talks

The Kremlin today confirmed it’s in contact with Turkey over the fate of Ankara’s Russian-made S-400 air defense systems. Reports have emerged that Turkey could soon transfer the controversial missiles to an unnamed Gulf state in a move aimed at convincing Washington to lift sanctions and clear the way for Ankara’s return to the F-35 program.

Asked Friday whether Turkey had sought Russia’s approval for the reported transfer, Kremlin spokesman Dmitry Peskov declined to comment on the substance of the report but confirmed Moscow is discussing the issue with Ankara.

“I can say one thing here: this is an extremely sensitive issue. However, we have been in contact with the Turkish side on this matter, and we will continue to maintain contact with them on this issue.”

Reports in the Turkish media say that Ankara is considering transferring its S-400 systems to an unspecified Gulf country, but the Turkish government has not confirmed that.

“According to the information I’ve gathered, the S-400s have been sold to a third country,” journalist Abdulkadir Selvi wrote in the Turkish newspaper Hürriyet on Friday. “The sale will be announced today. The S-400s are going to a country in the Gulf.”

Both the United Arab Emirates and Qatar have been named as potential candidates to receive the systems.

Turkey will announce today the sale of its S-400 batteries to the United Arab Emirates, in order to lift the restrictions on the sale of F-35s to the country.

— Amit Segal (@AmitSegal) July 10, 2026

There were indications at the NATO Summit in Ankara earlier this week that the United States was considering softening its stance on the issue of F-35s for Turkey.

“Why wouldn’t we do that?” U.S. President Trump said when asked if he would let Turkey back into the program. “Turkey, in many ways, has been much more loyal than other countries that we think would be loyal.”

Nevertheless, Turkey’s possession of the S-400 remains a sticking point.

Turkey was removed from the F-35 program in 2019 despite being a manufacturing partner and planning to buy around 100 aircraft after refusing to abandon its purchase of the S-400.

Washington took that decision after Turkey refused to abandon its purchase of S-400 systems, amid security concerns around the Russian-made system and the F-35. By that time, around 30 F-35As had been built for Turkey. Most of these were later transferred to the U.S. Air Force.

It now seems that Turkish President Recep Tayyip Erdogan is willing to give up the S-400s to regain access to the F-35 program.

Turkey bought the S-400 in 2017, but the systems have reportedly spent most of their service life in storage. Separate reports have also questioned the S-400’s combat performance in Indian service during last year’s India-Pakistan conflict.

From Turkey’s perspective, regaining access to the F-35 would deliver far greater long-term military and industrial benefits than retaining the S-400. Lockheed Martin anticipates that by the 2030s, more than 600 F-35s will be operated from more than 10 European countries, including two U.S. Air Force squadrons in the United Kingdom. Turkey would be able to benefit from a significant European operator footprint and, potentially, could reinstate lucrative local production for F-35 components.

In the past, Moscow has said that contractual obligations from the S-400 acquisition prevent it from being resold or transferred by Turkey without formal authorization. However, there is now also the possibility that Russia might want to take back the S-400s to bolster its own air defenses, which are increasingly strained by the ongoing war in Ukraine. As Kyiv piles on the pressure with long-range drone and cruise missile strikes against Russia, getting more S-400s for homeland defense would also be very welcome.

Operators of the NGU special unit “Lasar’s Group” struck an S-400 air defense launcher in the Belgorod region using a heavy bomber drone.

The operation was carried out jointly with the 429th Separate UAV Battalion and the Joint Forces Grouping. pic.twitter.com/FnQp82ZjGc

— Defense of Ukraine (@DefenceU) March 4, 2026

On the other hand, there will still be some resistance to Turkey’s readmission to the F-35 program. Any kind of major defense deal with Turkey involves some kind of pushback from U.S. lawmakers.

As well as the S-400 issue, U.S. lawmakers have historically been concerned about Turkey’s relations with Greece, its other connections with Russia and Azerbaijan (which included the deployment of F-16s to the latter country), its conduct in the Syrian civil war, and human rights abuses. Previously, Turkey’s opposition to Sweden joining NATO also proved to be a significant hurdle.

The process to get Turkey back into the F-35 program would involve a lifting of the sanctions placed on it under the Countering America’s Adversaries Through Sanctions Act (CAATSA). To do this, Trump would need to formally notify Congress that the S-400s are no longer operational, that Turkey no longer possesses any of the systems, and that Ankara has pledged not to pursue similar defense ties with Russia in the future. Congress could still put the matter to a vote if lawmakers were still unconvinced that these conditions have been met.

There have been recent signs that, under Trump in particular, Turkey is getting more access to high-end defense equipment. This reflects broader improvements in Washington’s relationship with Ankara, with Erdogan frequently receiving praise from the U.S. leader.

Last month, reports emerged that the Trump administration planned to go ahead with the sale of dozens of F110 engines required to power Turkey’s homegrown TF Kaan combat jet, despite some resistance from Congress. You can read more about that here.

In early 2024, the U.S. State Department finally approved a possible Foreign Military Sale to Turkey of 40 new F-16C/D Block 70 fighters, which Ankara had long campaigned for, plus the upgrade of 79 existing aircraft to F-16V configuration.

Ankara’s push to regain access to the F-35 has taken on added urgency as rival Greece moves ahead with its own approved purchase of the stealth jets. We explored how that rivalry is reshaping both countries’ air forces in this previous feature.

Moreover, Turkey is looking to modernize its fighter fleet and, denied the F-35 and with F-16 deals moving forward only slowly, it has been forced to look elsewhere to meet its short-term fighter needs. Most notably, it signed a deal for 20 Eurofighter Typhoon jets last year.

A Turkish return to the F-35 program would also have implications for the Kaan program. Renewed defense ties with Washington could ease access to critical technologies and support for the homegrown jet, while acquiring the F-35 would also reduce some of the urgency behind the Kaan, which was accelerated in part after expulsion from the Joint Strike Fighter program. Even so, Ankara has consistently presented the Kaan as a long-term strategic project intended to give it an independent fighter capability rather than simply replace the F-35. It also comes with the option for lucrative exports.

