‘Let the oil flow’: Trump says Iran, US have reached peace deal

The United States and Iran have agreed to end hostilities, with a formal signing scheduled for Friday amid ongoing negotiations.

Justin Tomlinson

Editor-in-Chief, Mora Discover

3 sources
‘Let the oil flow’: Trump says Iran, US have reached peace deal

President Donald Trump has announced that the United States and Iran have reached a peace deal, declaring, "Let the oil flow." The president announced the breakthrough shortly after Pakistan's Prime Minister said both sides had agreed to end hostilities "on all fronts."[1][2][3]

While a deal is set to be formally signed on Friday, the specific details of the arrangement remain the subject of conjecture. Iran has stated that the final agreement will be negotiated over the next 60 days.[1][2][3]

The announcement has also sparked debate in Israel. Observers and officials there are currently debating whether Trump has given too much away in order to secure the agreement with Iran.[1]

Edited per Mora's standards.Editorial policyAI disclosureAbout Discover

Related stories

Iran v New Zealand: World Cup 2026 – live
Iran v New Zealand: World Cup 2026 – live
guardian

Iran v New Zealand: World Cup 2026 – live

⚽️ Kick-off time: 6pm local/11am AEST/2am BST/9pm EDT⚽️ Player guide | Bracketology | Wallchart | Mail MartinAll Whites: 1 Max Crocombe (gk); 13 Liberato Cacace, 16 Finn Surman, 5 Michael Boxall, 2 Tim Payne; 6 Joe Bell, 8 Marko Stamenić; 11 Eli Just, 10 Sarpreet Singh, 20 Callum McCowatt; 9 Chris Wood (c).Chris Wood will lead the line and the side into their third World Cup campaign. The XI is expected to settle into a more defensive 4-2-3-1 formation and rely on pace up front from Just, Singh and McCowatt. Crocombe is named goalkeeper ahead of Alex Paulsen. Continue reading...

Synthesized from 2 sources

Bank of Japan raises interest rates to 31-year high
Bank of Japan raises interest rates to 31-year high
The Guardian

Bank of Japan raises interest rates to 31-year high

Country follows ECB in increasing borrowing costs, but US Fed and Bank of England expected to hold rates Business live – latest updates The Bank of Japan (BoJ) has raised interest rates to a 31-year high, as it tried to dampen inflationary pressures created by the Iran war. Policymakers in Tokyo raised the BoJ’s short-term policy rate by a quarter of one percentage point, to 1% from 0.75% , and warned that companies were passing on rising oil costs to each other at a “relatively fast pace”. <a href="https://w

Trump announces Iran peace deal signing for Sunday
Trump announces Iran peace deal signing for Sunday
Mail

Trump announces Iran peace deal signing for Sunday

The president revealed that a deal with Iran is due to be signed on Sunday, when he will be ringing in his 80th birthday with a UFC event at the White House.