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

    Team_Prime US NewsBy Team_Prime US NewsJune 12, 2026No Comments2 Mins Read
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    Nuclear points can 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 supply in return. There was no quick response from the USA.

    Iran’s Mehr information company mentioned 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 economic system.

    “America and its allies should submit plans for Iran’s reconstruction value at the least US$300 billion,” the Mehr report mentioned.

    “GREAT SETTLEMENT”

    Trump’s announcement of a deal – hours after he threatened again to hit Iran “very arduous” on Thursday night time – 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 conflict, 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 top 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 via 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 might be quickly, very quickly, possibly over the weekend in Europe,” Trump mentioned, including that Vance would attend the deal signing. He didn’t elaborate.

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



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