The US and Iran signed the Islamabad Memorandum of Understanding, extending a ceasefire and opening 60 days of technical talks on nuclear issues, sanctions relief and the Strait of Hormuz. The deal also envisions a broader reconstruction fund and includes Lebanon in the ceasefire terms.
Oil prices dropped sharply after a report that the US and Iran reached an agreement on extending a ceasefire by 60 days, pending approval from President Donald Trump. The development follows recent US strikes on Iranian targets despite an existing ceasefire aimed at ending the three-month conflict that has closed the Strait of Hormuz.
A potential US-Iran diplomatic breakthrough could lead to sanctions relief for Iran, benefiting China as the primary buyer of Iranian oil. Analysts suggest this deal would require Iran to relinquish nuclear leverage and reopen the Strait, with China expected to resume oil imports if restrictions are lifted.
US Secretary of State Marco Rubio stated that US and Iranian negotiators have a "solid thing on the table" that could lead to a deal to end the war between the two countries, potentially by Monday. The reported deal includes a 60-day ceasefire extension and reopening the Strait of Hormuz.
The US and Iran are reportedly close to a 60-day ceasefire agreement that would reopen the Strait of Hormuz, allow Iran to resume oil exports, and include talks on curbing its nuclear program, according to Axios.
US President Trump is considering a deal with Iran for a 60-day ceasefire and nuclear talks, with a decision expected Sunday. The proposed agreement includes easing sanctions and reopening the Strait of Hormuz, but significant disagreements remain on Iran's nuclear program.
Russia's special envoy Kirill Dmitriev stated that a 60-day ceasefire extension between the US and Iran could be an opportunity to avoid further escalation and prevent a "catastrophic, irreversible collapse."
Mediators are reportedly working on a 60-day ceasefire extension between the US and Iran, including phased sanctions relief for Tehran and gradual reopening of the Strait of Hormuz. Talks aim to prevent renewed military confrontation and address Iran's nuclear program.
Donald Trump is considering renewed strikes on Iran, with a "solid 50/50" chance of a deal or military action. Diplomatic efforts, including talks with Pakistan and Qatar, aim to extend the current ceasefire and negotiate a truce, while Iran warns of a "crushing" response if talks fail.
The US and Iran are reportedly close to a 60-day ceasefire extension, according to the Financial Times. The deal may involve discussions on Tehran's nuclear program, gradual opening of the Strait of Hormuz, and destruction of enriched uranium, with Washington potentially easing sanctions and unfreezing assets.
At least 22 people were killed in Israeli attacks on Lebanon in the past 24 hours, bringing the total death toll since March 2 to 3,042. Residents of 12 southern towns received forced displacement threats.
Despite a US-backed ceasefire extension, Israeli attacks killed at least seven people in Lebanon on Monday, including a Palestinian Islamic Jihad leader and his daughter. The violence continues despite ongoing diplomatic efforts.
At least seven people, including a Palestinian Islamic Jihad leader and his daughter, were killed in Israeli attacks across Lebanon on Monday, despite a US-backed ceasefire extension. The hostilities continue despite recent diplomatic efforts to de-escalate the conflict.
At least five people were killed and over a dozen injured in Israeli air attacks on southern and eastern Lebanon on Sunday, despite a ceasefire extension agreement with Hezbollah. The attacks targeted several municipalities, with separate strikes also reported. The conflict has caused significant humanitarian and economic damage.
Israel and Lebanon have agreed to a 45-day extension of a ceasefire following two days of negotiations in Washington DC. The US State Department announced the agreement, aiming for lasting peace and security along their shared border. The truce, initially announced April 16, has seen continued exchanges of fire.
The Strait of Hormuz remains effectively closed as both Iran and the US maintain blockades, with indirect negotiations stalled despite a ceasefire in place. The US demands focus on Iran's nuclear programme, missiles, and regional proxies, while Iran offers temporary enrichment limits in exchange for sanctions relief. India, holding the BRICS presidency, is positioned to mediate alongside China to pressure both sides to reopen the critical global energy artery.
Presidents Putin and Trump held a 1.5-hour call discussing the Middle East war and Ukraine. Putin backed Trump's Iran ceasefire extension, viewing it as a stabilizing move. He also proposed a temporary ceasefire in Ukraine for Victory Day, aiming to advance peace negotiations.
Presidents Putin and Trump held a 1.5-hour call discussing the Middle East war and Ukraine. Putin backed Trump's Iran ceasefire extension, viewing it as a stabilizing move. He also proposed a temporary ceasefire in Ukraine for Victory Day, aiming to advance peace negotiations.
Israeli Prime Minister Benjamin Netanyahu ordered military to vigorously attack Hezbollah targets in Lebanon two days after a ceasefire was extended by three weeks. At least six people were killed in Israeli strikes on southern Lebanon on Saturday, including four in Yohmor al-Shaqeef and two in Safad al-Battikh. The IDF claimed to have eliminated multiple Hezbollah members, while Hezbollah responded with retaliatory attacks. Israel continues to occupy much of southern Lebanon despite the truce agreement.
Israel's UN ambassador Danny Danon describes the newly extended Lebanon ceasefire as "not 100%" amid reported violations by Israeli forces. The 10-day ceasefire announced by Trump last week was extended by three weeks on Thursday. RT's Beirut correspondent Steve Sweeney reports Israeli forces have used the lull to occupy southern Lebanon and impose a "yellow zone" covering around 55 towns where residents are barred from returning, with troops reportedly ordered to open fire on anyone entering.
Israel struck Hezbollah sites in Lebanon following rocket fire, despite a newly announced three-week ceasefire extension. Meanwhile, U.S.-Iran tensions persist as Trump maintains a naval blockade and warns against mining in the Strait of Hormuz.
South Korean stocks opened higher Friday, with the KOSPI rising 0.31 percent to 6,496.10, bucking overnight Wall Street losses. The rally was driven by the US announcing a three-week ceasefire extension for Iran and Lebanon, with President Trump ordering the US Navy to target vessels laying mines in the strait.
Trump announced a three-week extension to the Israel-Lebanon ceasefire, calling the meeting with Israeli and Lebanese ambassadors 'very historic' and saying it went 'very well.' The ceasefire, which took effect on April 16 and was originally set for 10 days, is expected to ease tensions related to Washington's truce with Tehran, which was also extended this week.
President Trump announced Thursday that Israel and Lebanon have agreed to extend their ceasefire for three weeks following White House talks, continuing the fragile truce between Israel and Hezbollah. The announcement comes amid escalating US-Iran tensions, with the US seizing an Iranian oil tanker in the Indian Ocean and Trump ordering Navy forces to shoot at Iranian boats laying mines. Iran dismissed the ceasefire extension as meaningless, citing the US naval blockade as a violation. Meanwhile, Pentagon turmoil continued with Navy Secretary John Phelan's dismissal.
