Key development: Trump says the US-Iran peace deal could be signed as early as Sunday and would reopen the Strait of Hormuz, but Tehran’s pushing back on that timeline.

Diplomacy

(Update) Trump says the US-Iran peace deal could be signed Sunday and would reopen the Strait of Hormuz for everyone, but Iran’s foreign ministry disputes the timeline. Both countries agree they’re close to something. (Al Jazeera, France 24, Euronews)

Context: After both sides signaled Friday that an initial peace agreement was close, Trump got specific ahead of the G7 summit—announcing a Sunday signing date and stating the deal would reopen the strait “for all.” Iran’s foreign ministry promptly disputed the timeline according to state media, though both countries agree they’re nearing a deal. This is the latest whiplash in negotiations that have seen multiple delayed signing dates.

Sources: Al Jazeera | France 24 | Euronews

A senior Iranian official laid out what’s actually in the draft deal: oil sanctions waiver, nuclear limits, reopening the Strait, and unfrozen assets. The final details would be hammered out in the 60 days after signing. (Euronews)

Context: This is the first time we’re getting specific terms from an Iranian source. The draft includes an oil sanctions waiver (huge for Iran’s economy), nuclear program limits, reopening the Strait of Hormuz to shipping, and releasing frozen Iranian assets. Anything beyond this initial framework would be negotiated over the next two months.

Sources: Euronews

Trump lashed out at “very dishonorable” Iranians after their media reported the draft text met all of Tehran’s red lines. Both sides still say a deal is close. (France 24)

Context: Hours before both countries signaled Friday that an agreement was near, Trump posted an angry message targeting Iran after local Iranian media suggested the draft complied with Tehran’s non-negotiable demands. Despite the public spat, both Washington and Tehran indicated they’re close to signing an initial peace agreement to end the war.

Sources: France 24

Military Operations

(Update) Israel hit southern Beirut and killed at least three people. The strike on the capital is raising fears the peace talks could fall apart. (Al Jazeera, Euronews)

Context: Israeli jets struck Beirut’s Dahiyeh district Sunday, hitting the Ghobeiry area. Netanyahu’s office confirmed they were targeting Hezbollah infrastructure. This is a serious escalation in Lebanon’s capital that directly threatens the US-Iran truce—Tehran has insisted any deal must stop Israeli attacks on Lebanon. The timing is particularly problematic given Trump’s announcement that the peace deal could be signed as early as today.

Sources: Al Jazeera | Euronews

(Update) Three Indian crew members are still missing after the US fired on a tanker trying to break the Iran blockade off Oman. India rescued 21 crew members from the Settebello. (France 24)

Context: The US military announced it had fired on the tanker for attempting to breach its blockade of Iran. India’s foreign ministry condemned the attack on the vessel and confirmed 21 of the 24 Indian crew members have been rescued, but three remain missing. This is the first confirmation of specific casualty numbers and nationalities.

Sources: France 24

(Update) The US carried out strikes on Iran after the helicopter crash, Iran denied shooting down the chopper and vowed to respond, and Iranian media reported explosions on Qeshm Island. Washington called the attacks a “proportional response.” (France 24)

Context: After Trump blamed Iran for an Army helicopter crash near the Strait of Hormuz, the US military followed through Tuesday with strikes it described as a “proportional response.” Tehran denies any responsibility for the helicopter and has promised retaliation. Iranian media reported explosions on Qeshm Island, confirming the strikes landed.

Sources: France 24

What to watch: Whether Israel’s Beirut strikes tank the peace deal before it can be signed, and whether Iran makes good on its promise to respond to US strikes.