The first U.S.-Iran talks under a preliminary peace agreement were postponed after JD Vance canceled a trip to Switzerland and Israel intensified strikes in southern Lebanon. The delay raised doubts about a 60-day negotiation process meant to end the war and reopen the Strait of Hormuz.
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U.S. officials say Washington and Tehran have digitally signed a memorandum to extend a ceasefire, reopen the Strait of Hormuz and begin nuclear negotiations. The deal’s effect on Lebanon remains uncertain as Israel says it is not bound by the agreement.
Trump said a U.S.-Iran deal is scheduled to be signed Sunday and would reopen the Strait of Hormuz, but Iran said the memorandum would not be signed that day. Pakistan, a key mediator, said finalization could come within 24 hours.
Trump said a settlement to end the Iran war had been reached, but Iranian officials said Tehran had not made a final decision. A proposed memorandum reportedly includes a 60-day ceasefire extension, reopening the Strait of Hormuz and further nuclear talks.
Trump accused Iran of shooting down a U.S. Army Apache helicopter near the Strait of Hormuz and said the United States “must” respond. Two crew members were rescued unharmed by an American sea drone, while U.S. Central Command said the crash remains under investigation.
Israeli forces have captured the strategic Beaufort Castle in southern Lebanon, marking their deepest incursion in 26 years amid ongoing conflict with Hezbollah. The move escalates tensions despite a nominal ceasefire and complicates U.S.-Iran peace efforts.
Oil prices fell sharply after Iran declared the Strait of Hormuz open amid a Middle East ceasefire, easing fears of supply disruptions. The announcement boosted global stock markets and lowered U.S. gasoline prices, though uncertainties remain about shipping security and ongoing U.S.-Iran tensions.