With the strongest signs yet that Ankara is ready to relinquish its S-400s, it would represent a remarkable reversal of one of the most consequential defense procurement decisions in Turkey’s recent history. Whether that proves sufficient to reopen the door to the F-35 program, however, will ultimately depend as much on Congress as on the White House.

Contact the author: thomas@thewarzone.com

“HE just has that youthful energy,” says Ronnie Wood of his Rolling Stones bandmate Mick Jagger.

It’s not a term often used to describe someone in their Eighties but, in this case, entirely accurate.

Anyone who’s seen the consummate frontman in recent times will know he still has the voice, the moves — and the swagger.

Nearly four years Mick’s junior and, at 79, the “baby” of the band, Ronnie could still be forgiven for thinking, “I want some of whatever he’s on.”

But, as the Stones release their high-octane LP Foreign Tongues, Ronnie can also claim to have some of that “youthful energy”.

“I’m the same as Mick,” he tells me. “I’m a Gemini, I’m pulling in all directions — and I’m just loving it.”

serving glam

Lily James wows in a polka dot dress with busty Hannah Waddingham at Wimbledon

J-LO CUT

Jennifer Lopez rocks sheer dress as she attends PFW with rarely-seen sister

By that, he means his ongoing endeavours with the Stones, his work as a highly skilled portrait artist and the not-so-small matter of his first solo tour in years, beginning next week in Austria on a bill with Van Morrison.

Not to mention being husband to wife Sally and dad to their ten-year-old twin daughters Gracie Jane and Alice Rose.

Ronnie continues: “I just love to be inspired and putting my ideas into action — whether it’s on a canvas or through my guitar or harmonica or whatever I’m playing.

“And I even try my hand at singing every now and again!”

Right now, says Ronnie, “I’m in my art studio preparing an exhibition and I’m getting rehearsals together with my band.

“I even had a little rehearsal with Mick because we’re keeping our hands in, keeping our chops together. So, it’s all go.”

The main purpose of our chat is, of course, all things Stones but you’ll hear more about his extra-curricular activities later.

I discover that Ronnie has a wonderfully old-school approach to tech — none of that new-fangled Zoom stuff for him — so he calls me on the dog and bone.

Which means that I have to go half way up a steep hill on the Cornish coast, not far from Land’s End, in an attempt to get decent signal.

Thankfully, the guitar legend comes through loud and clear — and full of enthusiasm.

First, he explains why the Stones have another new studio album of original material in the bag so soon after 2023’s Hackney Diamonds.

(If you remember, the previous one, A Bigger Bang, came out in 2005.)

He replies that American producer Andrew Watt “hadn’t finished with us and we hadn’t finished with him”.

“We just sparked the fire that was already cooking with Hackney Diamonds.”

Ronnie is quick to praise the 35-year-old producer with bleach-blond hair who has worked with Paul McCartney, Ozzy Osbourne, Lady Gaga and Post Malone.

“We’re on to a good one there,” he says. “The Stones haven’t had someone with so much input since Jimmy Miller.”

Praise indeed because Miller produced a stellar run of consecutive albums — Beggar’s Banquet, Let It Bleed, Sticky Fingers, Exile On Main St and Goat’s Head Soup — between 1968 and 1973.

Ronnie adds: “Andrew’s a big fan of ours and he knows what he’s talking about. He can play different instruments and knows my guitar playing better than I do.”

So what was the catalyst for Foreign Tongues? “We had a few tracks like Covered In You left over,” replies Ronnie.

“But basically we started reworking all these songs that Mick had been kicking around, some with Keith, and some by himself. Mick would come to us, saying, ‘Look, I’ve got this idea — let’s develop it’.

“The Stones are his plaything, so I just let him take the helm and get on with it. It’s great.”

Key to the success of Foreign Tongues, a big beast of an album with 14 tracks spanning 63 minutes, was a gathering in London to bring the project to fruition.

Ronnie explains: “We started working in New York at Electric Lady, then we took it to Henson studio in LA and messed around with it there — but we finished off the whole thing at Metropolis in Chiswick.

“It was a great feeling to be in London, to go down to the studio that was not far [from where I live] with all the boys there.”

Ronnie wallowed in the “great studio atmosphere” and was particularly chuffed to have an old mucker like Steve Winwood on board — “he was so lovely”.

Steve, who plays organ or piano on nine of the Foreign Tongues songs, came to prominence in the early Sixties as a fresh-faced teenager in The Spencer Davis Group.

Stints in Traffic and Blind Faith were followed by his hugely successful solo career with hit Eighties albums including Arc Of A Diver and Back In The High Life.

Ronnie says: “The Americans had Little Stevie Wonder and Britain had Little Stevie Winwood.

“I first met him at The Ship pub on Wardour Street and he’s one of the only musicians from my era who’s younger than me.” (Ronnie was born in 1947 and Steve a year later.)

Back in the day, The Ship was one of Ronnie’s favourite haunts because of its proximity to fabled music venues like The 100 Club and The Marquee.

He says: “I used to meet all the musicians in this packed little pub. Just up the road, I met Rod Stewart for the first time in the Intrepid Fox. He came up to me and went, ‘Hello Face!’ ”

They bonded over their mod-style haircuts, as you do, and soon started playing music together, first in The Jeff Beck Group and then, from 1969, The Faces.

In 1975, Ronnie left The Faces to land the job he’d dreamed of since he was a teenager — to become a member of the most rock and roll band on the planet, the Rolling Stones.

His first album as a full-time member with them was 1978’s Some Girls, a sleazy tour de force featuring some dazzling Keith Richards and Ronnie Wood guitar interplay, most notably on the ballad Beast Of Burden.

Which brings us neatly back to Foreign Tongues because it is drawing comparisons with that classic LP.

Ronnie says: “We like to keep the youthful feel we had in Paris when we were doing Some Girls and Emotional Rescue. There was a lot of energy on Respectable and Summer Romance, all those mad songs . . . and we still have that kind of energy going.

“I call this Foreign Tongues album ‘more solos for me, thanks Mick’ and he loves it.”

