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Iran

June 18, 2026

Tehran 3:37 pm

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A shop owner counts Iranian banknotes at a store in the capital Tehran on Jan. 7, 2026.

How Iran stands to win major financial relief in Trump-backed deal

Iran will receive some upfront sanctions relief despite the Trump administration's pledge of “no dust, no dollars.”

A general view shows the Awad oil field in the eastern Qamishli countryside in northeastern Syria, on Feb. 9, 2026.

Explainer

Oil’s slide wavers as Trump warns US-Iran deal ‘not final’

Brent crude prices briefly jumped back above $80 per barrel on Wednesday as traders digested conflicting signals about efforts to end the war and reopen Hormuz.

Iran's parliament speaker Mohammad Bagher Ghalibaf speaks with Tehran's Chamber of Commerce, June 17, 2026.

After US-Iran deal, Ghalibaf says Tehran seeks deeper ties with China

“China must believe and will believe that we are not just a customer or a trading partner, but a partner in every sense,” Ghalibaf said.

Trump

Read the full 14-point US-Iran deal

The US will issue waivers for Iranian oil sales upon the deal's signing, and Iran will have access to its frozen funds upon implementation.

Latest News

Trump says deal 'not final,' warns Iran to 'behave' or face renewed strikes

US President Donald Trump arrives to attend a musical interlude before a gala dinner as part of the G7 summit, in Evian, eastern France, on June 16, 2026.

Analysis

Why Iran's hard-liners are turning on each other over US deal

An Iranian woman waves a national flag at Valiasr Square in Tehran on June 15, 2026.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

Scrutiny builds over Iran deal kept from lawmakers

Snipers set up their positions above of the US Capitol on Feb. 24, 2026 in Washington, DC.

Elizabeth Hagedorn

Diplomatic Correspondent

In Washington, DC, reporting on diplomacy, regional politics, human rights

Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

A correspondent in Tehran

In Tehran, reporting on politics

Benjamin Houghton

In Durham, reporting on China in the Middle East

Rahim Rahimov

In Baku, reporting on Middle East-Caucasus ties

Mehrnaz Samimi

In Washington, DC, reporting on Iranian culture

EDITORS' NOTE: Reuters and other foreign media are subject to Iranian restrictions on leaving the office to report, film or take pictures in Tehran.

An Iranian man walks past a currency exchange shop in northern Tehran January 3, 2012. The Iranian rial fell to a record low against the dollar on Tuesday following U.S. President Barack Obama signing a bill on imposing fresh sanctions against the country's central bank. REUTERS/Morteza Nikoubazl (IRAN - Tags: BUSINESS POLITICS) - RTR2VU6Z

Treasury secretary says US financial system will stay closed to Iran

US refusal to allow “U-turn transactions” involving the US dollar undermines sanctions relief for Iran.

Demonstrators hold placards showing a portrait of Maryam Rajavi, President of the National Council of Resistance of Iran (NCRI), during a protest against Iran's President Hassan Rouhani in Vienna, Austria, March 30, 2016. REUTERS/Leonhard Foeger - RTSCU95

Why did Rouhani pull out of Austria visit?

The recent abrupt cancellation of a planned visit by Iran’s President Hassan Rouhani to Austria is raising a great deal of speculation.

Iranian-made Emad missile is displayed during a ceremony marking the 37th anniversary of the Islamic Revolution, in Tehran February 11, 2016. REUTERS/Raheb Homavandi/TIMA ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. FOR EDITORIAL USE ONLY. - RTX26GRZ

Kerry’s comments on Iranian missiles strike nerve in Tehran

Iranian officials have rejected Secretary of State John Kerry’s suggestion of a “new arrangement” with Iran over issues such as their missile program.

Will Iran's king of singing come back to the Iranian stage?

After having been struck by cancer, blacklisted Iranian classical singer Mohammad Reza Shajarian may soon be back on the air in the Islamic Republic.

Saudi-Iran rivalry spills into UN Human Rights Council

While Iran was unhappy with the renewal of Ahmed Shaheed’s mandate as special rapporteur for Iran, it appears to be even more irritated over how Saudi Arabia, the UAE and Qatar voted in favor of the measure at the UN Human Rights Council.

Iran's President Hassan Rouhani speaks during a news conference in Islamabad, Pakistan, March 26, 2016. REUTERS/Faisal Mahmood - RTSCBFN

Despite criticism, Rouhani calls for more international deals

President Hassan Rouhani warns that opportunities arising from the nuclear deal won't last forever and Iran must take advantage of them and engage with the world.

Rafsanjani denies closing his social media accounts

The office for Ayatollah Akbar Hashemi Rafsanjani denied that he would be closing his social media accounts after criticism for a tweet.

Iran hopes to get its trains back on track

The development of Iran’s railways has been slow in the past decades, but the sector might finally be getting the attention it deserves.

U.S. Senator Bob Corker (R-TN) talks to reporters after the weekly Republican caucus policy luncheon at the U.S. Capitol in Washington May 12, 2015. REUTERS/Jonathan Ernst - RTX1CO22

Congress split over Iran's access to the dollar

Key lawmakers disagree on whether banking restrictions would violate nuclear deal.

Trump's unlikely Iranian fans

Though seemingly opposed to each other, the reality is that US Republicans and Iranian hard-liners play complementary roles for each other, as they give one another excuses to advance their respective domestic agendas.

IRGC rejects Obama's 'spirit' of nuclear deal

The head of the Islamic Revolutionary Guard Corps has rejected calls by the Obama administration to use the comprehensive nuclear deal banner to implement other changes, arguing that the agreement has not benefited the Iranian public.

Iraq's Foreign Minister Ibrahim al-Jaafari speaks during a news conference with Russia's Deputy Prime Minister Dmitry Rogozin in Baghdad, Iraq February 11, 2016. REUTERS/Khalid al Mousily - RTX26I5W

Why Iraqi-Saudi ties are backsliding yet again

After Iraq’s foreign affairs minister defended Hezbollah, which is considered a terrorist group by the Gulf Cooperation Council and the Arab League, Gulf-Iraqi ties may worsen.