Trump claims deal to end Iran war near as Tehran says 'nothing' finalised
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- Trump announced in the Oval Office that the United States had cancelled planned strikes on Iran and claimed a "great settlement" to end the war, promising a swift signing.
- Iran's foreign ministry spokesperson Esmail Baghaei called the reports "speculative" and said "nothing has been finalised", warning that U.S. demands were excessive and Iran would not abandon its red lines.
- Brent crude prices fell about 4.4% to $89 a barrel after Trump's announcement, reflecting a market reaction to the claimed deal.
- Israel's prime minister's office confirmed a conversation with Trump but said Israel is not a party to the memorandum, while Netanyahu praised the proposed terms on enriched material removal and missile limits.
- US Central Command reported completing a wave of strikes on southern Iran targeting military, surveillance, and radar sites, following a recent U.S. Apache helicopter crash in the Gulf.
- Iran's Islamic Revolutionary Guard Corps launched retaliatory strikes against U.S. bases in Bahrain, Kuwait and Jordan, injuring an 11‑year‑old girl in Bahrain and prompting Jordan and Kuwait to claim missile interceptions.
- India summoned a senior U.S. diplomat after three Indian sailors were killed in a U.S. strike on a ship in the Gulf of Oman, accusing the U.S. of violating the blockade of Iranian ports.
Why it matters: The announcement drove Brent crude down 4.4% to $89 a barrel, benefiting consumers but hurting Iran’s oil revenue, while Tehran’s rejection underscores that the conflict remains unresolved despite Trump’s political narrative of a swift peace. The continued strikes and threats also risk further escalation, keeping regional allies and global markets on edge.