So which songs feature Ronnie solos? I venture. “There’s one on Back In Your Life which everyone seems to like,” he answers. “It’s the last one I did and there’s a lot of feeling there.

“I also enjoyed doing solos on Mr Charm, Side Effects, In The Stars and Hit Me On The Head.

“And there are lots of songs I loved to jam on, with me and Keith bouncing off each other.”

Hit Me On The Head is one of the few tracks saved from the Hackney Diamonds sessions, a breathless three-minute blast featuring much-missed drummer Charlie Watts.

Ronnie says: “We’ve got a few Charlie tracks saved and it’s lovely to keep his memory going with these little reminders.”

He adds that Steve Jordan, the powerhouse American drummer who stepped in after Charlie died in 2021 “loved Charlie so much and to pay tribute to him on Hackney Diamonds and Foreign Tongues is so great”.

I ask Ronnie which of the other new tracks he’s fond of.

He says: “I love Rough And Twisted which reminds me of my old Faces days — a modern-day blues.”

And he singles out yearning country song Ringing Hollow, which he and Mick gave a debut live airing to at this week’s album launch party in London.

“That’s a great one,” he says. “It reminds me of the songs inspired by the Stones’ first visits to America like Dead Flowers [also performed at the party], Wild Horses and Sweet Virginia.”

Ronnie’s a big fan of the Let It Bleed track Country Honk, a rustic, fiddle-drenched take on Honky Tonk Women, which he’s promising to play with his solo band at his forthcoming shows.

He says: “I’m a big fan of Merle Haggard and Hank Williams along with Chuck Berry and Muddy Waters — a little mix of country and blues.”

This brings us to the raw and authentic cover of Berry’s Beautiful Delilah, which closes Foreign Tongues, done in the style of Mississippi Fred McDowell.

Just Mick and Keith on 12-string guitars with empathetic drumming from Red Hot Chili Peppers’ Chad Smith. As with so many musicians of Ronnie’s generation, Berry was a massive influence.

“I used to have a dance in my bedroom when I was a kid,” he recalls. “Then I’d learn the solos just by ear.

“I was so inspired by this mystery man from America. In those days, you never saw a picture of Chuck Berry, Howlin’ Wolf or Jimmy Reed.

“When you did, it was like, ‘Wow!’ Like aliens come to life. Then, when I grew up, I got to hang out with them. It was a dream come true.

“Chuck came up to me once when I was on stage with him and said, ‘Where did you get that riff from?’ And I said, ‘From you!’ He nearly fell over.”

Next, we move on to Ronnie’s solo tour, organised because a gap appeared after the Stones ruled out live dates after Keith announced he was stepping back from touring.

He’ll be performing material from his storied life in music that includes The Jeff Beck Group, The Faces, the Stones and solo work — much of it gathered up in his recent retrospective album Fearless.

Ronnie will sing Seven Days, “the song Bob Dylan gave me, one of the special moments in my musical career.”

He will be reuniting with drummer Andy Newmark and bassist Willie Weeks for the first time in 50 years — “they’re playing as great as ever”.

His jaunts will take to Lucca in Italy, London’s Kentish Town Forum, Zurich, Cologne, Paris, Amsterdam, Barcelona and Lisbon. It all starts at an open-air shindig on the Royal Sandringham Estate in Norfolk on August 23, headlined by blues maestro Eric Clapton.

Ronnie adds: “Eric said, ‘Hey Ron, get a band together and come and join me at Sandringham!’

“That’s what spurred me on. I thought, ‘Wow! While I’m at it, I may as well get my favourite girl singers like Imelda May and Chanel Haynes’.”

If Stones and solo work wasn’t enough, Ronnie gives me an update on the mouthwatering prospect of a new Faces album — a further reunion with Rod Stewart after last year’s Glastonbury outing for Stay With Me.

“Rod loves what’s going on with us,” he says. “He has so much respect for the Stones and he’s gone his own Hollywood merry way.

“But we’ve been putting our heads together and rejoining the dots and getting some Faces stuff together again.

“Next year, we’re going to get stuck in and finish these tracks. We’ve got a lot on the hob and we’ll stir them up.”

Lastly, Ronnie reflects on the enduring appeal of both the Rolling Stones and The Beatles more than 60 years after they began their journeys.

Having just released his Andrew Watt-produced solo album The Boys Of Dungeon Lane, Paul McCartney returns on Foreign Tongues song Covered In You, following his bass cameo on Hackney Diamonds track Bite My Head Off.

Ronnie says: “I was just out with Paul recently and he was going, ‘Ron, ain’t it wonderful that we can still give this and keep making people happy. That’s what we do!’

“I said, ‘It’s so great Paul’, and he gave me a hug. He’s such a lovely man.

“We have that spirit going around in the Stones as well. There’s a lot of love there and a lot of respect.”

THE ROLLING STONES – Foreign Tongues

★★★★★

Rescuers in Kyiv are racing to find people trapped under the rubble of partly demolished apartment blocks, after at least nine were killed in Russia’s second round of strikes on the Ukrainian capital in a week.

Kyiv’s top military administrator Timur Tkachenko said 46 people were injured, with at least five children injured.

The strikes come on the eve of the Nato summit in Turkey, where Ukrainian President Volodymyr Zelensky is expected to hold talks with US President Donald Trump.

Hours before the latest strikes, Zelensky warned that Moscow was preparing a second “massive strike” on Kyiv following its attacks on Thursday that killed 30 people.

Russian ballistic missiles hit several buildings across the city, Mayor Vitaly Klitschko said, adding that fires had broken out in some apartment complexes.

Warehouses and a garage workshop were also damaged, according to the mayor.

Photos emerging from Kyiv show smouldering wreckage and charred cars littered throughout the city. Footage also shows crews continuing to comb through wreckage on Monday morning to find survivors.

Zelensky said on Sunday, hours ahead of the strikes, that intelligence indicated that Kyiv would come under a second wave of Russian attacks in a week.

After a barrage of drone and missile strikes through Thursday night, tens of thousands of residents evacuated to metro stations around the city as alarms blared in the early hours of Friday morning.

