US-Iran war highlights: Trump says US will retrieve Iran's 'nuclear dust' and destroy it after agreement

US President Donald Trump speaks to the press in the Oval Office of the White House in Washington, DC, on June 3, 2026. US President Donald Trump said on June 13, 2026, a long-awaited deal to end the war in the Middle East was set to be signed Sunday, June 14, and that it would lead to the reopening of the Strait of Hormuz.

US-Iran war highlights: Updates to this blog have ended, follow here for live updates. US President Donald Trump said an agreement with Iran was scheduled to be signed on Sunday and claimed Tehran had abandoned its pursuit of nuclear weapons. Contrasting the proposed accord with former President Barack Obama's 2015 nuclear deal, Trump said his agreement was "the exact opposite, A WALL TO NO NUCLEAR WEAPON!"

He added that Iran "no longer want a Nuclear Weapon, nor will they have one, either through purchase, development, or any other form of procurement."

Trump also said the Strait of Hormuz would reopen immediately after the agreement is signed and stressed that "no money will exchange hands."

Pakistan on US-Iran peace deal

After Pakistan said that a peace deal between the US and Iran will be finalised within 24 hours, Iran said that no signing will take place on Sunday, though it said the deal could be signed in the coming days.

Pakistan Prime Minister Shebaz Sharif suggested the initial deal could be signed on Sunday, but Iranian foreign ministry spokesperson Esmaeil Baghaei was later quoted by state media as saying caution was needed when commenting on the timing.

"We will have to wait and see about the exact date of the signing of the memorandum of understanding, although it will not be tomorrow," Baghaei was quoted as saying.

"The possibility of this happening in the coming days cannot be ruled out. However, due to the hesitation of the other side, we must be cautious in making any comments about this process."

Earlier, Sharif said that the US and Iran have agreed to a framework for a peace deal that would end the months-long conflict in the Middle East, with a final text of the deal reached, Reuters reported.

Pakistan is now preparing for an electronic signing expected within the next 24 hours followed by technical-level talks next week, Sharif said.

The burial of Ayatollah Ali Khamenei, Iran's Supreme Leader assassinated in US strikes on February 28, will be held on July 9, Iran's Press TV reported. The burial will be preceded by funeral ceremony in three cities – Tehran, Qom and Mashhad – on July 6, 7 and 9, respectively.

Khamenei will be laid to rest at the holy shrine of Imam Reza.

The United States and Iran have agreed on the wording of a deal aimed to bring an end to their war in West Asia, said Pakistan's Prime Minister Shehbaz Sharif. He added that Pakistan, which has been leading mediation efforts, is working with both sides on the next steps.

The reported progress in negotiations follows three days of exchanges involving Iran, the United States and Israel earlier this week, which raised fears of a wider conflict across the region.

When will the deal be signed?

Three regional officials told Associated Press that the proposed agreement is also expected to include the gradual easing of sanctions on Iran and the release of frozen Iranian assets.

According to the officials, a signing ceremony could take place in the coming days once authorities in Washington and Tehran give their approval. Earlier, US President Donald Trump said the agreement could be signed as soon as this weekend.

Trump on Thursday said there had been major progress in the negotiations, only hours after warning of intensified attacks and threatening to take control of Iran's oil industry.

Sharp fall in oil prices

Oil prices dropped to their lowest levels since the early days of the war as traders reacted to signs of increased traffic through the Strait of Hormuz and growing optimism over an interim peace agreement between the United States and Iran.

Brent crude futures fell 3.4 per cent to settle at $87.33 a barrel, their lowest closing level since March 5, and ended the week down 6.2 per cent. US West Texas Intermediate (WTI) crude settled 3.2 per cent lower at $84.88 a barrel, while European gas prices dropped by as much as 8.4 per cent, according to Bloomberg.

Apart from growing hopes for peace, the fall in oil prices has also been driven by markets adapting to the closure of the Strait of Hormuz and finding alternative ways to manage supply disruptions.

Inside the proposed US-Iran deal

Draft terms of the proposed agreement suggest that the US would begin releasing billions of dollars in frozen Iranian assets and ease sanctions on Iranian oil exports in exchange for Iran reopening the strait, news agency Reuters reported.

Iran's nuclear programme would be discussed during a 60-day negotiation period. A US official said the agreement would eventually result in the dismantling of Iran's nuclear programme, with its stockpile of highly enriched uranium destroyed and removed. The proposed terms also include an inspection system aimed at ensuring long-term compliance.

However, Iranian foreign minister Abbas Araghchi told state television that Iran, which the report said has not agreed to dismantle its nuclear programme, wants to keep the uranium in a diluted form. "For Tehran, the only preferred solution for its highly enriched uranium stockpile is down-blending the material," he said.

The report also said the proposals include discussions on possible war reparations for Tehran and the removal of long-standing US demands to limit Iran's missile programme. The US official rejected that claim.