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US-Iran War LIVE Updates: Under the terms of the agreement, the United States will issue waivers allowing Iran to resume oil exports.
Iranian Foreign Minister Abbas Araghchi says the Islamabad Memorandum of Understanding with the US is close but not final, amid disputes over leaked terms and sanctions issues. (Image: AFP)
US-Iran War LIVE Updates: US President Donald Trump announced on Thursday that the United States and Iran had signed an agreement aimed at reducing regional tensions and advancing a broader diplomatic process.
The agreement was signed during a dinner hosted by French President Emmanuel Macron at the Palace of Versailles. Speaking to reporters afterwards, Trump confirmed the development, saying, “It’s signed.” Photographs published by Iranian state media also showed Iranian President Masoud Pezeshkian signing the document.
Under the terms of the agreement, the United States will issue waivers allowing Iran to resume oil exports. The deal also lays out measures for reopening the Strait of Hormuz, a vital shipping route for global energy supplies.
The text states that Iran will not pursue the procurement or development of nuclear weapons. It also envisages the creation of a 300 billion dollar reconstruction fund for Iran, to be jointly supported by the United States and its regional partners. The fund is expected to be rolled out in the next phase of negotiations.
The agreement further calls for an end to hostilities across the region, including in Lebanon, where Israeli strikes have continued in recent months.
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Iran War, US Iran War Live Updates: Reconstruction Fund And Regional Ceasefire
The agreement envisages the creation of a 300 billion dollar reconstruction fund for Iran, backed by the United States and its regional partners, to be implemented in the next phase of negotiations. It also seeks to end hostilities across the region, including in Lebanon, where Israeli strikes have continued despite efforts to de-escalate tensions.
Iran War, US Iran War Live Updates: Oil Exports, Hormuz And Nuclear Commitments In Deal
The newly signed US-Iran agreement provides for Washington to issue waivers allowing Iran to resume oil exports. It also outlines provisions for reopening the Strait of Hormuz, a key route for global energy shipments. Under the deal, Tehran has committed not to procure or develop nuclear weapons.
Iran War, US Iran War Live Updates: Peace Agreement Signed
US President Donald Trump on Thursday announced that the United States and Iran had signed an agreement aimed at reducing regional tensions and advancing diplomatic efforts. The deal was signed during a dinner hosted by French President Emmanuel Macron at the Palace of Versailles. Speaking to reporters afterwards, Trump said, “It’s signed.” Images released by Iranian state media also showed Iranian President Masoud Pezeshkian signing the document.
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