US-Iran War News Live Updates: US, Iran nearing peace deal around G7 meeting, says report
Farmers spray water in a burned agricultural field next to a projectile near the town of Najha, Syria on June 8, 2026, after debris from Iranian missile launches during the Iran-Israel conflict fell in the area. (AP Photo)
US-Israel-Iran War LIVE: The US and Iran are edging closer to inking a deal to reopen the Strait of Hormuz as the Group of Seven or G7 world leaders are set to meet next week, Bloomberg reported, citing senior officials.
The development comes hours after US President Donald Trump said he has cancelled planned military strikes on Iran for a third straight day, claiming that a deal with Tehran is close to being finalised. However, Iran has not confirmed any agreement, even as fighting and tensions continue across the region, according to reports by Fox News.
Officials in Iran said a proposal for a memorandum of understanding with Washington is under review by top leadership, but stressed that any timeline for a deal remains uncertain.
India summons US diplomat over MT Jalveer vessel attack
India summoned the US deputy chief of mission in Delhi on Friday to protest against US military strikes on commercial vessels off the coast of Oman, the second time in three days. New Delhi has expressed its displeasure. Three Indian seafarers were killed in a US strike on the Settebello tanker off Oman on Wednesday, while 20 crew members were rescued after a strike on another vessel, Jalveer, on Thursday.
Latest developments:
- Trump signals deal, but uncertainty remains: Trump told reporters that a “time and place” for signing an agreement with Iran would be announced soon, suggesting diplomacy may be back on track. His comments come after days of escalating conflict, including US strikes on Iranian targets and retaliation by Tehran.
- Escalation followed by pause in strikes: The apparent shift towards talks follows a sharp rise in hostilities. The US and Iran exchanged attacks over two days, including strikes on military assets across the Middle East. Trump had earlier warned that Iran would be hit “very hard” and even threatened to seize Kharg Island, a key hub for Iran’s oil exports.
- Iran reviewing proposal: Tehran confirmed it is considering a US proposal, but no agreement has been finalised yet.
- Regional attacks continue: Iran’s Revolutionary Guard said it targeted US assets in Bahrain, Kuwait, and Jordan in retaliation for earlier strikes.
- Strait of Hormuz dispute: Iran claimed it has closed the strategic waterway, though US Central Command said it remains open.
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