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Tehran says 'nothing' finalised after Trump claims deal to end Iran war near

June 12, 2026

Despite President Trump's repeated claims that a deal with Iran to end their ongoing conflict is immminently ready for signing, Iranian officials have contradicted these assertions, stating that no final agreement has been reached. The conflict has escalated significantly since late February when the US and Israel struck Iran, prompting Iranian retaliation including attacks on US allies and the effective closure of the crucial Strait of Hormuz shipping route. While Trump announced he was canceling planned Thursday strikes due to a "great settlement" and discussed a potential signing ceremony in Europe, Iran's foreign ministry called these reports speculative and accused the US of making excessive new demands.

Who is affected

  • Iran and the United States (primary parties in conflict)
  • Israel (launched strikes with US and subject to Iranian attacks)
  • US-allied Gulf states including Bahrain, Kuwait, and Jordan (targeted by Iranian strikes)
  • An 11-year-old girl in Bahrain and residents whose homes and cars were damaged
  • Three Indian sailors killed and twenty-one crew members rescued from a ship struck by US forces
  • Global oil and gas markets and shipping operations through the Strait of Hormuz
  • Israeli Prime Minister Benjamin Netanyahu and Gulf leaders
  • International community including UN, Pakistan, Russia, China, Turkey, India, and Saudi Arabia

What action is being taken

  • The US and Iran are conducting negotiations aimed at ending the conflict and addressing the Strait of Hormuz security and Iran's nuclear ambitions
  • The White House is pushing for a quick resolution to talks
  • US forces are maintaining a blockade on Iranian ports to restrict Tehran's oil export profits
  • Iran is effectively closing the Strait of Hormuz
  • Talks are continuing between the two sides
  • Multiple countries including Jordan and Kuwait are engaging with hostile aerial targets
  • The UN Secretary-General is urging parties to return to full implementation of the ceasefire

Why it matters

  • This conflict threatens global energy security as the Strait of Hormuz is a key shipping route for the world's oil and liquefied natural gas, with oil prices already dropping 4.4% based on deal speculation alone. The ongoing military exchanges between the US and Iran risk broader regional war, as evidenced by the involvement of multiple countries including Israel and US Gulf allies, civilian casualties, and collateral damage to third parties like Indian sailors. The potential agreement could prevent Iran from obtaining nuclear weapons while reopening critical shipping lanes, but the contradictory statements from US and Iranian officials create uncertainty that could further destabilize the region. The international calls for de-escalation from major powers including China, Russia, India, and Saudi Arabia underscore the global stakes involved in this confrontation.

What's next

  • Documents for the potential agreement should be finalized "over the next few days" according to Trump
  • There will "probably be a signing, maybe in Europe" once documents are finalized
  • The Strait of Hormuz would open "as soon as we have it signed" according to Trump
  • Talks are continuing between the US and Iran despite disagreements

Read full article from source: BBC