Ukraine accused Moscow of deliberately attacking civilian areas in the attack, which left at least 30 people dead. Russia said it had targeted military and energy bases in retaliation for recent Ukrainian strikes on power stations and energy facilities in Russian territory.

Such attacks continued overnight with power being cut off temporarily in the city of Sevastopol in Russian-occupied Crimea.

Ahead of the Nato meeting, Zelensky urged allies to not delay on supplies of long-range missiles to be used against Russia.

He wrote on X: “Any delay with missiles for our air defense… means the loss of lives, and it encourages Russia to continue the war.”

Zelensky has also appealed to the US to grant Ukraine licences to manufacture Patriot defence missiles.

The German football association is seeking talks with Jurgen Klopp about becoming their men’s national team coach after Julian Nagelsmann resigned.

Nagelsmann requested to be relieved of his duties on Thursday following the team’s early exit from the World Cup.

The German FA (DFB) has now granted that request and immediately terminated their contractual relationship with the 38-year-old former Bayern Munich boss.

In a statement, DFB said it “will now seek talks with Jurgen Klopp”, adding: “He has already signaled his general willingness to take on the position.”

Germany bowed out of the World Cup on Monday after the four-time winners were beaten by Paraguay on penalties in the last 32.

Initially Nagelsmann, who was appointed in 2023, was determined to remain in charge, saying after the game: “I’m not someone who runs away.”

But in a statement on Friday, he said: “I’ve done a lot of thinking in the days since our elimination and have consulted with trusted individuals both personally and within the federation.

“The decision was anything but easy for me. My top priority has always been the team ‘s success. After such a bitter disappointment, they deserve the chance for a fresh start.”

More to follow.

One British expat was left completely overwhelmed and exhausted after ditching her life in the UK, and revealed what no one talks about when making such a huge change

Many of us have contemplated what it would be like to ditch the UK and move abroad. One Brit who made it a reality found the move came with surprises and heartbreaking challenges.

Maria Randall, who hails from London, had been on a spontaneous three-day holiday with her husband when they made the brave decision to leave the UK in favour of sun-soaked Croatian rays. Just three weeks later, with their dog in tow, the couple boarded a one-way flight in the summer of 2023, filled with excitement ahead of their new life on the Adriatic coast.

But the reality of the mega move quickly sank in, and Maria found herself overwhelmed and drained.

“I was exhausted,” the 54-year-old told creatorzine.com. “People imagine moving abroad is exciting and glamorous, but I felt strangely numb. Everything had happened so quickly that I had barely had time to process it. I was excited, scared and wondering whether I had completely lost my mind.”

Even Maria’s first solo trip to the supermarket left her in tears as she got lost when Google Maps stopped working and felt deflated on arrival. And sadly, things didn’t get any better.

“I did not recognise any of the products on the shelves,” she recalled. “Something as simple as buying food suddenly felt difficult.”

Feeling overwhelmed and peckish, Maria innocently grabbed a cereal bar as she walked around the shop, only to be met with a furious local. “A man started shouting at me in Croatian, and I burst into tears,” Maria said.

“Later, I realised he worked for the supermarket and probably thought I was trying to steal the cereal bar before paying for it.

“Looking back now, it is funny. At the time, I wanted to get on a plane and go home. Coming from Britain, I was used to quieter and more reserved interactions. I genuinely thought people were arguing all the time. It took me a while to realise that what sounded aggressive to me was often just a normal conversation.”

As the couple began to settle into their new life in Croatia, their beloved dog sadly died shortly after the move. “Everything still felt unfamiliar and unsettled, and suddenly I was dealing with the loss of a much-loved family member as well,” she said.

Tragedy struck again when Maria lost her younger brother and mum, all within an 18-month period. She shared: “Nobody really talks about that side of living abroad. People see the sea, the sunshine and the photographs, but they do not see what it feels like when major family events happen hundreds of miles away.”

In addition to the family losses, Maria, who is severely lactose intolerant, faced her own health battles and was rushed to the hospital following a dairy contamination incident. “Being in an ambulance and then a hospital environment where I struggled to understand what was happening around me was one of the most frightening experiences I have had since moving here”, she revealed.

Despite the challenges and setbacks, things turned a corner. “I began to understand the culture. I started to appreciate the people,” Maria said.

“I made friends, many of them fellow expats who understood exactly what it was like to start again in a new country.” Maria even found herself taking on an unexpected business venture by running her own boat tour company, Island Discovery.

She explained: “It started as a conversation, then somehow I had a boat, then a website, then a skipper, then our first guest.” Maria’s skipper, Pasko, is actually someone she had met on a boat trip soon after arriving in Croatia.

“We stayed in touch, and when I launched Island Discovery, he was the first person I asked to join me”, she said. “Today I joke that he is my Croatian son.”

Maria has now settled into her life in the beautiful seaside town of Podstrana near Split, and is busy running boat tours around the Croatian coastline. Her love for the Adriatic Sea is part of why she stayed through the challenges she faced.

“There is something magical about the Adriatic,” she said. “The colour of the water still amazes me, and some mornings when I am walking my Jack Russell, Sid, along the coastline, I spot dolphins in the distance. Those moments never get old.”

While she misses parts of the UK, including Wagamama and “a proper Chinese takeaway”, Croatia has firmly become their home. “It is where I have built a business, it is where I have made friendships, it is where I walk Sid every morning,” Maria shared.

Today, she believes that many people underestimate the realities of uprooting their lives abroad. She also noted that Croatia has changed significantly in recent years, with higher rents, rising food and restaurant prices, and a “huge amount of development taking place”.

“Everywhere I look, there are new apartment blocks, villas and construction projects appearing, she said. “Personally, I think Croatia has changed significantly since joining the EU and later adopting the euro, although that’s just my observation.”

Despite this, it’s the place where Maria “rediscovered” herself and now calls home. “When I moved here, I thought I knew exactly who I was. What I did not expect was to spend my fifties learning about websites, social media, marketing, accounting, boating and how to build a business from scratch,” she explained.

