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    Home»Trending News»US-Iran peace memorandum could be signed on Sunday in Geneva: Source
    Trending News

    US-Iran peace memorandum could be signed on Sunday in Geneva: Source

    Ironside NewsBy Ironside NewsJune 12, 2026No Comments2 Mins Read
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    Nuclear points could be put aside for later talks. Washington needs a deal to make sure that Iran by no means develops a nuclear weapon; Iran says it’s not looking for one.

    The waiving of sanctions, unfreezing of Iranian property and halt to Israeli assaults on Lebanon are important Iranian calls for. The supply made no point out of what Iran would possibly provide in return. There was no speedy response from the US.

    Iran’s Mehr information company stated the phrases additionally included different key US concessions, together with a dedication to withdraw its forces from round Iran and current a plan for rebuilding the shattered Iranian financial system.

    “The USA and its allies should submit plans for Iran’s reconstruction price at the least US$300 billion,” the Mehr report stated.

    “GREAT SETTLEMENT”

    Trump’s announcement of a deal – hours after he threatened again to hit Iran “very laborious” on Thursday evening – prompted world shares to rally and oil prices to slip on Friday. Brent crude costs had been down greater than 2 per cent in European morning commerce.

    All through the warfare, which started on Feb 28 with US and Israeli strikes on Iran, Trump has made comparable declarations {that a} deal was at hand, just for no deal to emerge.

    However markets took consolation that his newest phrases signalled the tip of a very tense few days of escalation, which started with Iran and Israel buying and selling fireplace for the primary time since an April ceasefire, and continued by way of two days of US strikes on Iran and Iranian return fireplace at US regional bases.

    “The strait will formally open as quickly as we signal, which may very well be quickly, very quickly, perhaps over the weekend in Europe,” Trump stated, including that Vance would attend the deal signing. He didn’t elaborate.

    Requested if Iran’s Supreme Chief Ayatollah Mojtaba Khamenei had accredited the deal, Trump stated, “I perceive the reply is sure.”



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