Here's the latest
• G7 summit: World leaders are gathering at the G7 summit in Evian-les-Bains, France where discussions about US President Donald Trump’s agreement with Iran have been “frank, ” sources said. Trump is due to speak with the leaders of three Arab states in talks initiated by French President Emmanuel Macron.
• US-Iran agreement: Trump and Vice President JD Vance both virtually signed the agreement, a US official said. Vance told CNN the agreement was about a page and a half long and a “general document,” which leaves details to be worked out in future negotiations.
• Strait of Hormuz: Meanwhile, recent data shows no significant movement of tankers or ships through the Strait of Hormuz, after Trump said the waterway had been reopened. Uncertainty over the agreement and other risks are likely to keep traffic to a trickle for weeks or months, industry sources say.
• Israeli reaction: Israel and Hezbollah continued fighting yesterday, even though Pakistan said the agreement included Lebanon. Israeli Prime Minister Benjamin Netanyahu barely mentioned Trump in remarks yesterday, and made clear Israel does not intend to withdraw from southern Lebanon, Gaza or Syria.
Trump says next phase of Iran talks will be "easier" than first round
President Donald Trump claimed the next phase of negotiations with Iran would be “easier” than the initial round that led to the recently announced Memorandum of Understanding.
“It goes to a second stage, which I think will be actually easier,” Trump said while meeting with the emir of Qatar on the sidelines of the G7 summit in France.
Officials have said the next phase would involve technical discussions on Iran’s nuclear program, as well as financial relief for Tehran and details on reopening the Strait of Hormuz.
Trump also insisted the US would not be “investing any money in Iran,” seeking to tamp down on fears among some of his allies that Tehran would receive American funds.
Officials have said instead that a $300 billion reconstruction fund would be funded by Gulf nations.
Leaders await details of Trump's Iran agreement -- here's what we know so far
As they gather for the G7 summit in France, the leaders of the world’s most powerful countries are hoping to get more clarity on US President Donald Trump’s deal with Iran.
The basic contours of the agreement are known: the US will end its blockade of Iranian ports, Iran will reopen the Strait of Hormuz, and the two sides will begin 60 days of nuclear negotiations.
Trump said the full text of the agreement would be released “pretty soon” but likely after a formal signing ceremony on Friday, but more details could emerge from his meetings on Tuesday.
Here is what we know — and don’t know:
Strait of Hormuz
The US said the strait would reopen after the agreement is signed on Friday, with Trump declaring that passage would be “permanently toll free.”
But Iran said on Monday that Tehran will collect “fees” for maritime services offered alongside Oman, state-affiliated Tasnim news agency reported. It said these charges would not amount to “tolls”.
Safety will be key. CNN has previously reported that Iran has mined in the strait and international maritime and shipping organizations stressed that there is a difference between being allowed to pass and being able to do so safely.
Ceasefire
Pakistan, which brokered the agreement, said both sides have “declared the immediate and permanent termination of military operations on all fronts, including in Lebanon.”
However, the agreement does not include a requirement that Israel withdraw from Lebanon, a senior US official said on Monday. Meanwhile, fighting continued overnight as both Israel and Hezbollah conducted strikes.
Nuclear issues
The US said Iran made assurances that it would never develop a nuclear weapon. But there are no concrete commitments around Iran’s nuclear program or its uranium stockpiles.
Sanctions and frozen funds
Iran said the 60-day nuclear negotiations will begin only after the US releases billions of dollars of frozen funds. But a US official said no money would be released without clear commitments by Iran.
US Vice President JD Vance said later on Monday that Iranians “could have access” to a Gulf nations-funded $300 billion reconstruction fund if they comply with the terms of the deal.
The economy
Oil prices fell to their lowest level since early March and the Dow clinched a record high Monday after the agreement was announced — however, a broader economic recovery will likely take months.
Leaders had "frank" discussion about Iran deal at G7 dinner, sources say
Discussions about President Donald Trump’s agreement with Iran among G7 leaders at dinner Monday night were “frank” and in-depth, according to people familiar with the conversation.
