Shipping in Strait of Hormuz restored to 55 percent capacity
55 ships crossed the Strait in the past 24 hours, 17 mln tons of oil exported from the Persian Gulf
55 ships crossed the Strait in the past 24 hours, 17 mln tons of oil exported from the Persian Gulf
Pakistani diplomats noted that representatives from Qatar will also serve as mediators in the talks
U.S. envoy Steve Witkoff is on his way to Switzerland for the first round of U.S.-Iran nuclear talks, according to an Axios report citing a U.S. official on Saturday.
The United States is working with Qatar on a plan that would give Iran access to $6 billion in frozen assets for humanitarian purchases, the Wall Street Journal reported, citing people familiar with the matter.
U.S. intelligence agencies have warned President Donald Trump that Israeli Prime Minister Benjamin Netanyahu is likely to take steps that will undermine his effort to reach a lasting peace deal with Iran, The Washington Post reported, citing U.S. officials.
Pakistan’s Prime Minister Shehbaz Sharif on Thursday signed the Islamabad Memorandum of Understanding agreed to by the U.S. and Iran to end the war.
Moscow has welcomed the agreement between Washington and Tehran aimed at resolving their military conflict, the Russian Foreign Ministry reported.
The United States and Iran will hold preliminary talks on the implementation of the agreement in Switzerland’s Burgenstock on June 19, Reuters reported, citing the Swiss Foreign Ministry.
The memorandum of understanding signed by the presidents of the U.S. and Iran has entered into force, and Islamabad, acting as a mediator, has approved it, Pakistani Prime Minister Shehbaz Sharif said.
U.S. President Donald Trump and Iranian President Masoud Pezeshkian have signed a Memorandum of Understanding to end the war between the two countries.
The damage Iran has sustained in the conflict is estimated at $1.5-2 trillion, U.S. President Donald Trump said at a press conference following a G7 summit in Evian-les-Bains, France.
The memorandum of understanding between the United States and Iran has been signed by U.S. President Donald Trump, the White House press pool said.
Russian Foreign Minister Sergey Lavrov and Iranian Foreign Minister Seyed Abbas Araghchi discussed the Iran-U.S. memorandum of understanding, alongside several regional and bilateral issues during a phone conversation.
The U.S. administration is discussing measures to resume oil tanker traffic through the Strait of Hormuz, including the possibility of introducing paid transit for vessels protected by American ships, Politico reported, citing sources.
The U.S. Senate voted to block a war powers resolution directing U.S. President Donald Trump to end military hostilities against Iran, the 9th such vote this year and the first since a U.S.-Iran framework deal was announced.
Israel fears Iran will use the reported 60-day nuclear negotiation period with the United States as part of the emerging memorandum of understanding to advance its nuclear program and make progress towards developing a nuclear weapon, Channel 12 reports, citing senior Israeli officials.
A $300 billion private fund designed to trigger investment into Iran is outlined in the U.S.-Iran framework agreement and more than half that sum has already been committed, Reuters reported.
The United States will allow Iran to immediately begin selling oil and fuel under the deal to end the war, The Wall Street Journal reported.
However, Trump did not say when Congress will be able to review the agreement
The Swiss Foreign Ministry announced preparations for the Iranian-American talks scheduled for this Friday