IAEA says ready to help formulate 'concrete steps' towards implementing US-Iran deal
The International Atomic Energy Agency (IAEA) said that it was as ready to begin defining the “concrete steps” that will need to be taken to implement a US-Iran deal, AFP reports.
“Now it’s for us to sit down with our American colleagues, our Iranian colleagues, and start formulating the concrete steps that will have to be to be taken,” IAEA chief Rafael Grossi told reporters in Geneva.
Hormuz reopening to release wave of oil supply, depress prices
Middle Eastern crude oil markets could come under further pressure if the Strait of Hormuz reopens on Friday following the U.S.-Iran interim deal, releasing millions of barrels ?of oil stranded in the Middle East Gulf into global markets, industry executives said.
The wave of supply comes after Gulf producers ramped up exports via ship-to-ship transfers off the United Arab Emirates and Oman this month, which depressed spot differentials for Middle East crude to discounts on Tuesday, according to Reuters.
"The reopening of the Hormuz Strait could unleash some 93 million barrels of stranded non-Iranian barrels from the Persian Gulf, while producers are expected to continue supplying cargoes through less visible channels," Kpler analyst Muyu Xu said in a June 17 note. Some traders estimated that about 50 million barrels are set to be released as some cargoes had ?already been shipped out.
Israeli drone strike kills one in Lebanon's Kfar Tebnit
Lebanon’s National News Agency has reported that an Israeli drone strike hit a vehicle near the town of Kfar Tebnit, resulting in the death of one person and leaving another individual critically injured, according to Al Jazeera Arabic.
The attack took place amid growing calls for Israel to stop its military operations and withdraw forces from southern Lebanon under the terms of the Iran–US memorandum of understanding.
PM Shehbaz signs Islamabad MoU as mediator
Prime Minister of Pakistan Muhammad Shehbaz Sharif signed the Islamabad Memorandum of Understanding (Islamabad MoU) as mediator.
The Islamabad MOU has been signed by President of USA Donald J. Trump and Iranian President Masoud Pezeshkian.
Islamabad :18 June 2026.
— Prime Minister's Office (@PakPMO) June 18, 2026
Prime Minister of Pakistan Muhammad Shehbaz Sharif signed the Islamabad Memorandum of Understanding (Islamabad MoU)? as mediator.
The Islamabad MOU has been signed by President of USA Donald J. Trump and Iranian President Masoud Pezeshkian. pic.twitter.com/M0LKK9XoK8
Germany deploys ship to Red Sea for possible Hormuz mission
Germany is deploying two ships to the Red Sea in preparation for a possible military mission in the Strait of Hormuz, Germany's Defence minister Boris Pistorius said on Thursday.
"As we speak, our minesweeper Fulda and the supply ship Mosel are sailing through the Suez Canal towards the Red Sea," he told reporters as he arrived for a meeting with his NATO counterparts in Brussels.
Pistorius said approval would be needed from Iran and ?Oman before any participation in a minesweeping operation, and added any ?mission would also depend on the developments in further ?talks between Iran and the United States.
President Zardari welcomes signing of Islamabad MoU between US, Iran
President Asif Ali Zardari on Thursday warmly welcomed the signing of the Islamabad Memorandum of Understanding between the United States of America and the Islamic Republic of Iran, describing it as an historic moment for the region and the world.
The president, in his message, said that the conflict which began in February 2026 inflicted immense suffering upon the peoples of the region and caused severe disruption to global energy supplies, trade and economic stability.
He expressed hope that such a tragedy would never be repeated and that the nations of the region would now devote their energies to development, prosperity and the well-being of their peoples.
The president paid tribute to Prime Minister Shehbaz Sharif, Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar, Field Marshal Syed Asim Munir and Minister for Interior Mohsin Naqvi for their tireless diplomatic efforts that contributed significantly to bringing the parties to an agreement.
President Asif Ali Zardari has warmly welcomed the signing of the Islamabad Memorandum of Understanding between the United States of America and the Islamic Republic of Iran, describing it as an historic moment for the region and the world.
— The President of Pakistan (@PresOfPakistan) June 18, 2026
In his message, the President said…
Trump thanks China's Xi, Russia's Putin for being 'neutral' in Iran war
US President Donald Trump on Wednesday described Chinese President Xi Jinping and Russian President Vladimir ?Putin as "neutral" during the war with Iran, saying they had not thwarted his efforts to curb Tehran's nuclear ambitions.