“I realised I was tougher than I thought. I learned not to let other people dictate my mood. I learned to laugh at myself when things go wrong. Looking back, I do not think Croatia simply changed where I live. I think it changed who I am.”

Looking back, Maria said: “If I could give one piece of advice to the version of myself boarding that Croatia Airlines flight in July 2023, it would simply be, ‘buckle up, it will be one hell of a ride’.”

Do you have a travel story to share? Email webtravel@reachplc.com

July 1 (UPI) — Envoys Steve Witkoff and Jared Kushner and their Iranian counterparts are planning to meet with Qatari negotiators Wednesday for ongoing peace talks.

On Tuesday, Witkoff and Kushner met with the prime minister of Qatar, Sheikh Mohammed bin Abdulrahman al-Thani. They are scheduled to meet with him again today.

Iran and Qatar have said that there will be no direct, high-level meetings between United States and Iranian officials and that all discussions will be through Qatari intermediaries, The New York Times reported. Today’s negotiations will be about the cease-fire agreement and getting it implemented, a spokesperson told The Times.

Iran’s negotiator Mohammad Bagher Ghalibaf, in an interview with Iran’s state media Tuesday, laid out the most important provisions of the memorandum of understanding signed on June 17.

Ghalibaf said the most important prerequisite provisions to Iranian negotiators were Articles 1, 4, 5, 10 and 11, CNN reported.

Article 1 demands an end to all fighting, including in Lebanon. Israel and Lebanon signed a cease-fire agreement on Saturday, but Hezbollah hasn’t agreed to it.

Article 4 says that the United States must lift its naval blockade and Iran must allow shipping traffic through the Strait of Hormuz. The U.S. Navy is no longer blocking the strait but it still has a presence there. Article 5 says that Iran will allow passage through the strait with no tolls for 60 days.

The next two articles are about Iranian money and oil sales. Article 10 says the U.S. will allow waivers for Iran to sell its oil, which has happened – at least for 60 days. And Article 11 says that the United States will make frozen Iranian assets available, which is unclear. The United States has said that Iran must fulfill its commitments first.

Traffic through the strait is picking up, with 34 ships passing through on Tuesday, CNN said, though that’s far from pre-war levels, which saw about 100 per day.

Negotiations are underway to reopen several Ugandan media outlets after the military ordered their closure, intensifying concerns over press freedom and political interference in the country’s media landscape. The shutdown, which targeted newspapers, television and radio stations owned by Kenya’s Nation Media Group, has drawn international criticism from human rights organisations and foreign lawmakers, adding to scrutiny of Uganda’s record on civil liberties.

The closures were ordered by Uganda’s military chief, Muhoozi Kainerugaba, who said the outlets would remain shut without his approval but did not publicly explain the reasons for the decision.

The military’s decision forced several leading newspapers, television channels and radio stations to suspend operations, with security personnel preventing staff from accessing their offices. The disruption has affected one of East Africa’s largest independent media organisations and raised concerns over the military’s growing influence over civilian institutions.

Nation Media Group has confirmed that discussions are taking place with military authorities to restore operations. While negotiations are continuing at multiple levels, employees remain locked out of company premises, underscoring the uncertainty surrounding the timeline for resuming normal broadcasting and publishing activities.

International criticism intensifies over press freedom

The shutdown has prompted strong condemnation from human rights organisations, which argue the move represents another attempt to suppress independent journalism. International observers have warned that restricting media operations undermines freedom of expression and weakens democratic accountability in Uganda.

Political spotlight falls on Muhoozi Kainerugaba

The incident has further focused attention on military chief Muhoozi Kainerugaba, who has increasingly become a controversial political figure through his public statements and actions. Widely viewed as a potential successor to President Yoweri Museveni, Kainerugaba has faced repeated criticism over his treatment of political opponents, civil society groups and independent media.

Diplomatic pressure adds to domestic scrutiny

The media shutdown has also attracted international political attention, with senior US lawmakers calling for a review of Washington’s security relationship with Uganda. The episode risks increasing diplomatic pressure on Kampala over governance, human rights and the role of the military in restricting fundamental freedoms.

Future Outlook

The immediate focus will be on whether negotiations lead to the reopening of the affected media outlets and the restoration of normal operations. Beyond the current dispute, the incident is likely to intensify domestic and international scrutiny of Uganda’s commitment to press freedom, with potential implications for its diplomatic relationships, human rights record and political environment ahead of future leadership transitions.

With information from Reuters.

The United States is expected to formally notify its North American partners that it will not extend the United States Mexico Canada Agreement (USMCA), triggering the pact’s sunset review process and beginning a potential 10-year countdown to its expiry in 2036. While the move does not immediately terminate the agreement, it opens a prolonged period of negotiations during which the three countries will seek to resolve disputes over automotive rules, regional manufacturing, market access and measures to prevent Chinese goods from benefiting from preferential trade provisions.

The decision reflects the Trump administration’s push to reshape North American trade around greater US manufacturing content and stricter supply chain rules rather than preserving the agreement in its current form.

Sunset clause launches a decade of negotiations

The notification activates the USMCA’s sunset review mechanism, requiring annual consultations if no agreement is reached to renew the pact for another 16 years. Rather than ending the agreement immediately, the process creates a structured but uncertain negotiation period that could last until the agreement expires in 2036 unless the three countries reach a revised deal.

The review mechanism is intended to keep the agreement under continuous assessment but also introduces long-term uncertainty for businesses operating across North America.

Washington pushes for tougher automotive rules

The United States is seeking significant changes to the agreement’s rules of origin, particularly in the automotive sector. Washington wants a substantially larger share of vehicle components to be produced in the United States while increasing overall North American content requirements to reduce dependence on Asian supply chains.

The proposals form part of a broader industrial strategy aimed at strengthening domestic manufacturing, creating more US jobs and preventing third-country producers, particularly China, from indirectly accessing preferential North American trade benefits.

US and Mexico lead negotiations while Canada remains sidelined

Current negotiations are taking place primarily between Washington and Mexico, with Canada playing a more limited role amid ongoing bilateral trade disputes with the United States.

