Key facts
- The US and Iran are reportedly close to an agreement to end their conflict, with Pakistan confirming a final text has been reached.
- Key terms of the potential deal include nuclear material removal, sanctions relief, and the opening of the Strait of Hormuz.
- Pakistan's Prime Minister expects the agreement to be finalized within 24 hours, with electronic signing to follow.
- Switzerland has offered to host the signing ceremony for the potential US-Iran agreement.
- Iran claims victory in the conflict, with further negotiations on its nuclear program to follow.
- Israel has expressed significant concern over the impending agreement, fearing it will not meet its strategic objectives.
- The funeral for Iran's late Supreme Leader Ali Khamenei is scheduled to begin in July.
The United States and Iran are reportedly on the verge of an agreement to end their conflict, with Pakistan's Prime Minister Shehbaz Sharif indicating that finalization is expected within 24 hours. This potential deal, which has a confirmed final text, includes terms such as the removal of nuclear material, sanctions relief for Iran, and the opening of the Strait of Hormuz. Negotiations regarding Iran's nuclear program are slated to be finalized within 60 days.
Switzerland has offered to host the signing ceremony for the memorandum of understanding. Iran has claimed victory in the conflict as the peace deal nears. Meanwhile, President Donald Trump has reportedly directed that sanctions on Iran be eased if Tehran adheres to the agreement, though he has also dismissed leaked terms that he believes favor Iran.
Despite the progress, Israel has expressed significant concern, fearing the agreement will not achieve its strategic goals. The Israeli military has also issued further forced displacement orders for residents in southern Lebanese towns and villages, following earlier orders for 20 towns. Reports indicate that at least four people were killed in an Israeli air raid in southern Lebanon, and casualty figures from Gaza continue to rise.
The funeral for Iran's late Supreme Leader Ali Khamenei is scheduled to begin in July, with ceremonies planned in Tehran, Qom, and Mashhad.