A deal with U.S. ‘has never been closer’, says Iran

Iran's Foreign Minister claims that a preliminary agreement with the U.S. is closer than ever, despite President Trump dismissing reports of specific deal terms as 'fake news'. The potential agreement reportedly involves the release of frozen funds and a ceasefire, though official details remain unconfirmed.
Why it matters
This represents a high-stakes diplomatic development in the ongoing U.S.-Iran conflict, with significant implications for global oil markets and regional stability in West Asia.
A day after U.S. President Donald Trump backed away from a threatened attack on Iran, claiming progress in talks, Iran’s Foreign Minister Abbas Araghchi said on Friday (June 12, 2026) that Washington and Tehran have “never been closer” to reaching a preliminary agreement.
The article presents both the Iranian government's claims and the U.S. President's rebuttal without taking a definitive stance on the veracity of the deal.
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