Latest developments linked to the agreement between Iran and the US

The United States and Iran are on the cusp of signing a protocol of agreement in Switzerland on Friday, aiming to conclude a conflict that erupted on February 28 following Israeli-American attacks on Iran. The hostilities caused thousands of deaths, regional chaos, and significant disruption to the global economy.

The text of the agreement, released by U.S. authorities, outlines Iran's commitment to dilute its highly enriched uranium reserves under the watchful eye of the International Atomic Energy Agency (IAEA). This process would occur within a two-month negotiation period following the protocol's signing. In return, Washington pledges to facilitate the creation of a $300 billion fund dedicated to Iran's reconstruction and development, contingent on a final agreement.

Furthermore, Iran would be authorized to resume its oil sales immediately after the protocol's signing. All sanctions imposed on the country would be lifted if a definitive agreement is reached at the conclusion of subsequent negotiations. The agreement is expected to be signed by Iranian chief negotiator Mohamad Baqer Qalibaf and U.S. Vice President JD Vance, although Iranian diplomacy is considering having the presidents, Masud Pezeshkian of Iran and Donald Trump of the U.S., sign the document.

However, U.S. President Donald Trump issued a stern warning, stating that military action would resume if Iran "does not behave." "If Iran 'doesn't behave,' we will go back to 'dropping bombs,'" Trump declared at the G7 summit in Evian, France. The U.S. has also shared a copy of the protocol with Israel. Meanwhile, Israeli forces conducted bombings in southern Lebanon, targeting areas near Nabatiyeh. Although the intensity of the conflict between Israel and Hezbollah, an Iranian ally, has decreased since the agreement's announcement, it has still resulted in five deaths. The Iranian army has warned of a "severe response" if Israel does not cease its "aggression."

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If Iran 'doesn't behave,' we will go back to 'dropping bombs.'