Daily brief
President Trump called off planned military strikes against Iran and announced that a settlement has been reached, touting a 'great' deal expected to be signed in Europe this weekend, though Iran has not confirmed the agreement. Iranian Foreign Minister Abbas Araghchi stated that a deal with the United States 'has never been closer,' a sentiment echoed by Pakistan, which is acting as a moderator. The UN said it is 'encouraged' by talk of a possible ceasefire deal, while reports suggest a memorandum of understanding could be signed in Geneva around the G7 meeting.
Iran published what it said were details of a 14-point draft agreement with the US, while Trump accused Iran of leaking false deal terms.
Iran demanded $300 billion to end the war, and a White House official said Tehran agreed to a 'performance-based deal' requiring concessions.
South Asian and Gulf leaders reportedly raced to stop Trump from striking Iran and presented him with a deal.
Iran condemned a US attack on a ship that killed three Indian sailors as 'armed robbery and state piracy.'