Iran and the US is due to be signed in Geneva on June 19, allowing for a 60-day ceasefire extension and the opening of the strategically vital waterway, the Strait of Hormuz. But key questions remain…

The Conversation

Trump threatens 'dropping bombs' if Iran doesn't 'behave'

US President Donald Trump has issued a stern warning to Iran. He stated that military action would resume if Iran fails to adhere to its obligations. This comes just days before a crucial accord is set to be signed. Trump indicated that the agreement is not final and that the…

The Economic Times

US-Iran signing ceremony imminent: Roadmap details sanctions relief, 60-day nuclear negotiation window

A proposed US-Iran peace pact involves reopening the Strait of Hormuz, ending the blockade, and pausing nuclear enrichment for 60 days. US leaders state that economic benefits remain strictly dependent on verifiable changes in Iran's behaviour, a conditional framework that has gained formal backing from G7 heads of state.

The Economic Times

First Thing: Trump backs G7 statement on Iran deal as domestic criticism grows

Republicans question details of deal set to be signed later in the week as European leaders seek to join talks. Plus: can we refreeze the Arctic?

The Guardian - UK

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The Independent UK

Read Trump’s 14 point Iran peace deal in full after US announces signing of agreement

Trump has said he will resume bombing after 60 days if talks on Iran’s nuclear programme do not progress

The Independent UK

G7 leaders back Trump's plan to end Iran war that faces skepticism at home

Leaders at the Group of Seven summit have backed U.S. President Donald Trump's tentative agreement with Iran to open the Strait of Hormuz and extend a ceasefire

International Business Times

G7 Leaders Welcome U.S.-Iran Deal: 'Historic Opportunity'

G7 leaders welcomed the deal between the U.S. and Iran, calling it a "historic opportunity to prevent Iran from acquiring any nuclear weapon."

The Economic Times

'I'm the boss,' Trump says at G7, as he warms to Ukraine's war aims

Global leaders at the G7 summit in France have united to support Ukraine with fresh sanctions against Russia. President Trump declared 'I'm the boss' as discussions focused on Ukraine's improved battlefield performance. Leaders also addressed economic security, supply chains for critical minerals, and global trade imbalances, particularly concerning China's dominance.…

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Salon

UFC fight can't hide MAGA men's weakness

Calling Michelle Obama a “man” won't make up for losing the Iran war

The Times of India

What is in the 14 point interim US-Iran peace deal? Read full text

Leaked details of a tentative US-Iran agreement suggest Tehran would immediately move to reopen the Strait of Hormuz once a ceasefire deal is signed, alongside the ability to resume unrestricted oil exports. The interim accord, expected to be formally signed in Switzerland on Friday, reportedly includes US backing for at…

Euronews

‘We have always been friends’: Trump and Meloni make amends at G7

Trump and Meloni made amends at the G7 in Evian, joking about their recent spat over the Iran war. "We have always been friends," Meloni said.

The Economic Times

Benjamin Netanyahu, Israel's arch-survivor, set to face voter fury over Iran deal

Benjamin Netanyahu's grip on power is weakening. Facing corruption charges and criticism over security lapses, he now confronts voters' judgment on his handling of recent conflicts and Israel's U.S. alliance. Despite opinion polls suggesting a loss, Netanyahu's political resilience remains a factor. His legacy is increasingly debated as the region's…

AAP

Iran will reopen Strait of Hormuz and can sell oil freely under deal with US, according to leaks

Iran will immediately take steps to reopen the Strait of Hormuz once a tentative deal with the U.S. to end the war is signed and will be allowed to sell its oil without restrictions

The Economic Times

Japan's Nikkei closes at record high near 70,000 on AI boost

Japan's Nikkei share index hit a new record high for the third day running on Wednesday. The index closed just below the 70,000 mark. Easing Middle East conflict worries and strong buying in AI stocks boosted the market. Investors are also awaiting the US Federal Reserve's policy decision. Oil prices…

The Economic Times

Global Markets| European shares flat as investors await Iran deal details, Fed policy; BMW slides

European markets held firm today, with investors keenly awaiting developments regarding potential peace talks between the U.S. and Iran, alongside insights into the Federal Reserve's monetary policy. While automotive shares took a hit after BMW issued a profit warning, gains in the tech and defense sectors offered some cushion to…

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