Amid numerous previously announced peace agreements, Donald Trump states that a deal with Iran is finally nearing completion. However, hostilities persist in the Strait of Hormuz, and the world economy remains under the grip of the ongoing tension. Antshas has the newest update.
On Friday, U.S. President Donald Trump stated that a peace agreement with Iran might be finalized in Europe over the weekend. Iranian Foreign Minister Abbas Araghchi supported this view, noting that an accord "has never been closer." Both the United States and Iran have indicated that ending the hostilities could be imminent; however, they differ significantly regarding the specifics of the proposed settlement. A possible arrangement would probably involve financial benefits for the Islamic Republic in return for the resumption of traffic through the Strait of Hormuz, which Iran had blocked following the U.S.-Israel offensive starting on February 28. Although optimistic signs are emerging from Washington and Tehran, combat persists in the area, as reported by the U.S., which claimed to have destroyed multiple Iranian drones during the night.
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Continue reading for the most recent developments regarding the conflict in Iran and the broader area as of June 13:
United States and Iran state that a peace agreement is near, despite ongoing disagreements
Authorities from the United States and Iran have indicated that a truce and an agreement between the conflicting parties might be finalized in the coming few days.
On Friday, U.S. President Donald Trump mentioned that an agreement might be finalized "in Europe" on Sunday, although he would not be present—likely because he plans to oversee a mixed martial arts competition on the White House grounds for his birthday.
For those who are counting, this marks approximately the fortieth instance where Trump has asserted that a peace agreement is about to be reached since the conflict began.
Nevertheless, Iranian Foreign Minister Abbas Araghchi shared on X on Friday: "The Islamabad Memorandum of Understanding is now more within reach than ever," fueling optimism that an end to hostilities might soon arrive.
The Iranian Islamic Republic News Agency (IRNA), on Friday, quoted an official from the country's foreign ministry stating that a document is "almost complete and waiting for the ultimate approval of Iran's governing authorities."
In Tehran, any deal would require approval from Iranian Supreme Leader Mojtaba Khamenei, who has remained hidden since the beginning of the hostilities.
Reports from sources in Tehran indicate that a truce could lead to additional comprehensive discussions, involving the liberation of up to $24 billion (€21 billion) in blocked Iranian funds, along with easing of restrictions and removal of U.S. forces stationed close by, in return for Iran ending its restriction of access through the Strait of Hormuz.
Iran has restricted access to the strait since the U.S. and Israel began their conflict on February 28, exerting pressure on the world economy.
Teheran has demanded payment upfront prior to opening the strait, as they question President Trump's sincerity in fulfilling America's part of the deal, particularly due to his past criticisms regarding not releasing Iranian funds.
Trump subsequently criticized Iranian media coverage regarding the details of the agreement in a social media update released late Friday, stating: "The conditions that Iran disclosed to the Fake News bear absolutely no resemblance to the actual written terms that were finalized. Their statements, including their feeble and pitiful claim about reaching an agreement, have nothing to do with reality."
Welcome to our coverage
Morning greetings from the Antsnewsroom in Bonn as we begin our report on the conflict in Iran, bringing you possibly encouraging updates.
The United States and Iran have both expressed public hope that an end to hostilities might soon arrive, even though the fighting continues throughout the night, as U.S. troops reported shooting down Iranian drones near the Strait of Hormuz.
Each side has recently indicated that a truce and a Memorandum of Understanding (MoU) may be imminent, with U.S. President Donald Trump stating that an agreement might be finalized as early as Sunday, probably in Geneva, Switzerland.
Nevertheless, it is reported that this marks the fourtieth instance where Trump has voiced similar statements since the United States and Israel initiated their conflict. There are still several significant issues remaining between the parties—such as financial matters, penalties, nuclear concerns, and Israel's continuous confrontation with Hezbollah in Lebanon.
Track Ants for the newest updates on June 13, 2026, here.