The group meal lasted for nearly two hours around a table perched above Lake Geneva’s south shoreline, and also veered toward other topics like Ukraine, the people said.
Emerging afterward, European officials said they still had questions about the Iran accord. Trump signed it virtually on Sunday but the text has not been revealed publicly. They are mainly concerned with how quickly the Strait of Hormuz can be reopened to commercial traffic, something US officials have offered differing answers on over the course of the last day.
Heading into the summit, US officials said they expected European nations to contribute to efforts to remove mines from the Strait of Hormuz now that hostilities have ended.
French President Emmanuel Macron, the summit’s host, said during a meeting with Trump that his country was “ready to take our fair share of the burden” to support the deal.
But Trump downplayed the need for European assistance, claiming the deal itself would allow the waterway to open freely.
“I don’t think we’re going to need much help, but I don’t think it’s a bad idea to have a ship or two up here from a few countries,” he said.
World leaders assemble at the G7 summit in France
US President Donald Trump has joined G7 leaders in France today, with the US-Iran agreement set to dominate discussions.
Here are the latest pictures ahead of talks in Évian-les-Bains.
Macron wants to get Zelensky a meeting with Trump
French President Emmanuel Macron held a quick bilateral meeting with Ukraine’s President Volodymyr Zelensky ahead of this morning’s main gathering of the Group of Seven in Évian-les-Bains, the Élysée Palace said.
As the host of the G7 meeting, Macron invited Zelensky to attend the sidelines of the gathering, hoping his presence could help shore up the group’s support for Ukraine.
A key part of the mission is getting US President Donald Trump on board.
A possible meeting between Zelensky and Trump was the first thing Macron spoke about as he greeted the Ukrainian leader inside the lush grounds of the Hôtel Royal where the summit is taking place.
“So first, do you have a bilateral thing organised … with President Trump?” Macron was heard asking Zelensky before offering to “arrange this.”
Trump’s official schedule does not include bilateral talks with Zelensky, but an impromptu meetings can, and often do, happen during summits like this one.
One of the most consequential past meetings between Trump and Zelensky was unscheduled and took place on the sidelines of Pope Francis’ funeral in April last year. That meeting was their first since the disastrous Oval Office encounter and it marked something of a turning point in their rocky relationship.
Iran war likely to dominate discussions at G7 summit this week
As world leaders gather at the G7 summit on Tuesday, the Iran war is expected to dominate discussions.
US President Donald Trump had wanted to enter the summit of leading industrialized nations in a position of strength and with an agreement in hand, sources say. And after months of conflict and negotiations that drew immense skepticism from his fellow G7 leaders, he’ll now get that — albeit with significant, lingering questions about the specifics of the agreement and the extent to which each side will abide by it.
The G7 leaders have been forced to confront higher energy prices as a result of the Strait of Hormuz’s prolonged closure. Over the last several months, Trump lashed out at nearly all of them for their reluctance to help patrol the key waterway, making for an awkward backdrop to this week’s gathering.
Ahead of the summit, officials from four of the G7 countries said that how to move ahead in the Middle East — even with an agreement in place — would undoubtedly provide fodder for intense discussions behind the closed doors of the Belle Époque Hôtel Royal in Évian.
On Tuesday, the leaders of three Arab states — Egypt, Qatar and the United Arab Emirates — will also join for talks, invited by French President Emmanuel Macron to help home in on the thorny questions affecting their region. Trump will meet them individually as well.
How Trump's last few G7 summits have gone
Donald Trump is joining other leaders at the first day of the G7 summit on Tuesday, but the United States president has never been a particular fan of attending these meetings.
In his first term, he consistently questioned advisers whether his presence was necessary, and wondered what could be accomplished without the presence of countries like Russia and China.
He abruptly cut short his time at two summits in Canada — one during his first term in the northern woods of Quebec and one last year in Alberta. Attending his first G7 in 2017 on the rocky coast of Sicily, he seemed to feel fellow leaders were ganging up on him by trying to convince him to remain in the Paris climate accord (some aides believed the pressure pushed him to withdraw from the agreement more quickly than he might have otherwise).
