US-Iran War News Live Updates: Trump, Pezeshkian sign US-Iran MoU to end war, US official says
Prime Minister Narendra Modi and US President Donald Trump hold a bilateral meeting on the sidelines of the G7 Summit 2026, in Evian on Wednesday. (ANI Photo)
US-Iran War News Live Updates: US President Donald Trump said the memorandum of understanding with Iran is not a final agreement and warned that military action could resume if Tehran fails to comply. Meanwhile, G7 leaders reaffirmed that unrestricted transit through the Strait of Hormuz is essential for global trade.
A peak into the agreement: According to leaked copies of an interim deal that officials say broadly match the document, Iran would take immediate steps to reopen the Strait of Hormuz after the signing of a tentative agreement with the United States to end the war. The reported agreement, expected to be signed in Switzerland on Friday, would also allow Iran to resume unrestricted oil sales. The draft reportedly includes a plan for at least $300 billion in support for Iran’s post-war reconstruction and says Washington would work towards ending US and UN sanctions if a final deal on Tehran’s nuclear programme is reached.
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Iran drone attacks: Iran has reportedly launched several drones at commercial vessels in the Strait of Hormuz every night since the Washington-Tehran agreement was signed on Sunday, NBC News reported. The US military has been intercepting and downing the drones fired by Iran’s Islamic Revolutionary Guard Corps (IRGC), before they can threaten commercial vessels or personnel operating in and around Hormuz, NBC cited a US official as saying. Washington and Tehran are set to formally sign the framework on Friday.
Signing set for Friday in Switzerland: Trump and Iran declared they had reached an initial agreement intended to end more than three months of war and reopen the Strait of Hormuz, with a formal signing ceremony scheduled for Friday, 19 June, in Switzerland. Final negotiations will have a 60-day window focusing on nuclear weapons development, remaining sanctions, and UN Security Council and IAEA resolutions regarding Iran.
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