The narrower negotiating format highlights differing priorities within the three-country partnership and raises questions about whether a comprehensive trilateral agreement can be achieved without parallel negotiations involving Ottawa.

Trade policy reflects broader supply chain strategy

The proposed revisions extend beyond traditional tariff issues and reflect a wider effort to reorganise North American manufacturing. By tightening content requirements and strengthening origin rules, the United States aims to encourage companies to relocate production closer to home while limiting opportunities for Chinese manufacturers to circumvent trade restrictions through regional supply chains.

This shift illustrates how trade policy has become increasingly intertwined with industrial policy and national economic security objectives.

Businesses face prolonged policy uncertainty

The activation of the sunset clause is unlikely to disrupt trade immediately, but it introduces a prolonged period of uncertainty for manufacturers, exporters and investors whose operations depend on integrated North American supply chains.

Companies may delay long-term investment decisions until greater clarity emerges on future tariff structures, production requirements and the overall direction of regional trade policy.

Future Outlook

Negotiations are expected to intensify over the coming months as the United States continues pressing for stricter manufacturing rules and stronger regional content requirements. While Mexico appears willing to negotiate toward shared industrial objectives, Canada’s future role remains less certain given unresolved bilateral trade disputes.

Unless the three countries reach a mutually acceptable compromise, the USMCA could remain under annual review for the next decade, prolonging uncertainty for businesses while reshaping North America’s manufacturing landscape. The outcome of these negotiations will likely determine not only the future of the trade agreement but also the competitiveness of regional supply chains and the balance between economic integration and national industrial policy.

With information from Reuters.

South Korean stocks ended nearly 1 percent higher Tuesday, led by gains in technology shares, as investors watched for a possible resumption of U.S.-Iran talks in Qatar aimed at easing tensions in the Strait of Hormuz. The Korean won weakened against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) gained 81.83 points, or 0.97 percent, to close at 8,476.47.

Investor sentiment improved after the United States and Iran were set to resume talks in Qatar aimed at easing tensions in the Strait of Hormuz, alleviating concerns over a prolonged disruption to global oil supplies.

Overnight, Wall Street rebounded sharply as investors returned to tech stocks.

The Dow Jones Industrial Average gained 0.59 percent to close at a record high, while the Nasdaq composite jumped 2.07 percent and the S&P 500 advanced 1.18 percent.

Crude prices rose modestly as investors monitored implementation of the U.S.-Iran peace framework.

Trade volume was moderate at 444.61 million shares worth 41.08 trillion won (US$26.51 billion), with losers outnumbering losers 621 to 261

Institutions and individuals bought a net 2.93 trillion won and 833.45 billion won worth of shares, respectively, while foreigners sold a net 3.79 trillion won.

“Investors scooped up semiconductor shares following recent losses, while IT infrastructure and electricity stocks rose on hopes for major investment in semiconductor infrastructure in the southwestern region announced by the government and chipmakers,” said Lee Kyoung-min, an analyst at Daishin Securities.

Tech shares lifted the overall market.

Market bellwether Samsung Electronics rose 3.41 percent to 334,000 won, and chip giant SK hynix gained 0.84 percent to 1.65 million won. SK Square, the parent of SK hynix, advanced 3.48 percent to 1.69 million won.

Chip components maker Samsung Electro-Mechanics jumped 7.16 percent to 1.18 million won after announcing a 454 billion-won supply deal for multilayer ceramic capacitors (MLCCs) for artificial intelligence servers to a U.S.-based customer.

Battery shares retreated on profit-taking after sharp gains the previous session.

LG Energy Solution plunged 9.61 percent to 362,000 won, and its smaller rival Samsung SDI sank 4.88 percent to 487,000 won.

The Korean won was quoted at 1,549.4 won per U.S. dollar as of 3:30 p.m., down 4.2 won from the previous session.

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Reasons for the Clippers to trade Kawhi Leonard are apparent. So are reasons to keep the seven-time All-Pro forward who turned 35 on Monday.

For now, the team is engaged in discussions and entertaining offers for Leonard, who is highly regarded despite being central to a league investigation into allegations of salary-cap intervention.

Representatives for Leonard, who has one year remaining on a three-year, $152.4 million contract, have informed other teams he prefers to remain with the Clippers and would only sign an extension with the Toronto Raptors or San Antonio Spurs if the Clippers trade him, ESPN reported. Leonard helped both of those teams to NBA titles, the Raptors in 2019 and the Spurs in 2014. He was Finals MVP both years.

However, the Athletic reported that the Dallas Mavericks offered to trade power forward P.J. Washington, shooting guard Klay Thompson and draft picks for Leonard. Mavericks president Masai Ujiri held the same position with the Raptors when they won the 2019 championship.

If Leonard doesn’t agree to a contract extension with Dallas, he essentially would be a one-year rental and not worth as much in trade capital. Ujiri engineered the trade in 2018 that brought Leonard to the Raptors without the player agreeing to an extension, and the result was a championship followed by Leonard bolting to the Clippers.

Another factor in assessing Leonard’s trade value and the Clippers’ motivation to move him is the ongoing NBA investigation involving team owner Steve Ballmer, Leonard and the now-bankrupt sustainable financial technology firm Aspiration.

Triggered in October when the “Pablo Torre Finds Out” podcast detailed a $28 million endorsement contract Leonard received from Aspiration, the NBA hired a prominent law firm to conduct the probe. Findings could be announced soon because NBA commissioner Adam Silver said June 2 that it was time to “wrap it up.”

Aspiration had a $300 million, 23-year endorsement deal with the Clippers and Ballmer personally invested $60 million into the company, whose co-founder Joseph Sanberg was convicted of two counts of wire fraud and sentenced to 14 years in federal prison. Ballmer admits introducing Leonard to Aspiration executives but has denied that he knew details of the endorsement deal that Leonard never fulfilled.

Silver has not stated that the NBA would hold up any trade involving Leonard because of the investigation. Still, the Clippers expressed at the end of the regular season that keeping the 14-year veteran was a priority.

“Our plan is to win with Kawhi,” Clippers president Lawrence Frank said.

