Iran says final US war agreement not yet reached despite Trump's MoU claim

Iranian President Masoud Pezeshkian said on X that a final agreement to end the war between Iran and the United States has not yet been reached, despite US President Donald Trump celebrating a memorandum of understanding (MoU) between the two countries. Pezeshkian called the MoU an important step toward stopping the war and starting negotiations, but stressed Iran has prepared for all options and will not submit to humiliation.

The Strait of Hormuz, a key oil shipping route, appears in related developments: Trump announced the deal would authorize opening the Strait, Iran warned its "sword will always hang" over the waterway, and the US has shot down Iranian attack drones there. These actions keep the route tense and influence global oil market sentiment, which can affect fuel prices in Nigeria.

Trump said the deal will be signed on Friday, launching a 60‑day negotiation period covering nuclear issues and regional security. While the MoU suggests progress, Iran’s president warns that no final deal exists yet. Follow credible news for updates, as shifts in Hormuz tensions or oil prices could impact your transport costs and household budget.

SOURCE: https://dailypost.ng/2026/06/16/war-final-agreement-not-yet-reached-irans-president/