The last time French President Emmanuel Macron hosted the summit, in 2019, a dinner beneath the Biarritz lighthouse grew heated when Trump demanded Russia be readmitted into the alliance after being ejected following Moscow’s annexation of Crimea in 2014. Over their plates of Basque tuna, Trump’s fellow leaders offered little support for the idea.
Five years and a full-scale Russian invasion of Ukraine later, Trump opened last year’s G7 by issuing the same demand.
Displaced Lebanese voice hope at returning home amid US-Iran agreement
Some residents of southern Lebanon who were displaced by months of war between Israel and Iran-backed Hezbollah began returning to their homes Monday, expressing joy and cautious optimism the conflict there will cease pending the US and Iran signing an agreement to end hostilities Friday.
“It’s the best feeling … We’re returning to our town, to our land,” a man traveling to the city of Tyre told Reuters.
Another man from Tyre told Reuters that returning home was “an indescribable feeling … even if returning to rubble, it doesn’t matter.”
The residents are attempting to return to their homes even though Israel has said it won’t be withdrawing troops from the south and authorities in southern Lebanon warned against people rushing back.
The deal between US and Iran announced by Pakistan’s Prime Minister, a key negotiator, included calls for a ceasefire in Lebanon but Israel’s Defense Minister, Israel Katz, has stated that Israeli troops will not be withdrawing from security zones in southern Lebanon, Gaza and Syria.
Meanwhile, spectators at Iran's World Cup opener bring in banned flags, symbols
Some people attending Iran’s first World Cup 2026 match against New Zealand Monday night were seen carrying or wearing anti-Iranian regime symbols, according to reports ––passing through security without any issues, despite warnings from Tehran and the world soccer’s governing body FIFA.
A flag, bearing the symbol of a lion and sun, has been used for centuries before the 1979 revolution. Iran had threatened to stop matches if flags or other anti-government symbols were brought into World Cup stadiums, according to Reuters.
FIFA has also banned such flags at the World Cup, citing stadium regulations. A last-minute hearing in Los Angeles on Monday upheld the ban, The Athletic reported.
“This team is not the team of the people of Iran,” Farhad Jafargad, one of the few attendees wearing a white t-shirt with the lion and sun design, told Reuters.
Other soccer fans who draped themselves with the official Iranian flag told the news outlet they were heckled by protesters, but that they wanted to focus on their team and forget about politics.
“We’re very proud of our country,” 57-year-old Mehdi Jafari, who wore an Iran soccer shirt, told Reuters.
“We’re here to support Iran. I think we should all let go of the politics and just go in and cheer on the Team Melli.”
Zelensky looks to bring Ukraine back into the global conversation at G7 summit
French President Emmanuel Macron asked Ukrainian President Volodymyr Zelensky to attend the G7 summit this week, in an effort to cajole the group to agree on support for Kyiv and the need for negotiations to end Russia’s war, now in its fifth year.
US President Donald Trump spent much of his first year back in office trying unsuccessfully to broker an agreement between Zelensky and Russian President Vladimir Putin. But he rarely discusses that conflict anymore as Iran consumes his attention, and European officials are eager to ascertain whether Trump is willing to apply new pressure on Putin.
On Monday, Zelensky toured Kyiv’s historic Kyiv Pechersk Lavra, just hours after it suffered a major attack from Russia.
Condemning the attack on one of Ukraine’s most iconic historical sites, Zelensky said he will push hard for more air defenses when he meets with European leaders and Trump at the summit.
Trump's recent comments about G7 leaders show how strained the relationships have become
Trump has repeatedly insulted most of his G7 counterparts over the last several months, reopening old grudges and igniting new feuds with leaders he once seemed to respect.
Now, the US president and the other European leaders will all be under one roof at the French spa resort Évian-les-Bains.
Here’s a look at where things stand:
- French President Emmanuel Macron and Trump’s relationship seems to be the most complicated: one day, a nod of respect; the next, a jab about Macron’s marriage. After years of taking pride in his ability to deal with Trump, Macron has lately sounded more exasperated.
