Tehran has agreed to let the International Atomic Energy Agency (IAEA) recommence inspections of its nuclear programme, U.S. Vice President JD Vance has said. The U.S. and Iran have settled on a 60-day roadmap aimed at reaching a final deal, according to mediators Qatar and Pakistan.
Iran’s Islamic Revolutionary Guard Corps said safe passage through the Strait of Hormuz is only possible via routes designated by Iran.
It rejected a newly announced maritime route, saying it was not coordinated with Tehran and poses a safety risk. The IRGC warned it will take action against vessels that fail to comply with its requirements.
U.S. President Donald Trump has asked Congress for an additional $87.6 billion in emergency funding, with most of it tied to the war with Iran.
The request includes $67.15 billion for the military on top of the roughly $1 trillion already approved last year and the $1.5 trillion proposed for next year.
The White House said the funds would cover war operations, military personnel, weapons stockpile replenishment, and classified programmes. Of that, $21 billion is earmarked for munitions procurement and strengthening U.S. industrial capacity.
U.S. President Donald Trump said it may never be known who was responsible for the deadly strike on a girls’ school in Minab, Iran, on 28 February.
The strike killed more than 175 children and teachers, according to Iranian officials.
Trump said the incident happened amid heavy missile exchanges and suggested it may be impossible to determine responsibility.
“I don’t think it was us,” he told reporters.
The Pentagon has elevated its investigation but has not publicly confirmed any preliminary findings. The strike triggered global outrage, with the United Nations human rights office calling it “absolutely horrific.”
Israel’s prime minister, defence minister, and military chief said the military will continue to act to “neutralise” threats against Israeli soldiers and civilians, according to a joint statement after a security discussion.
They also said operations will continue to demolish militant infrastructure and maintain the security zone in southern Lebanon.
The statement added that the security of Israeli citizens and IDF forces will remain the “guiding principle without compromise.”
Iran’s top negotiator Mohammad Bagher Qalibaf said Tehran has agreed to establish a communication line on ship passage through the Strait of Hormuz to prevent conflict and incidents in the vital shipping route.
Speaking to Iranian state TV after returning from talks with the United States in Switzerland, Qalibaf also said the release of $12 billion in frozen Iranian assets had been finalised as part of the negotiations.
U.S. President Donald Trump said in a post on Truth Social on Monday that Iran will agree to have weapons inspections to ensure "nuclear honesty" long into the future, echoing comments made by Vice President JD Vance.
President Tayyip Erdoğan told Iranian President Masoud Pezeshkian on Monday that Türkiye welcomed the agreement reached between Iran and the United States and was ready to provide any support needed to help the process conclude peacefully, Erdoğan's office said.
In a phone call, Erdoğan said it was important to remain vigilant against attempts to sabotage the negotiations and that new steps to strengthen regional peace were both necessary and important, according to a statement from his office.
Iran's top negotiator Mohammad Baqer Qalibaf is on his way to Oman to discuss joint efforts to "consolidate" Iranian arrangements for managing shipping in the Strait of Hormuz, according to a statement on his Telegram channel on Monday.
The Iranian delegation also includes Foreign Minister Abbas Araqchi, the statement said.
The U.S. Treasury Department on Monday issued a general license that allows Iran to produce, supply and sell crude oil, petrochemicals and petroleum products originating from Iran.
The license is valid till 21 August, 2026.
Inspections of Iran's nuclear programme by the International Atomic Energy Agency (IAEA) could begin this week, U.S. Vice President JD Vance has said.
He said that Iran had agreed to invite IAEA inspectors back and said that the inspections could begin this week, even today.
Vance added that a lot of "good progress" was made during the talks with Iran in Switzerland.
Egypt, Saudi Arabia, Jordan and the United Arab Emirates (UAE) have endorsed the U.S.-Iran agreement reached through the Islamabad Memorandum framework and publicly welcomed Pakistan's role in facilitating negotiations alongside Qatar.
The endorsement came after Washington and Tehran agreed to a 60-day roadmap toward a final peace agreement in Switzerland.
Iranian Foreign Ministry Spokesman Esmaeil Baghaei has hailed "good progress," made during talks between Tehran and Washington in Switzerland, in an interview with Iran's state news agency, IRNA, on Monday.
Iranian and U.S. negotiators have agreed upon a 60-day roadmap aimed at reaching a final deal, mediators Pakistan and Qatar have said in a joint statement.
Describing talks between the two sides as "positive and constructive," the statement said that a mechanism had been created for further technical talks between Tehran and Washington.
Oil and petroleum exports have been waived, the U.S. naval blockade has been lifted, some frozen assets have been released and a major reconstruction and development plan for Iran has been launched, Iranian Foreign Minister Abbas Araghchi has said.
Araghchi, who is attending the Iran-U.S. peace summit in Switzerland, added that "tireless" Pakistani and Qatari mediation had delivered major progress to end the conflict in Lebanon.
Iranian and U.S. officials continue to trade messages via Qatari and Pakistani mediators, despite Tehran's delegation walking out of face-to-face negotiations after U.S. President Donald Trump threatened Iran over the closure of the Strait of Hormuz.
Iran's semi-official Tasnim News Agency reported that Iranian officials refused to return to the room where talks are taking place in Switzerland, after the comments threatening Iran, made by the U.S. President, became public. Messages were still being traded via Qatari and Pakistani mediators, according to an unnamed source cited by Tasnim.
Just before talks officially began, Fox News reported that Trump said he told Iranian officials, "you won't have a country" if they tried to close the Strait of Hormuz again. Trump also reiterated an earlier threat that the U.S. would take over the waterway and possibly charge a toll of its own, Fox News said.
A U.S. diplomat involved in the negotiations said talks between the two countries were continuing.
“The Iranians never left and are still here meeting and negotiating deep into the night," the official told Reuters.
"We’ve talked about the Strait, Lebanon, nuclear issues, and details of implementing the MOU [memorandum of understanding], among other topics."
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