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Prime Minister Shehbaz Sharif said the Islamabad MoU takes immediate effect, with Iran reopening the Strait of Hormuz and the US lifting its naval blockade ahead of Friday's official signing ceremony in Switzerland.Fidan told the prestigious MGIMO university — which counts Russian Foreign Minister Sergey Lavrov among its alumni — that the honor recognized the deep bond between Türkiye and Russia, calling diplomacy the only effective tool for resolving regional disputes amid shifting global power dynamics and warning against strategic miscalculation during the transition to a multipolar order.Türkiye's national team is focused on securing a crucial victory against Paraguay in its second Group D match as it seeks to recover from an opening defeat to Australia. Goalkeeper Uğurcan Çakır said "the first match was not a final" and the team still has six points to play for.President Recep Tayyip Erdogan said he welcomes the agreement reached between Washington and Tehran as an important development for regional stability, urging all parties to refrain from rhetoric and actions that could escalate tensions until the official signing ceremony scheduled for June 19 in Switzerland.Iran's Supreme Leader Mojtaba Khamenei declared on Monday that Israel's "shaky Zionist regime" has only a limited time remaining, his remarks coming amid a sharp escalation that saw Tehran launch missiles at northern Israel and Israeli warplanes strike multiple Iranian cities including the capital.

Prime Minister Shehbaz Sharif said the Islamabad MoU takes immediate effect, with Iran reopening the Strait of Hormuz and the US lifting its naval blockade ahead of Friday's official signing ceremony in Switzerland.Fidan told the prestigious MGIMO university — which counts Russian Foreign Minister Sergey Lavrov among its alumni — that the honor recognized the deep bond between Türkiye and Russia, calling diplomacy the only effective tool for resolving regional disputes amid shifting global power dynamics and warning against strategic miscalculation during the transition to a multipolar order.Türkiye's national team is focused on securing a crucial victory against Paraguay in its second Group D match as it seeks to recover from an opening defeat to Australia. Goalkeeper Uğurcan Çakır said "the first match was not a final" and the team still has six points to play for.President Recep Tayyip Erdogan said he welcomes the agreement reached between Washington and Tehran as an important development for regional stability, urging all parties to refrain from rhetoric and actions that could escalate tensions until the official signing ceremony scheduled for June 19 in Switzerland.Iran's Supreme Leader Mojtaba Khamenei declared on Monday that Israel's "shaky Zionist regime" has only a limited time remaining, his remarks coming amid a sharp escalation that saw Tehran launch missiles at northern Israel and Israeli warplanes strike multiple Iranian cities including the capital.

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Trump says US must return frozen Iranian funds

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08:19, 18/06/2026, ThursdayU: Update: 10:10, 18/06/2026, Thursday

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Trump says US must return frozen Iranian funds

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Speaking at the conclusion of the G7 summit in France, US President Donald Trump said Wednesday that Washington will have to return frozen Iranian funds held by the United States, warning that failing to do so would cause international investors to permanently lose faith in the dollar as a global reserve currency and undermine American financial credibility.

Return of frozen funds

US President Donald Trump said Wednesday that Washington must return frozen Iranian funds. "We have taken a lot of their money, and we have their money," he said at the G7 summit's close in France, warning that retaining the assets would destroy global confidence in the dollar.

Dollar credibility

"It's not our money, it's their money, and we froze it at a certain point in time," he said. "I guess we're going to have to give it back, you know, if we didn't give it back, nobody would ever invest in the dollar again."

Trump did not specify the amount of frozen assets held by US institutions. The remarks came at the conclusion of the G7 summit in France.

Titles :donald trump trump iran g7 summit frozen assets us dollar sanctions us-iran relations

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