President Donald Trump has announced that Washington has reached a "great settlement" that ends the war with Iran.
Iran denied Trump's clam with its foreign ministry saying such reports were "merely speculation."
Iranian state media quoted foreign ministry spokesperson Esmaeil Baghaei as saying, "It has not reached a final conclusion."
According to IRNA news agency, Baghaei admitted that major part of the draft peace proposals had been finalized, but he pointed out, "Americans keep changing their positions", which remains the main hurdle to a final draft.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.