"I just want to thank them because they made it a lot better," Trump said following the adoption of a ceasefire agreement in the conflict.
Speaking at a press conference at ?the Group of Seven conference in Evian-les-Bains, France, Trump told reporters he was ?grateful to the leaders for staying out of the conflict.
"I want to ?thank China, President Xi. I was with him, and he stayed neutral, totally neutral, ?and I appreciate it," Trump said. "And I want to thank Vladimir Putin, he was very ?neutral. They could have made it much more difficult for us."
Iran says will charge ships crossing Strait of Hormuz after 60 days
Iran’s chief negotiator has repeated Tehran would charge ships crossing the Strait of Hormuz after a 60-day fee-free period stipulated in a memorandum of understanding with the US, AFP reports.
Mohammad Bagher Ghalibaf said in an interview aired on state television that the “Strait of Hormuz will not return to pre-war conditions”, adding: “Iran has the right to sovereignty over the Strait of Hormuz and of course we will receive a fee for services.”
Iranian vessels pass through Strait of Hormuz following MoU
At least 11 Iranian ships have reportedly passed through a US naval blockade following the finalisation of a memorandum of understanding between Tehran and Washington, according to state media cited by international reports.
The vessels reportedly moved after the two sides agreed on the MoU text earlier this week. According to an informed source, eight ships sailed from Iran’s territorial waters into international waters, while three others entered Iranian waters.
The agreement is said to include provisions calling for the United States to end its blockade and for Iran to allow toll-free transit through the Strait of Hormuz for at least 60 days.
Ishaq Dar, Canadian FM discuss Pakistan role in Iran-US diplomacy
Deputy Prime Minister and Foreign Minister Ishaq Dar held a telephonic conversation with Canadian Foreign Minister Anita Anand, during which bilateral relations and regional diplomatic developments were discussed.
According to the Foreign Office spokesperson, the Canadian foreign minister appreciated Pakistan’s constructive role in diplomatic engagement and mediation efforts between the United States and Iran, stating that Pakistan’s efforts contributed significantly to the understanding reached between the two sides.
Ishaq Dar, Turkish FM discuss regional developments
Both leaders also exchanged views on the upcoming US-Iran talks scheduled to be held on Friday in Switzerland’s Bürgenstock, focusing on continued diplomatic coordination and regional stability.
Deputy Prime Minister / Foreign Minister Senator Mohammad Ishaq Dar @MIshaqDar50 spoke last night with Canadian Foreign Minister Anita Anand @AnitaAnandMP.
— Ministry of Foreign Affairs - Pakistan (@ForeignOfficePk) June 18, 2026
FM Anita Anand commended Pakistan’s constructive role in supporting diplomatic engagement and mediation efforts between the… pic.twitter.com/TlqOq6spk4
Initials talks planned at the Buergenstock mountaintop resort
Initial talks between the United States ?and Iran are planned at the Buergenstock mountaintop resort in Switzerland on ?Friday, following the ?signing of a ceasefire ?agreement between Tehran and ?Washington, the Swiss government ?said on Thursday.
"As things stand, the plan is still ?for the US and ?Iran, along with mediators Pakistan and ?Qatar and other involved countries, to meet tomorrow at Buergenstock for initial ?negotiations ?about ?implementing the agreement.
Trump warns to resume 'bombing' on Iran if he doesn't like agreement
US President Donald Trump said ?on Wednesday that the ceasefire agreement reached this week with Iran was not final, and that he could resume a bombing campaign if he did not like it.
"It's a memorandum of understanding. And if I don't like it, we'll go back to shooting at them, dropping bombs on their head," Trump said at a G7 summit in France.
"If I don't like it, if they don't behave, we'll go right back to dropping bombs right smack in the middle of their head, OK?"
Leaders of the G7 countries demanded a ceasefire in Lebanon on Wednesday and said they ?will diversify energy supply routes to reduce dependence on the Strait of Hormuz in response to the war in Iran, as they welcomed the interim deal to end ?it.
The leaders met for a summit in the French town of Evian-les-Bains, an hour's drive along the shore of Lake Geneva from where ?the memorandum is due to be signed at a ceremony across the Swiss border on Friday.
The US-Iran agreement is expected to launch negotiations towards a final settlement to end the ?war, which has killed more than 7,000 people, mostly in Iran and Lebanon.
