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US President Donald Trump announced a potential deal with Iran to end the Middle East war, possibly signed on June 14, involving the Strait of Hormuz. Meanwhile, Iranian dissidents express alarm, and Israel vows to maintain its presence in Lebanon.
French President Emmanuel Macron warned Iran against imposing tolls on shipping through the Strait of Hormuz, as a US-Iran deal to end the Middle East war takes effect. A joint France-UK military mission is ready to deploy to help secure the reopened waterway, though risks from potential mines remain. The agreement includes a 60-day negotiation process and the release of $12 billion in frozen assets, according to reports.
Iranian state media reported a ceasefire deal with the US that includes the initial unfreezing of $12 billion in assets, but experts quoted by The Jerusalem Post expressed doubt. President Trump said Iran will receive no money, and a separate report indicates the deal may include sanctions relief and a 60-day negotiation period.
The US Federal Reserve and Bank of England are expected to keep interest rates unchanged this week, as a peace deal between the US and Iran eases inflationary pressures. Meanwhile, UK unemployment fell and wage growth strengthened, while the European Central Bank raised rates last week.
South Korea's presidential office has expressed cautious optimism over a reported U.S.-Iran ceasefire deal, welcoming the agreement while noting uncertainties remain about the immediate reopening of the Strait of Hormuz. The office voiced support for President Trump's efforts but indicated further nuclear negotiations could affect the deal's durability.
The UK government has announced a ban on social media access for children under 16, set to take effect in 2027. The measure follows Australia's model and is part of a global push to protect children online, but has drawn criticism from tech experts and some young users.
The UNESCO-listed Kyiv Pechersk Lavra monastery in the Ukrainian capital suffered serious damage and a large fire after an overnight strike. Ukrainian officials attributed the hit to a Russian drone while Russia’s Defense Ministry blamed a misfired Patriot missile; world leaders condemned the attack as G7 talks began.
On the eve of the G7 summit in Évian, Geneva saw one of its largest demonstrations in years, drawing about 20,000 protesters. The rally, organized by the 'No-G7' coalition, turned violent when masked groups clashed with police, leading to tear gas, water cannons, burning cars, and damaged buildings.
World leaders and regional ministers have welcomed the US-Iran agreement, mediated with significant contributions from Pakistan and Qatar, which includes a permanent ceasefire and reopening of the Strait of Hormuz. The Islamabad Memorandum of Understanding is seen as a diplomatic breakthrough, with praise for Pakistan's instrumental role.
Iran's football team landed in Los Angeles for their World Cup opener against New Zealand, marking the first time a host nation receives a country it is at war with. The arrival coincided with the announcement of a US-Iran peace deal, while protests and security measures highlighted the charged atmosphere.
Hong Kong Chief Executive John Lee Ka-chiu, in an exclusive interview with the South China Morning Post, pledged to push for further reforms and expand into new markets while maintaining ties with traditional partners like the US. He also addressed the city's economic rebound and deflected questions about seeking a second term.
Gaza's Health Ministry reports the Palestinian death toll from the Israel-Hamas war has surpassed 73,000, with nearly 1,000 killed since the ceasefire began. The truce remains fragile as Israeli operations continue and Hamas refuses to disarm.
Brent crude has fallen to its lowest levels since early March as a US-Iran peace deal appears imminent, raising hopes for the reopening of the Strait of Hormuz. While markets react positively, experts caution that a swift return to normalcy is uncertain and could take months.
The US and Iran have announced a tentative peace agreement, with the reopening of the Strait of Hormuz expected after the deal is signed on Friday. While some lawmakers welcome the move, others express concerns over the lack of details and the need for strict oversight.
A petition published by The Lancet, backed by health advocacy groups, calls for suspending the Israeli Medical Association from the World Medical Association over its alleged silence on Gaza. The WMA, which counts the IMA as a founding member, opposes such exclusion based on government actions. The IMA dismisses the petition as politicized and has prepared a counter-petition.
Reports indicate the US and Iran have agreed on a memorandum of understanding, an interim measure that extends the ceasefire for 60 days and includes a two-step peace process. Analysts describe the agreement as an outline for negotiations rather than a comprehensive settlement, with challenges ahead including the nuclear file and regional tensions.
Diplomatic talks between the United States and Iran have produced a framework agreement including oil export waivers and asset releases, even as Israeli military operations in Lebanon and exchanges of fire with Iran threaten the process. Israeli leaders have rejected any requirement to withdraw from southern Lebanon, drawing public criticism from President Trump. Multiple outlets report the conflict has entered its fourth month with ceasefire arrangements under severe strain.
Russian officials have expressed appreciation for US negotiators Steve Witkoff and Jared Kushner, with expectations high for a new Moscow visit. The visit's timing depends on the upcoming US-Iran memorandum, which was discussed in a Putin-Trump phone call.
Violence erupted in Geneva on the eve of the G7 summit as protesters clashed with police, who fired tear gas and used water cannons. Demonstrators set a Tesla on fire and smashed windows at a UN agency. The summit, set to begin Monday in Évian-les-Bains, France, is expected to focus on conflicts in the Middle East and Ukraine.
US President Donald Trump has called on Israel and Hezbollah to cease hostilities, warning Iran against further attacks and expressing confidence in reaching a deal with Tehran. He also said Washington recently held first-time contacts with Hezbollah, while Israeli Prime Minister Netanyahu vowed to respond to any Hezbollah attacks.