US-Iran News Highlights: PM Modi welcomes US-Iran peace deal, says India hopes the MoU will restore peace and stability

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UN Human Rights Chief hopes the Iran-US peace agreement will bring relief to the Lebanese people dragged into the Israel-Hezbollah war, urges an immediate end to hostilities in Lebanon and the withdrawal of Israel from Lebanese territory.

Authorities in southern Lebanon warned people displaced by three months of war between Israel and Hezbollah against rushing home on Monday despite a U.S.-Iran deal to end the wider conflict, as Israel said it would not withdraw troops from the south.

Egypt welcomed Monday an agreement announced by the United States and Iran to end the Middle East war, saying it could be a "turning point" for peace in the region.

Lebanese Parliament Speaker Nabih Berri welcomes the US-Iran deal, thanks both countries and the mediators.

Prime Minister Narendra Modi on Monday welcomed the US-Iran peace deal. In a post on X, he wrote, "I welcome the understanding reached between the United States and Iran on ending the conflict in West Asia, which has caused serious economic disruption across the world and led to loss of life in many countries.

India hopes that the implementation of this understanding will help restore peace and stability in the region and ensure the freedom of navigation and commerce."

UK Prime Minister Keir Starmer on Monday (local time) released a statement on the US-Iran peace deal. Welcoming the deal, Starmer congratulated Trump and called it a “hugely important step forward in ending the war.”

China welcomes the US and Iran reaching an MoU, Beijing's foreign ministry says on the US-Iran agreement to end war.

The proposed US-Iran peace deal and the reopening of the Strait of Hormuz could bring much-needed relief to India's shipping sector. For the full report, click here.

Israel will not withdraw from territory it seized in Lebanon and if Iran attacks Israel due to events in Lebanon, Israel will retaliate, Israel's Defence Minister Israel Katz said in a statement on Monday.

European Council President Antonio Costa welcomed the US-Iran peace deal. In a post on X, he wrote, “I welcome the agreement just announced between Washington and Tehran. I look forward to an end to this costly war and to the full restoration of freedom of navigation in the Strait of Hormuz.”

He added, “Weapons must now fall silent, and outstanding differences must be resolved by peaceful means, in accordance with international law. The European Union is ready to contribute to advancing a comprehensive strategy for lasting peace across the Middle East.”

Lebanon reported on Monday that over the past hour, several Israeli attacks in different parts of southern Lebanon, despite the US-Iran deal that Tehran said would include a stop to attacks on Lebanon, the country's National News Agency (NNA) said.

1. Field Marshal Asim Munir: Pakistan's Army Chief, has played a crucial role in shaping Islamabad's mediation efforts, making it the country's most significant diplomatic intervention in decades
2. Shehbaz Sharif: The Prime Minister of Pakistan has taken a prominent role as a mediator in the discussions, revealing on X this past Saturday that the agreement is expected to be finalised "within the next 24 hours" and signed electronically.
3. Ishaq Dar: Pakistan's Deputy Prime Minister and Foreign Minister has played a crucial role in Islamabad's mediation efforts. He has engaged in talks with US Secretary of State Marco Rubio, Iranian Foreign Minister Araghchi, and foreign ministers from numerous countries around the world.
4. Mohsin Naqvi: Pakistan's Interior Minister, a key ally of Army Chief Munir, travelled to Tehran multiple times for meetings with the Iranian leadership as part of Islamabad's push to de-escalate tensions in the region.

1. Ali Larijani: The secretary of the powerful Supreme National Security Council was the de facto leader of Iran after the assassination of Supreme Leader Ali Khamenei on February 28 until his own killing in mid-March in US-Israeli strikes.
2. Abbas Araghchi: Iran's Foreign Minister emerged as one of the most influential voices during the conflict with the US.
3. Mohammad Bagher Ghalibaf: Iran's Parliamentary speaker Ghalibaf, who is viewed as a hardliner, has been a key figure in the peace talks with the US. Ghalibaf was Tehran's chief negotiator in the first direct talks with Washington in decades, held in Islamabad in early April.

1. Donald Trump: The US president, who has focused much of his second-term foreign policy on the idea that he is a peacemaker, has been the driving force behind the push for a deal with Iran
2. JD Vance: The US vice president has played a pivotal role in the administration's war cabinet, helping shape Washington's negotiating posture as the conflict entered its fourth month.
3. Steve Witkoff: President Donald Trump's special envoy for the Middle East, led the negotiations in back-channel talks with Iranian interlocutors.
4. Jared Kushner: Trump's son-in-law and a former senior White House adviser, now operating in an informal capacity, has been part of the broader American diplomatic effort

Indian government bonds gained and the 10-year benchmark yield dropped to a 12-week low on Monday, following a rally in global bond markets. Click here to read the full report.

The announced deal between the United States and Iran marks a "potential breakthrough" in the war and the EU will now weigh how it can be involved in the next phase, EU foreign policy chief Kaja Kallas said on Monday.

Israeli leader Itamar Ben-Gvir on Monday said, “Trump's agreement does not bind us. Israel is not subject to the United States, and we are an independent and sovereign nation!”

An agreement between Iran and the US should allow for the immediate reopening of the Strait of Hormuz, says European Commission President Ursula von der Leyen

Gold rose after the US and Iran announced a deal to end hostilities and reopen the Strait of Hormuz, which is likely to ease global inflation fears and could temper expectations for interest-rate hikes.

Bullion jumped as much as 2.1% to above $4,300 after US President Donald Trump announced on social media that “The Deal with the Islamic Republic of Iran is now complete.”