Israel's Netanyahu is speaking after his the Security Council meeting and says:
- Military operations against Hezbollah are not yet over.
- The fire on the Iranian front is contained. If they fire again we will respond forcefully
- He calls Hezbollah and Iran weaker than ever, but acknowledges that the struggle is not over
- Says that Iran intended to attack Israel with missiles, and if they had not acted in time, would not be here today.
- Repeats that Iran will not have a nuclear weapon.
- Told Trump that Israel has the right to self-defense.
President Trump said earlier today that Israel would accept any agreement reached between the United States and Iran. Reports also suggest that Trump has urged Israeli Prime Minister Netanyahu to refrain from launching additional strikes on Iran. However, recent developments indicate that Israel may not be fully aligned with that request.
The challenge for negotiators is that while peace agreements typically require two parties to come together, this situation effectively involves three key actors—the United States, Iran, and Israel. That dynamic is complicating efforts to move the process across the finish line.
Importantly, the long-awaited Memorandum of Understanding (MOU) remains unsigned. Negotiators have reportedly reached a tentative agreement on the text of a 60-day framework, but neither side has formally approved it. President Trump has yet to provide final authorization, and Iran's Supreme Leader has not publicly endorsed the proposal.
According to reports, the proposed one-page, 14-point agreement would formally end hostilities, establish a moratorium on Iranian nuclear enrichment, require Iran to remove all mines from the Strait of Hormuz within 30 days, gradually ease the U.S. naval blockade of Iranian ports, and launch a 30- to 60-day negotiation period aimed at reaching a comprehensive agreement on Iran's nuclear program, sanctions relief, and frozen Iranian assets.
Several significant issues remain unresolved. These include the disposition of Iran's existing uranium stockpile, the future status of Lebanon, the timing and scope of sanctions relief, and Iran's insistence that any agreement recognize its sovereignty claims regarding the Strait of Hormuz. That position conflicts with language currently contained in the draft framework.
Iranian state media has pushed back against President Trump's characterization that the agreement is largely complete. Trump stated on Truth Social that a broader deal has been "largely negotiated" and that the Strait of Hormuz would be reopened. Vice President Vance has also acknowledged progress but cautioned that it remains uncertain whether or when the agreement will ultimately be signed.
Both sides indicated over the weekend that a signing announcement could come within days. However, similar expectations have surfaced multiple times during the negotiation process, leaving markets and observers waiting for a definitive breakthrough before declaring success.
