The US and Iran have reportedly agreed on a peace deal to end their war, with the Strait of Hormuz to be opened and US naval blockade lifted. The deal, to be signed June 19 in Switzerland, includes lifting sanctions and releasing frozen assets. Oil prices dropped significantly on the news.
Donald Trump defended ongoing negotiations with Iran, emphasizing a desire for a "good and proper" deal that avoids mistakes and ensures Iran cannot develop nuclear weapons. He addressed concerns from Republicans like Mike Pompeo and Ted Cruz, as well as Israeli Prime Minister Benjamin Netanyahu, who also spoke with Trump about the potential agreement.
Donald Trump stated on Truth Social that "time is on our side" in negotiations with Iran to end the ongoing conflict, emphasizing the need to "get it right" and avoid mistakes. The US naval blockade will remain until an agreement is certified and signed. The deal reportedly aims to open the Strait of Hormuz, end hostilities, unfreeze assets, and curb Iran's nuclear program.
The U.S. Navy guided missile destroyer USS Spruance intercepted and disabled the Iranian-flagged cargo ship Touska in the Gulf of Oman on Sunday after a six-hour standoff with repeated warnings. President Trump announced that U.S. Marines have custody of the vessel, which was under U.S. Treasury sanctions for prior illegal activity. The seizure escalates a U.S. naval blockade of ships entering and exiting Iranian ports, which Iran views as a breach of the ceasefire. The incident comes after Iran fired upon commercial vessels in the Strait of Hormuz earlier Sunday, and as U.S. envoys prepared for peace talks that Iran has rebuffed.
U.S. Navy fired on and seized the Iranian-flagged cargo ship TOUSKA in the Gulf of Oman after it refused to stop during a naval blockade. President Trump announced on Truth Social that the vessel was intercepted by USS Spruance and U.S. Marines now have custody. The seizure escalates tensions after Iran fired on commercial vessels attempting to transit the Strait of Hormuz earlier on Sunday. Trump warned he would "knock out every single Power Plant, and every single Bridge, in Iran" if negotiations fail.