- Canadian Prime Minister Mark Carney got off to a good start with the US president, but disputes over trade and a forceful speech Carney delivered earlier this year in Davos led Trump to change his view, and he’s lately taken to calling the leader “Governor Carney,” a nod to his threat to make Canada the 51st US state.
- UK Prime Minister Kier Starmer’s unwillingness to support Trump’s war with Iran caused the relationship to deteriorate, and now Trump dismisses the prime minister as “no Winston Churchill.”
- German Chancellor Friedrich Merz’ status as one of Trump’s favored leaders in Europe took a hit after he questioned the Iran war and said the US was being “humiliated by the Iranian leadership.”
- Italian Prime Minister Giorgia Meloni, the European leader most aligned with Trump, also could not escape the president’s frustrations earlier this year after she declined to participate in the war with Iran. Later, she called Trump’s attacks on Pope Leo XIV “unacceptable.”
Read what Trump has posted on social media about the leaders
Questions surround US-Iran agreement
President Trump arrived for the G7 summit in Évian-les-Bains, France, on Monday as questions remain over the memorandum of understanding between the US and Iran.
CNN’s Alayna Treene reports from Geneva, Switzerland, on what we know:
President Trump arrived for the G7 summit in Évian-les-Bains, France, on Monday as questions remain over the memorandum of understanding between the US and Iran. CNN's Alayna Treene reports from Geneva, Switzerland, near where the summit is being held.
JD Vance says Iran will not receive US taxpayer money "ever, full stop" under agreement
Vice President JD Vance said Monday that Iran will not receive any US taxpayer money under the terms of an agreement aimed at ending the war, while suggesting other countries could invest in Iran if sanctions are lifted and conditions are met.
Vance added that while US funds would not be involved, economic opportunities could emerge if Iran is reintegrated into the global economy.
“What we have said,” the vice president continued, “is there’s a lot of economic benefit in the United States for leaving a lot of sanctions and welcoming them back into the world economy.” Vance also said the US would support foreign investment in Iran under certain conditions when asked about a $300 billion reconstruction fund.
Earlier Monday, Vance said the Iranians “could have access” to a $300 billion reconstruction fund if they comply with the terms of the deal, though he said it would be funded by Gulf nations.
Israel and Hezbollah trade attacks as US and Iran reach an agreement. Here's the latest
Israel and Iran-backed Hezbollah continued fighting on Monday, even though the United States and Iran have reached an agreement aimed toward ending the war. A formal signing ceremony is scheduled for Friday.
US President Donald Trump and Vice President JD Vance both virtually signed the memorandum of understanding with Tehran, a senior US administration official said. Parliament Speaker Mohammad Bagher Ghalibaf signed the document for the Iranian side, the official said.
A lot of questions remain about the memorandum and how it will play out. The text has not been released, but it does not require Israel’s withdrawal from Lebanon, according a senior US administration official.
If you’re just dropping in, here’s the latest:
- Hezbollah said Monday that it targeted Israeli tanks and vehicles with drones, rocket launchers and artillery shells. The Israel Defense Forces, meanwhile, said the Israeli air force “carried out precise strikes” on Hezbollah militants on four occasions.
- Prime Minister Benjamin Netanyahu largely avoided addressing the deal directly in remarks Monday and said he and Trump “do not always see eye to eye.” He also made clear that Israel does not intend to withdraw from southern Lebanon, Gaza or Syria.
- The memorandum of understanding between the US and Iran is “about a page and a half” long, Vance said. It is a broad framework that leaves details to be worked out during future technical negotiations, he said. Separately, the vice president told NBC News that international nuclear inspectors will be allowed back into Iran under the terms of the MOU.
- The text of the memorandum will be released “pretty soon,” Trump said, likely after the formal signing ceremony in Geneva on Friday. The US president, who is in France for a Group of Seven summit, suggested that he would not attend the event.
CNN’s David Goldman explains what happened Monday in the oil markets:
- Iranian President Masoud Pezeshkian said the framework with the US represents an important step toward ending the war and beginning negotiations, but he stressed that a final agreement has not yet been completed.
