Oil slides 4% as US, Iran reach peace deal to reopen Strait of Hormuz, easing supply disruption fears.

Putin and Zelensky each hold separate calls with Trump as US president marks 80th birthday, in a rare dual diplomatic outreach.

Putin and Zelensky hold calls with Trump as US president marks 80th birthday.

US denies unfreezing $12 billion in Iranian assets, Axios reporter Barak Ravid says citing sources.

The US has denied information about the unfreezing of $12 billion in Iranian assets. This was reported by Axios journalist Barak Ravid, citing his own sources.

Senior US official denies Iran claim of $12B in frozen funds before talks, calls it 'a spin' — says deal is pay-for-performance, no unconditional release.

A senior U.S. official denied Iran's claim that it will get $12 billion from its frozen funds unconditionally before the 60-day negotiations start and called it 'a spin.' The official said the deal is pay-for-performance and no frozen funds will be released unconditionally.

Vance says Iran-US deal signing logistics being finalized, plans to attend ceremony; Trump may also be present. Deal includes halt to military ops, lifting of US naval blockade on Iran.

US Vice President JD Vance said the logistics of the Iran-US deal signing ceremony are still being finalized following the announcement of the memorandum of understanding. He noted that he personally plans to attend the ceremony, while adding that it is also possible that US President Donald Trump could be present. Speaking on Fox News, Vance described the agreement as a “new leaf” and said the administration would continue working to implement it. He acknowledged that not all parties will immediately “sing Kumbaya,” stressing that peace will take time to take hold. However, he said the agreement represents a “major, major step” forward. The remarks come after confirmation that the deal includes an immediate halt to military operations and the lifting of the US naval blockade on Iran.