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Iran latest: Questions remain as US-Iran peace deal nears signing

By  and 
FOX Local
Iran War
Published June 17, 2026 6:57 AM CDT
Published June 17, 2026 6:57 AM CDT

The Brief

    • Another attempt in the Senate to pass a war powers resolution on Tuesday fell short.
    • Iran’s top diplomat said the deal called for Israel to withdraw from Lebanon, but a U.S. official pushed back on that claim.
    • Senior U.S. officials talked about the possibility of releasing frozen Iranian assets and the possibility of a fund to help rebuild Iran.

Many questions remain unanswered about the peace agreement between the U.S. and Iran that is expected to be signed on Friday in Switzerland, and some disputes about what is in the pact have emerged.

On Tuesday, the Senate voted again to pass a war powers resolution that would rein in the Trump administration’s prosecution of the conflict despite the fact a peace deal is expected to be signed in just a few days. The measure narrowly failed, but senators from both sides of the aisle have expressed frustration over the White House not sharing details about the agreement.

What the deal means for the conflict in Lebanon appears to be disputed. Iran’s Foreign Minister Abbas Araghchi said it would require Israel to end its occupation of Lebanon. A U.S. official told The Associated Press on the condition of anonymity that the agreement does not call for Israel to withdraw, and Israeli Prime Minister Benjamin Netanyahu previously said that the country’s forces would remain "as long as necessary."

An Iranian flag is placed in the ruins of the data center building of Sharif University of Technology after a U.S.-Israeli missile strike on April 7, 2026 in Tehran, Iran. Photo by Kaveh Kazemi/Getty Images)

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Senior U.S. officials said Iran’s frozen funds could be released and discussed the possibility of a $300 billion fund to help rebuild Iran if Tehran meets certain benchmarks. President Donald Trump, however, said that the U.S. would not "invest" funds in Iran.

Here’s the latest: 

Trump: Iran could face ‘ultimate consequences’ if they obtain a nuclear weapon

6:45 a.m. ET: Speaking at the G7 Summit, President Trump issued a bold warning if Iran were to acquire a nuclear weapon. 

"And if they do, they suffer unbelievable consequences," Trump said. "Not just a little bit — I won’t even tell you the consequences, but the consequences are the ultimate consequences."

"They will not develop, purchase, buy or any other thing," he went on to say. "They’re not going to acquire a nuclear weapon. If they do, all hell will rain down on them."

The Source: Information for this article was taken from FOX News and The Associated Press. This story was reported from Orlando.


 

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