Iran
US and Iran sign deal, but who really won? Here's what to know
Trump signed the framework deal at Versailles while Pezeshkian signed in Tehran, pledging to reopen the Strait of Hormuz and triggering 60 days of further talks. Analysts say the terms leave Tehran in a stronger position than the deal's framing suggests.
Lebanon
Israel says one soldier killed in Lebanon following Wednesday clashes
Israeli officials close to Netanyahu say the Likud leader has no intention to give up positions in Lebanon and are engaged in negotiations with the US following the announcement of an initial deal with Iran to halt hostilities.
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Europe Today
Besides Trump, nobody believes deal will last, former US general says
Retired US General Ben Hodges believes the situation is now "much worse" than four months ago. With Israel and Lebanon left out of the deal between the US and Iran, Hodges thinks the potential for Israel and Hezbollah to "resume fighting is really high".
Europe News
Shipping industry wary of resuming Strait of Hormuz navigation
The world's most important energy chokepoint may soon reopen, but insurance markets must regain confidence for the shipping sector to resume normal navigation. Meanwhile, Germany has dispatched two naval vessels for a possible mine clearance operation.
Markets
Oil sinks further as US and Iran strike deal to end war
Crude prices fell further on Thursday after the US and Iran formally signed a memorandum of understanding aimed at ending the war and reopening the Strait of Hormuz, while equity markets gave a mixed verdict in the wake of the Federal Reserve's latest decision.
Economy
Oil sinks to three-month low as IEA warns stocks at 35-year low
Oil prices fell below $80 per barrel as markets grew increasingly confident that the effective closure of the Strait of Hormuz is coming to an end. This comes as strategic oil reserves in advanced economies have fallen to their lowest level since 1990, according to the IEA.
Iran
Iran coach calls team World Cup's 'most oppressed' after US exit order
Amir Ghalenoei said his side was ordered to fly back to Tijuana hours after Monday's 2-2 draw with New Zealand, while captain Mehdi Taremi called it "a disaster for us," adding that the team's "goal and wish is to pursue peace and happiness".
Iran
Ships start to trickle through Hormuz, but question of control lingers
Trump said the strait would be "completely open" by Friday, but key details over who will manage the crucial waterway remain unresolved. Meanwhile, Iran has made further claims that it will control Hormuz in the future based on its interpretation of the framework deal with the US.
World News
US allies propose to lead demining mission of Strait of Hormuz
Trump appeared hesitant to accept the European proposal, stressing that the strategic waterway will become open and safe thanks to his tentative deal to end the war with Iran, but remained open to the idea of some naval presence to ensure water safety for commercial passage.