Latest update on Iran US war: US President Donald TrumpUS-Iran war LIVE: US Vice President JD Vance told Fox News on Monday that President Donald Trump may decide to release Washington's agreement with Tehran before Friday. The agreement, which was electronically signed by leaders in the US and Iran, is expected to be signed in person on Friday. Trump has dismissed reports that Washington would provide USD 300 million to Tehran under the newly announced peace agreement as "fake news."In a post on Truth Social, Trump reiterated his administration's position that the agreement with Iran would ensure that Tehran does not develop nuclear weapons. "Iran has agreed to never have a Nuclear Weapon! Also, the story that the US is paying Iran 300 million Dollars is Fake News, put out by the Dumocrats!!!" Trump wrote. Trump says MoU signed Trump said on Monday a preliminary agreement to end the war in the Gulf has been signed by the US and Iran, though details have yet to be made public and both countries said a permanent truce is yet to be negotiated. The agreement would extend a tenuous ceasefire announced in April by another 60 days and reopen the Strait of Hormuz, which Iran has effectively blocked since the U.S. and Israel attacked Iran in February. "The deal's all signed," Trump said after he arrived in France for a summit of the G7 group of big economies. He said Vice President JD Vance would attend a formal signing ceremony in Geneva on Friday. Strait of Hormuz ‘reopened’ Trump a;so said Monday that ships were again moving through the Strait of Hormuz and the vital oil route would be "completely open" by Friday, after Washington and Tehran announced a deal to end the Middle East war. The reopening of one of the key oil passage marks a major step toward ending months of deadly conflict and economic turmoil triggered by US-Israeli strikes on Iran on February 28. "Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz," Trump said, adding later that he did not "think we will need much help" keeping the waterway open. Iranian media reported on Monday evening that three oil tankers and two cargo ships carrying goods had passed through the area that had been subject to a US naval blockade. Iran hails MoU Iranian President Masoud Pezeshkian has described the memorandum of understanding (MoU) between Iran and the United States as the outcome of months of negotiations and sustained diplomatic efforts, saying that its successful implementation could become a source of national pride. In a post on X, Pezeshkian praised officials and institutions involved in the negotiations that culminated in the agreement, which is expected to be formally signed later this week. "The memorandum of understanding that has been drafted is the result of months of dialogue and persistent follow-ups in this regard, and if all its provisions are properly implemented, it can be considered a document of pride for the country," Pezeshkian wrote. "I deem it necessary to thank my brothers, Dr Qalibaf, Araghchi, the members of the Shura Council, and all those who played a role in this path," he added. ...Read MoreIn a post on Truth Social, Trump reiterated his administration's position that the agreement with Iran would ensure that Tehran does not develop nuclear weapons. "Iran has agreed to never have a Nuclear Weapon! Also, the story that the US is paying Iran 300 million Dollars is Fake News, put out by the Dumocrats!!!" Trump wrote. Trump says MoU signed Trump said on Monday a preliminary agreement to end the war in the Gulf has been signed by the US and Iran, though details have yet to be made public and both countries said a permanent truce is yet to be negotiated. The agreement would extend a tenuous ceasefire announced in April by another 60 days and reopen the Strait of Hormuz, which Iran has effectively blocked since the U.S. and Israel attacked Iran in February. "The deal's all signed," Trump said after he arrived in France for a summit of the G7 group of big economies. He said Vice President JD Vance would attend a formal signing ceremony in Geneva on Friday. Strait of Hormuz ‘reopened’ Trump a;so said Monday that ships were again moving through the Strait of Hormuz and the vital oil route would be "completely open" by Friday, after Washington and Tehran announced a deal to end the Middle East war. The reopening of one of the key oil passage marks a major step toward ending months of deadly conflict and economic turmoil triggered by US-Israeli strikes on Iran on February 28. "Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz," Trump said, adding later that he did not "think we will need much help" keeping the waterway open. Iranian media reported on Monday evening that three oil tankers and two cargo ships carrying goods had passed through the area that had been subject to a US naval blockade. Iran hails MoU Iranian President Masoud Pezeshkian has described the memorandum of understanding (MoU) between Iran and the United States as the outcome of