Trump Signs Initial Peace Agreement with Iran, White House Says

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Iran-US war latest: White House says Trump has already signed initial peace agreement with Tehran

The US president told the G7 that he would ‘go back to bombing’ if a full agreement was not struck within 60 days

Donald Trump has already signed the initial peace agreement with Tehran, the White House has siad.

The details of the US memorandum of understanding with Iran were earlier released by US officials, as Trump delivered a long-winded speech in which he claimed to have saved the world from “economic catastrophe”.

Details of the 14 point plan, which includes reopening the Strait of Hormuz, ending the wars in Iran and Lebanon, and a $300 bn reconstruction fund for Tehran, had been leaked by several media outlets earlier in the day.

In a speech to the G7, as the details were being revealed, president Donald Trump has said that the world would have been plunged into “economic catastrophe” if he did not strike a peace agreement with Iran.

The US president said that if the war had kept going, then a sharp economic downturn “could have happened” due to the oil price shock created by the closing of the Strait of Hormuz.

“All I know is every time we talked about the possibility of peace, the stock market shot up like a rocket ship. It never went down. They didn’t like it,” he said.

Meanwhile, Israel reportedly struck targets in southern Lebanon again on Wednesday, brushing off warnings from Trump and threatening to derail the US peace process with Iran.

Watch: Trump refers to Obama as 'stupid SOB' in Iran rant

James Reynolds18 June 2026 01:00

Family of British couple in Tehran prison want loved ones freed as part of Trump’s Iran peace deal

The family of a British couple held in Iran are urging Donald Trump to push for a hostage exchange as part of a deal to end the war.

Craig and Lindsay Foreman, from East Sussex, were sentenced to 10 years in Tehran’s Evin prison last year after Iran charged them with espionage during a motorcycle trip around the world. They deny the charges.

The couple have been on hunger strike for 39 and 30 days respectively, fearing “there is no other way to be heard” having effectively been stranded without legal representation, according to the family.

Read the full story:

Family of British couple in Tehran prison want loved ones freed under Iran peace deal

Craig and Lindsay Foreman feel “stranded” after they lost an appeal against a 10-year sentence in Iran

James Reynolds18 June 2026 00:00

Trump thanks Putin and Xi for being 'neutral' during war

Donald Trump on Wednesday thanked China's Xi Jinping and Russia's Vladimir Putin for what he called their neutrality during the war with Iran.

"I just want to thank them because they made it a lot better," Trump said at a press conference on the sidelines of the Group of Seven conference in Evian-les-Bains, France, adding that both leaders had been "neutral."

Alex Croft17 June 2026 23:30

60-day ceasefire period begins today - Tehran

The 60-day ceasefire period between the US and Iran has started today, Iranian foreign ministry spokesperson Esmaeil Baghaei has said.

He provided some extra details on the agreement - here they are:

Further Israeli attacks on Lebanon will be considered a breach of commitment.

The management of the Strait of Hormuz will be the responsibility of Iran and Oman.

Sanctions on Iranian oil should be lifted and Tehran should be able to start selling oil today and for the next 60 days.

The US should not issue any new sanctions nor boost its military presence in the region within this 60 days.

Fees will be received in exchange for services given to ships - there was not more clarity issued on this point.

Iran’s nuclear materials will not be sent outside the country.

Alex Croft17 June 2026 23:26

Trump and Iran sign MOU agreement

Donald Trump on Wednesday signed the memorandum of understanding aimed at ending the war with Iran, a White House official has said.

Iran’s foreign ministry spokesperson Esmaeil Baghaei said the text of the agreement between the United States and Iran has been officially signed by the presidents of both sides, Iran state media reported early on Thursday.

Alex Croft17 June 2026 23:18

Trump's Iran deal sets tone for talks

G7 chiefs on Wednesday welcomed the preliminary agreement between the United States and Iran and said they were ready to help implement it.

They said they would make efforts to diversify energy supply routes to reduce dependence on the Strait of Hormuz, which Iran has blocked for most of the duration of its war with the US.

Trump cautioned today that the memorandum of understanding with Iran was not final, and that he could resume a bombing campaign if it was not honoured.

“If I don't like it, if they don't behave, we'll go right back to dropping bombs right smack in the middle of their head, OK?” he said.

Although European allies appeared supportive of the preliminary memorandum in public, diplomats cautioned that getting a lasting deal on Iran's nuclear and ballistic missile programme as well as its support for proxy forces in the Middle East is no small challenge.

James Reynolds17 June 2026 23:00

Watch: Trump jokes he'll blame Vance if Iran deal doesn't work out

Alex Croft17 June 2026 22:39

Alex Croft17 June 2026 22:21

No talks to establish Israeli military base in Somaliland, defence minister says

There is no Israeli military presence in Somaliland and no talks for Israel to open a base there, Somaliland's Defence Minister Mohamed Yusef Ali told Reuters on Wednesday.

Speaking on the sidelines of a business conference in Tel Aviv, he said Israel was training Somaliland's military and police, but called reports that Israel was in negotiations to establish a military base in Somaliland "rumours".

Israel recognised Somaliland as ​an independent state last December, a move Somalia ​rejected and termed a "deliberate attack" on its sovereignty.

James Reynolds17 June 2026 22:00

Trump says 'nobody' attacked Iran girls' school on purpose

We earlier hears from US president Donald Trump, who gave a rambling speech to the G7 on Wednesday.

He was asked by one reporter about the strike on a girls’ school in February which killed more than 150 people, most of whom were schoolgirls.

“Nobody" purposefully attacked a girls' school in Iran in February, he said, citing an investigation into the incident.

"That's under investigation," Trump said at a press conference on the sidelines of the Group of Seven conference in Evian-les-Bains, France, adding that mistakes are made in war. "Nobody did that on purpose."

Alex Croft17 June 2026 21:41