EXPECTED TERMS OF US-IRAN PEACE DEAL:
1. Extends ceasefire between US and Iran for 60 days
2. Begins 60-day negotiation period for technical discussions around Iran's nuclear program
3. Removes US Naval blockade and reopens Strait of Hormuz
4. US will commit to discuss sanctions relief with Iran
5. US will commit to discuss the release of frozen Iranian funds
6. Peace deal includes permanent end to fighting on all fronts, including Lebanon
7. Final agreement to be signed on June 19th in Switzerland
We expect to receive more detail on terms shortly.
BREAKING: Iran's Speaker of the Parliament Ghalibaf responds after Israel attacks Beirut, Lebanon, on the same day President Trump said a peace deal was coming.
He says the Israeli attacks have "shown that America either lacks the will to fulfill its commitments or the ability to do so."
"By giving the green light to the regime, you cannot gain concessions. The game of bad cop and good cop is outdated. If you lack the will and ability to fulfill your commitments, speaking of continuing the path is not possible," Ghalibaf says.
The Iran Deal appears to be at risk again.
BREAKING: Last minute complications have reportedly emerged in the proposed U.S.-Iran memorandum of understanding, with disagreements said to remain over one of Tehran’s key demands.
Sources indicate the issue could be resolved within the coming hours, but negotiations remain ongoing and no final agreement has been approved or signed.