Trump signs US‑Iran peace deal at Versailles during G7 summit

On 17‑18 June 2026, during the Group of Seven summit in Evian‑les‑Bains, French President Emmanuel Macron hosted a late‑night dinner at the Palace of Versailles. U.S. President Donald Trump used the occasion to sign a 14‑point Memorandum of Understanding with Iran, announcing a cease‑fire on all fronts, the reopening of the Strait of Hormuz and the launch of a 60‑day process to negotiate a final agreement. The pact calls for the immediate removal of the U.S. naval blockade within 30 days, phased sanctions relief and the resumption of commercial shipping, with the aim of lowering global oil prices. Macron hailed the step as “an important step toward lasting peace” and said it would help “re‑open the Strait of Hormuz”. Trump told reporters, “I signed it in Versailles,” and later posted on Truth Social that “there is no 300 billion‑dollar payment to Iran – Fake News!”. The agreement prompted mixed reactions: U.S. Republicans praised the peace effort, while hawkish members of Congress criticised its perceived leniency. The G7 issued a joint statement endorsing Ukraine and noting the Middle‑East breakthrough, underscoring the diplomatic weight of the Versailles signing.