G7 Welcomes Iran Deal Outline but Presses for Lebanon Ceasefire

World leaders at the G7 summit in Evian-les-Bains confronted the practical limits of a tentative U.S.-Iran agreement that has yet to produce a public text or resolve linked conflicts. The deal extends an April ceasefire by 60 days and envisions reopening the Strait of Hormuz, yet leaves Israeli forces in southern Lebanon and leaves Iran's nuclear stockpile and missile program for later talks.

G7 members issued a joint statement welcoming the interim accord while demanding an immediate robust ceasefire in Lebanon and the disarmament of Hezbollah. They also pledged to help secure shipping lanes once the strait reopens and to accelerate diversification of energy routes. A British-French coalition is preparing naval measures, and a $300 billion reconstruction fund financed by Gulf states is referenced in the memorandum of understanding signed this week.

President Trump told reporters the agreement would advance on schedule and that Iran seeks normalized economic ties. He separately urged Israeli Prime Minister Benjamin Netanyahu to show greater restraint in Lebanon. Israeli officials, excluded from the bilateral talks, have said they will not withdraw forces and retain the right to act against Hezbollah. Iranian diplomats have conditioned a permanent truce on an Israeli withdrawal.

The same summit brought AI company executives including OpenAI's Sam Altman and Anthropic's Dario Amodei to a working lunch focused on frontier risks, infrastructure, and online child safety. Discussions of export controls and specific unreleased models remain unverified in official records.

Oil prices fell below $80 a barrel on prospects of resumed Hormuz traffic. Casualty figures from the preceding conflict exceed 7,000, concentrated in Iran and Lebanon. Separate conversations on Ukraine produced no new commitments.