Trump Claims U.S.-Iran Settlement Reached, Iran Says No Agreement Finalized

President Trump stated on June 11 that the United States and Iran had reached a "great settlement" to end the war and that he had called off new military strikes scheduled for that evening. He said the agreement would be signed, likely in Europe, after documents were finalized over the next few days.

U.S. Had made new demands and changed positions. " Iran's semi-official Fars News Agency quoted a source close to the Iranian negotiating team who denied that any text of an initial memorandum of understanding had been approved. Two sources familiar with the diplomatic efforts told CBS News that a letter of intent or memorandum of understanding was likely to be signed early the following week.

-Iran agreement, with the period extendable as needed. First steps under the proposed terms include ensuring "freedom of trade" by demining and opening the Strait of Hormuz. Iran would commit to a 15-20 year lockout during which it would not enrich uranium and would dismantle its nuclear sites.

In exchange, Iran would receive financial relief staggered over time and sequenced to correspond with compliance. " He said he had spoken to leaders in the region, including Gulf allies and Israeli Prime Minister Benjamin Netanyahu. Netanyahu's office confirmed that the Israeli prime minister spoke with President Trump on June 11.

The office stated that Israel is not a party to the memorandum of understanding. Netanyahu expressed appreciation for President Trump's commitment that the final agreement would include removal of enriched material, dismantling of enrichment infrastructure, limits on missile production, and cessation of Iran's support for its terrorist proxies.

U.S. Official said Iran attempted to strike commercial ships transiting the Strait of Hormuz early Friday morning local time. U.S. forces shot down two Iranian one-way attack drones targeting ships in the Strait of Hormuz on June 12.

Some traffic flow through the Strait of Hormuz continued after the reported drone incidents. Iran's Tasnim news agency stated that President Trump had announced a deal was imminent 38 times in the previous two months. U.S. And Israel launched wide-ranging strikes on Iran on February 28.