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US and Iran deal to end war allows Tehran to sell oil and fuel – Middle East crisis live

The countries are expected to sign a memorandum of understanding on Friday before proceeding to the next stage of talksFull report: Trump declares deal ‘all signed’ as G7 leaders try to tie loose endsYou can follow all the latest developments from the G7 summit in our Europe live

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From 4h agoThe US will allow Iran to immediately start selling oil and fuel again as part of the deal to end the war, the Wall Street Journal reported, citing sources familiar with the matter.Iran can only sell oil if they keep to the terms of the deal, as US official told Reuters. It includes the free flow of navigation in the strait of Hormuz and not obtaining an nuclear weapon.

Such a move is likely to be controversial with many politicians and lawmakers opposed to offering Iran financial relief.It comes as oil prices sunk again on Tuesday, pulling back to $80 per barrel for the first time since early March, while the US stock market drifts near its all-time high.Key events2h ago'Washington must prove its commitment' by ending war in Lebanon, Iranian official says2h agoScepticism in Iran as peace deal nears3h agoThe day so far4h agoUS to allow Iran to immediately start selling oil and fuel again5h agoUS-Iran deal to be signed in Burgenstock, Switzerland on Friday6h agoIran won't sign final nuclear deal if Israel doesn't withdraw from Lebanon, Hezbollah says6h agoTrump says he’d send Iran deal to Congress for review7h agoDonald Trump claims the strait of Hormuz will be open by Friday8h agoIran state media says Iranian oil tankers resumed shipping after US deal9h agoTrump thinks Syria will do a 'better job' of 'taking care of Hezbollah' than Israel9h agoNetanyahu has to be 'more responsible with respect to Lebanon', Trump says10h agoTrump says he considers Israel's war in Lebanon a 'minor' one10h agoIran 'will never have a nuclear weapon' and 'all hell will rain down' if ​it tries to get them, Trump says10h agoTrump says US-Iran deal going to a 'second stage'11h agoReports of continued Israeli shelling in Lebanon despite US-Iran agreement12h agoIranian foreign minister says ending Israel's war on Lebanon 'most important issue' in US deal13h agoJD Vance admits US-Iran memorandum of understanding is a 'very general document'Pope Leo on Tuesday praised the interim deal between the US and Iran to end the war in the Middle East, saying “thanks be to God” that the two powers are set to formalise their accord on Friday.

Leo said: “There will still be several points to settle, but it is always better to do so through dialogue, through negotiations, and not by returning to war.“I hope that it truly is a solution to the war, that the war really is over, and that we can move forward.”It took more than a day after news of Donald Trump’s deal with Iran went public for Benjamin Netanyahu to speak out.

When he finally appeared at a press conference on Monday evening, the Israeli prime minister skirted a cornerstone of his past public appearances: his excellent relationship with the US president.“There are cases in which President Trump and I do not see eye to eye,” he said when asked about that. “I am responsible for Israel’s security interests, and it needs to be done wisely.”

As to the deal, he told its many critics not to pass judgement yet: “We do not know what the agreement will be.”Where does Iran deal leave US-Israel relationship as they reach ‘a fork in the road’?Read moreIran’s Top Joint Military Command, ​Khatam al-Anbiya Central ‌Headquarters, said in a statement that Israel should expect a hard response from the Iranian armed forces if it did not stop its attacks on southern Lebanon, days after Tehran and Washington announced a MoU to end the regional war.

Here are some images coming out of Lebanon today:View image in fullscreenResidents who returned to their village use an excavator to search for missing people under the rubble of a destroyed building in the village of Touline in southern Lebanon on 16 June 2026. Photograph: Wael Hamzeh/EPAView image in fullscreenA woman and her daughter wait next to their luggage to return to their village in Abbassieh in southern Lebanon on 16 June 2026. Photograph: Wael Hamzeh/EPAView image in fullscreenDisplaced Lebanese people return to the Abbasiyeh town of Tyre in southern Lebanon 16 June 2026.

Photograph: Anadolu/Getty ImagesView image in fullscreenDalal Safieddine, 54, inspects her damaged shop along the main street of the village of Deir Qanoun al-Nahr in southern Lebanon on on 16 June 2026. Photograph: Mahmoud Zayyat/AFP/Getty ImagesEbrahim Azizi, the head of the Iranian parliament’s national security commission, posted on X on Tuesday that the US must uphold every clause of the memorandum of understanding (MOU) between Iran and US, particularly when it comes to ending the war in Lebanon.“Iranian resilience forced a strategic pivot: the US came to the table on Iran’s terms,” Azizi wrote.

“Now, Washington must prove its commitment by ending the war against Lebanon and upholding every clause of the MOU.”“Any breach will be met with a decisive, crushing response.”In the rural town of Sirik, in southern Iran, temperatures over the past week have climbed to 45C (113F), and residents were still queueing to fill buckets of water days after US strikes reportedly damaged two dr

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