- The United States will keep its current force posture in the Middle East during the technical negotiations, with a planned reduction if a final deal is reached, a senior US administration official said.
- Oil prices settled at their lowest level since early March, and the Dow clinched a record high Monday. Still, uncertainty lingers about the logistics surrounding the Strait of Hormuz. The Trump administration has offered differing assessments of when the waterway will reopen, but a senior US official said the US “knows where all the mines” are located.
- Some US foreign policy hawks are worrying that Trump gave away too much in the name of trying to end the war. They include GOP Sen. Lindsey Graham, who told reporters he is “skeptical” that Iran will drop its nuclear ambitions and said he wants to review the US-Iran agreement himself.
CNN’s Max Saltman, Eyad Kourdi, Alejandra Jaramillo, John Towfighi, Tal Shalev, Mohammed Tawfeeq, Jennifer Hansler, Betsy Klein and Kit Maher contributed reporting to this post.
Iran ties with New Zealand in World Cup opener in Los Angeles
Iran came from behind twice to draw 2-2 against New Zealand in their opening World Cup match in Los Angeles.
This is the first time in World Cup history that a host nation is at war with one of the participants, though the United States and Iran have reached an agreement aimed at ending hostilities.
New Zealand grabbed the lead early in the 7th minute when Elijah Just scored with a volley. Iran’s Ramin Rezaeian clinched the equalizer in the 32rd minute.
Just restored the All Whites’ lead in the second half, but Iran struck back quickly with Mohammad Mohebbi heading the ball in for another equalizer.
As Trump hails reopening of Strait of Hormuz, shipping execs are not so optimistic
President Donald Trump says the Strait of Hormuz has reopened thanks to the agreement the US reached with Iran. But across the shipping industry, confidence remains in short supply due to remaining potential threats, including mines, drones and missile attacks.
Among those managing throughout the crisis is Angad Banga, CEO of Hong Kong-based Caravel Group, which oversees Fleet Management Ltd. and currently has about a dozen vessels anchored in the Gulf. They are ready to move, but are holding position given the overwhelming uncertainty.
“We are maintaining enhanced manning and citadel readiness until we have 30 days of incident-free transits,” said Banga. “Not three days. Thirty.”
“Even if things go smoothly and everything goes back to normal, it is going to take some time before trade flows are back to normal, and a lot of infrastructure has been damaged in the Middle East, which will take time to fix.”
Iran evokes memory of slain schoolgirls with propaganda video before World Cup opener
Iran released a fresh AI-generated propaganda video ahead of its opening World Cup match in Los Angeles, this time invoking the memory of 162 children killed, likely in a US strike on a school in February.
“Iran, with all its wounds, still stands tall, and its children, with broad chests and unwavering resolve, are ready to compete on the world stage,” Baqaei said in his post with the video.
Iran has amped up its use of AI-generated propaganda videos since the conflict with the US began, often using the Lego visual theme.
Protesters show up outside Los Angeles stadium ahead of Iran's World Cup game
A group of protesters gathered outside SoFi Stadium in Los Angeles ahead of the World Cup match between Iran and New Zealand on Monday.
In several videos, protesters can be heard chanting, “President Trump, finish the job!” Other clips showed people chanting “no more Islamic Republic!”
Protesters were also seen waving flags associated with groups opposing Iran’s Islamic government, bearing the Sun and Lion. The flag had been used for centuries before the 1979 revolution.
FIFA has banned the pre-revolutionary Iranian flags at the World Cup, citing stadium regulations. A last-minute hearing in Los Angeles on Monday upheld the ban, The Athletic reported.
Trump's Iran agreement looks like a "terrible deal," US lawmaker says
President Donald Trump “got us into a war without a plan” – a move that could cost American taxpayers tens of billions of dollars, Democratic Rep. Eugene Vindman told CNN.
Vindman told CNN’s Laura Coates the framework announced between the US and Iran has “all the outlines of a terrible deal” and may grant Tehran sanctions relief without addressing its nuclear program, ballistic missile capabilities or long-term stability in the Middle East.