months of negotiations and sustained diplomatic efforts, saying that its successful implementation could become a source of national pride. In a post on X, Pezeshkian praised officials and institutions involved in the negotiations that culminated in the agreement, which is expected to be formally signed later this week. "The memorandum of understanding that has been drafted is the result of months of dialogue and persistent follow-ups in this regard, and if all its provisions are properly implemented, it can be considered a document of pride for the country," Pezeshkian wrote. "I deem it necessary to thank my brothers, Dr Qalibaf, Araghchi, the members of the Shura Council, and all those who played a role in this path," he added. Follow all the updates here:Jun 16, 2026 7:58:29 AM ISTUS-Iran war LIVE: Republicans on Capitol Hill said Monday they need more information about the agreement between the United States and Iran announced by President Donald Trump, and some are expressing skepticism as they ask the White House for details.The agreement announced Sunday to end the war in Iran, set for a ceremonial signing Friday in Geneva, is centered around reopening the Strait of Hormuz and lifting the United States’ naval blockade in the region, along with financial incentives for Iran if it meets certain benchmarks. But Senate Republicans and Democrats who returned to Washington on Monday said there were still many unanswered questions about the deal and they need thorough briefings before it is finalized.“I just don’t know enough about it,” Senate Majority Leader John Thune, R-S.D., told reporters in the Capitol. “Even the people who follow this stuff closely up here don’t know that much about it.”Congressional leaders and intelligence committees generally receive higher-level intelligence briefings before rank-and-file members, and they are notified of major developments before they are announced. But Thune said he had not been personally briefed on the deal.“I think that my understanding of what it entails — and, again, not having seen anything — it would require, I think the issues are going to be compliance, and how are you going to enforce that,” Thune said.Thune’s concerns were echoed by several other GOP senators.“If it’s a secret deal then how can I take it seriously?” asked Republican Sen. Thom Tillis of North Carolina.Vice President JD Vance told ABC News on Monday that the White House would release the text this week, “and what everybody will see is that Iran doesn’t get a dime of money unless they perform their obligations.”via APJun 16, 2026 7:54:41 AM ISTUS-Iran war LIVE: The United States said Monday that ships will move toll-free through the Strait of Hormuz under an Iran peace deal signed by President Donald Trump, and insisted Tehran would have to fulfill its commitments before getting any economic benefits.They included a possible $300 billion reconstruction fund for the war-battered country, but the release of funds will be "tied to performance," a senior Trump administration official said in a call with reporters.Trump, US Vice President JD Vance and Iranian parliament speaker Mohammad Bagher Ghalibaf electronically signed the so-called memorandum of understanding (MoU) Sunday, the officials said."The president wanted to sign it personally because he wanted to show his dedication to the process," one of the US officials said on condition of anonymity.But Vance admitted the brief outline deal kicks the thorniest issues -- especially Iran's nuclear program -- down the road.via AFPJun 16, 2026 7:38:24 AM ISTUS-Iran war LIVE: US President Donald Trump has dismissed reports that Washington would provide USD 300 million to Tehran under the newly announced peace agreement as "fake news."In a post on Truth Social, Trump reiterated his administration's position that the agreement with Iran would ensure that Tehran does not develop nuclear weapons."Iran has agreed to never have a Nuclear Weapon! Also, the story that the US is paying Iran 300 million Dollars is Fake News, put out by the Dumocrats!!!" Trump wrote.Jun 16, 2026 7:36:39 AM ISTUS-Iran war LIVE: Iranian President Masoud Pezeshkian has described the memorandum of understanding (MoU) between Iran and the United States as the outcome of months of negotiations and sustained diplomatic efforts, saying that its successful implementation could become a source of national pride."The memorandum of understanding that has been drafted is the result of months of dialogue and persistent follow-ups in this regard, and if all its provisions are properly implemented, it can be considered a document of pride for the country," Pezeshkian wrote on X. Jun 16, 2026 7:30:17 AM ISTUS-Iran war LIVE: US Vice President JD Vance told Fox News on Monday that US President Donald Trump may decide to release Washington's agreement with Tehran before Friday.The agreement, which was electronically signed by leaders in the US and Iran, is expected to be signed in person on Friday.via Reuters