Leonard is coming off his best season of six with the Clippers, averaging a career-high 27.9 points over 65 games. He has averaged 20.7 points a game during his career.

The Raptors are rumored to be dangling former Lakers forward Brandon Ingram and first-round draft picks

Washington and Tehran have agreed to stop attacks and renew talks in the Qatari capital, Doha, Axios reports.

June 26 (Asia Today) — South Korean Defense Minister Ahn Gyu-back will meet Japanese Defense Minister Shinjiro Koizumi at the Defense Ministry headquarters in Seoul on Sunday morning, the ministry said Friday.

Koizumi will visit South Korea as part of reciprocal ministerial diplomacy following Ahn’s trip to Japan in January.

During the visit, the ministers are scheduled to inspect aircraft operated by the South Korean Air Force’s Black Eagles aerobatic team, hold bilateral talks and take part in a security dialogue with young people from both countries.

They will also discuss ways to strengthen defense exchanges and cooperation between South Korea and Japan.

The meeting will come about one month after Ahn and Koizumi held bilateral talks on May 30 on the sidelines of the 23rd IISS Asia Security Summit, commonly known as the Shangri-La Dialogue, in Singapore.

It will be the first visit to South Korea by a Japanese defense minister specifically for bilateral talks since 2015, according to the ministry.

Koizumi is also scheduled to pay his respects at Seoul National Cemetery during the trip. He is expected to meet South Korean Foreign Minister Cho Hyun on Sunday.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260626010009329

Lebanon’s state-run National News Agency reports three people have been killed in an Israeli attack on a car in Nabatieh.

Israeli attacks on Lebanon have continued despite a ceasefire, with three people killed during a strike on a car in the south of the country, as senior Israeli and Lebanese officials meet for a final day of talks in Washington.

According to Lebanon’s state-run National News Agency (NNA), three people were killed on Thursday, and one was wounded after the Israeli attack hit a car on the road between Zawtar and Mayfadoun in Nabatieh Governorate.

NNA also reported that Israeli forces burned a number of houses in the town of Ain Arab, after issuing warnings forcing residents to evacuate the town before 5pm on Wednesday.

According to Lebanon’s Ministry of Public Health, since the conflict began on March 2, 4,230 people have been killed and 12,179 others have been wounded.

Reporting from Nabatieh, southern Lebanon, Al Jazeera’s Zeina Khodr said the ceasefire between Israel and Hezbollah remains “fragile” as the Israeli army continues to target “anyone or anything in front-line villages”.

“[These are ] villages on the outskirts [of the] city of Nabatieh, which lie along the area which is under Israel’s occupation,” Khodr explained. “So the message is they don’t want people to approach that area, there’ve been drone strikes, they’ve dropped stun grenades … people killed.

“Those villages, the Israeli army was not able to occupy them during weeks of fighting and it wants to still be able to control them by fire because the more territory you control, the more leverage you have in negotiations,” she said, adding that officials from Lebanon and Israel are discussing the possible and gradual handover of territory.

Ceasefire talks

Israel and Lebanon have been discussing a United States-backed proposal for the past three days, with the talks wrapping up in Washington, DC, on Thursday. The negotiations have been focused on Israeli forces handing over some of the territory they occupied during the fighting with Hezbollah to Lebanon’s military.

A US State Department official told the Reuters news agency that Israel had taken a “concrete step” towards the proposal, which had been part of the latest round of talks, by pulling back from a part of a buffer zone in southern Lebanon.

However, a senior Israeli defence official denied that there had been any pullback, adding that Israel would not be withdrawing from its buffer zone.

Moreover, a senior Lebanese military official also told Reuters that developments on the ground in recent days had shown the “opposite of a pullback”.

Still, US Secretary of State Marco Rubio said on Thursday that Israel and Lebanon were making good progress towards a “commitment of intent”.

“I think we are very close in our hopes of getting a commitment of intent between the two countries,” Rubio told reporters during a visit to Bahrain.

“It’ll be a process, it’ll take some time, it’ll take a lot of work, but I can tell you that for the first time in 30 years, the sovereign government of Lebanon is speaking to the government of Israel directly.”

Under US pressure, Lebanese officials began direct talks in April with Israel in Washington.

Hezbollah, however, has condemned the Lebanon-Israel talks, demanding the full withdrawal of Israeli forces from Lebanon first.

JOEL CORRY is on the brink of his biggest collaboration yet, after striking up a bond with Jennifer Lopez.

He’s worked with, and remixed songs from, some of the biggest names on the planet, including Charli XCX, Raye and Sir Elton John.

But Joel caught J-Lo’s attention in December after remixing her 2005 single Get Right, before he remixed her David Guetta collaboration Save Me Tonight in March.

And after flying Bizarre’s Jack out to Ibiza to join him for a mad 24 hours on the party island, Joel says he’s working on getting a studio date with her.

“I’m still in touch with J-Lo and her team, and we’re trying to work on new music together,” Joel says.

“I could definitely see that happening.

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“She loves dance music and doing a remix for Get Right for her last year was an honour.

“It was amazing to meet her and build that friendship.

“I look forward to her doing more of that.”

Of his close friend David, Joel adds: “I talk to him all the time.

“I am playing with him in a few weeks at Ushuaïa.

“He books me back every year to support him at Ushuaïa.

“He’s the best.

“He’s the King of Ibiza.”

Before he nails down his time with J-Lo, Joel has another project up his sleeve — and we did not see it coming.

He has recorded a track with Aleksandr Orlov, the animated aristocratic Russian meerkat who has been fronting ads with his “simples” catchphrase for Compare the Market since 2009.

Together they’re launching a bid for No1 with Simples featuring Scrufizzer [Joel Corry Remix].

Joel says with a laugh: “Listen, you know I’m the king of the summer bangers.

“And for Aleksandr the meerkat, it’s always been his dream to have a summer banger.

“So I’m just helping him out.

“Aleksandr for No1.”

Joel has big ambitions for his animated pal too, and is hoping ITV calls him up for a performance in the Love Island villa, three years after he played there with Becky Hill.

