Trump Halts Iran Strikes, Claims Deal Near as Signing Location to Be Announced
US President Donald Trump cancelled a third consecutive day of strikes on Iran, saying a deal with Tehran has been "approved" and that a signing time and place will be announced shortly. The pause follows days of US airstrikes and Iranian retaliatory missile attacks on US regional bases.
What happened
President Trump called off a planned third day of US airstrikes against Iran on June 12, 2026, stating that a deal with Tehran is close to finalisation and that the signing details will be announced soon. The halt comes after two consecutive days of US strikes and retaliatory missile barrages by Iran's Islamic Revolutionary Guard Corps (IRGC) targeting US military bases in the region. Earlier the same day, Trump had threatened further escalation, including taking Iran's Kharg Island and targeting other oil infrastructure.
Why it matters
An active military exchange between the US and Iran carries major risks for global oil supply, regional stability, and the safety of US military personnel and civilians across the Middle East. A halt in strikes and a potential deal — if it holds — could de-escalate one of the most serious US-Iran confrontations in decades. However, the situation remains fluid and unconfirmed details of any agreement could shift rapidly.
What could happen next
Trump indicated a formal signing of a deal is imminent, with a time and place to be announced. Whether Iran publicly confirms the same terms will be a key indicator of whether the diplomatic pause holds.
Context
Kharg Island handles the vast majority of Iran's crude oil exports. Any strike on it would significantly disrupt global oil supply. A ceasefire framework between Washington and Tehran established in April 2026 had been under increasing strain in the lead-up to this exchange of strikes and counter-strikes.