“I’ve done Love Island but we need to get the meerkat on Love Island,” Joel says.

“He would clean up in the villa, wouldn’t he?

“I’d love to go back and, this time, we’ll bring Aleksandr.”

During Jack’s whirlwind trip to Ibiza, he joined Joel in the DJ booth for his set at Wayne Lineker’s infamous O Beach, where he premiered Simples live.

He was accompanied by his girlfriend Coco Lodge, who found fame on series eight of Love Island, the same year he performed.

While he kept tight-lipped as to whether a proposal is on the cards, Joel has his heart set on Ibiza for the big day.

He says: “I’ve always said if I was ever gonna get married, Ibiza would be the place to do it.

“It has a special place in my heart.

“The first time I came here was when I was in my early twenties, and I’ve been back every year since.

“I’ve had residencies here for the last few years, and this is definitely my happy place.

“I think it’d be a perfect place to get married.”

While I’m sure Joel’s brother will be his best man, I wouldn’t put it past Aleksandr to wangle himself a role as ring bearer if all goes well with their track.

Pakistan hosts Iranian President Masoud Pezeshkian after mediating the breakthrough US-Iran negotiations in Switzerland.

Islamabad, Pakistan – Iranian President Masoud Pezeshkian has alanded in Pakistan for a state visit – his first overseas trip since the United States and Israel launched strikes on Iran on February 28.

His Pakistani counterpart Asif Ali Zardari, Prime Minister Shehbaz Sharif, and Deputy Prime Minister and Foreign Minister Ishaq Dar received the Iranian leader at a military base near capital Islamabad on Tuesday.

During his day-long visit, Pezeshkian, who is accompanied by a high-level delegation that includes ministers and senior officials, will hold talks with Sharif, and is also expected to meet with Zardari.

According to Pakistan’s Ministry of Foreign Affairs, Senate Chairman Yousaf Raza Gilani, National Assembly Speaker Ayaz Sadiq, and Deputy Prime Minister and Foreign Minister Ishaq Dar will also call on the Iranian leader.

“During the visit, the two sides will review the full spectrum of bilateral relations and explore new avenues to further deepen cooperation across diverse sectors, including trade, energy, border security, people-to-people exchanges, and regional connectivity,” the ministry said in a statement on Monday.

Pezeshkian’s visit follows the crucial first round of talks between the United States and Iran, mediated by Pakistan and Qatar, in the Swiss city of Bürgenstock to end the war on Iran.

As part of the agreement, the US will release $12bn in frozen Iranian funds. The US has also announced a temporary easing of international sanctions on Iran, allowing it to sell its oil and petrochemicals until August 21. The talks concluded with a 60-day roadmap towards a final deal.

It is Pezeshkian’s second visit to Pakistan as president. His first, in August 2025, came days after the 12-day Iran-Israel war, and was also his first overseas trip following that conflict.

The visit is widely viewed as an expression of gratitude for Pakistan’s role in brokering the Islamabad Memorandum of Understanding, signed on June 18 by US President Donald Trump and Pezeshkian, with Prime Minister Sharif signing the document as a mediator.

The Islamabad MoU launched the formal diplomatic process now under way in Switzerland.

“The visit will also provide an important opportunity to discuss ongoing diplomatic engagements following the signing of the Islamabad Memorandum of Understanding, as well as regional and international developments of mutual interest,” Pakistan’s Ministry of Foreign Affairs said in its statement.

Qatar’s PM Sheikh Mohammed bin Abdulrahman Al Thani told Al Jazeera that safeguards have been put in place to prevent US-Iran negotiations from regional escalation, including tensions in Lebanon and the Strait of Hormuz, stressing diplomacy and respect for agreements.

The move, expected under the MoU, comes as Vice President JD Vance says there’s a ‘good foundation’ for a final deal.

The United States has partially lifted sanctions on Iranian oil exports following “encouraging” talks over ending their conflict.

The US Treasury issued a 60-day sanctions waiver on Monday, paving the way for the production, delivery and sale of Iranian oil to the US. The move came amid positive reports from mediators and the US vice president regarding talks in Switzerland between Washington and Tehran aimed at establishing a full peace deal.

The waiver is a condition included in the 60-day memorandum of understanding (MoU) signed by Tehran and Washington on June 17.

US Treasury Secretary Scott Bessent said that the US-Iran talks have been “productive” and that several of the MoU’s stipulations are moving ahead.

“Iran has committed to free and open transit in the Strait of Hormuz and to permit International Atomic Energy Agency (IAEA) inspectors into their country,” he wrote on social media. “As part of the framework, Treasury has issued a temporary 60-day general licence authorising the production, delivery and sale of Iranian oil.”

The licence lasts through August 21 and covers crude oil, petrochemical products, or petroleum products of Iranian origin. It permits Iranian oil to be imported into the US but does not authorise transactions involving US-sanctioned North Korea or Cuba, or Russian-occupied Ukraine.

There was no immediate response from Iranian government officials.

Oil prices continued their recent decline upon news of the waiver, with Brent crude dropping over 3.5 percent to $77.7 per barrel.

‘Good foundation’

Bessent’s announcement came as US Vice President JD Vance voiced optimism over the Tehran-Washington discussions in the Swiss resort of Burgenstock.

“We laid a very good foundation for a successful final deal,” he told reporters and shrugged off yesterday’s online tit-for-tat between President Donald Trump and top negotiator Mohammad Bagher Ghalibaf.

“Social media threats that they would walk out” did not come to fruition,” Vance noted. “There was a little bit of threatening, there was a little bit of whining, but at the end of the day the talks continued and we made great progress.”

Mediators at the talks said that Washington and Tehran had made “encouraging progress” at the first round, according to Reuters.

The vice president did not give a firm timeline for when nuclear inspections may start, but said conversations with the IAEA could happen as soon as Monday.

The US has said that the need to prevent Iran from developing a nuclear weapon was a key driver of its attacks, and demands that Tehran reopen its nuclear facilities to international oversight.

Iran has persistently rejected accusations that it seeks to develop a nuclear arsenal, insisting that its nuclear programme is purely for civilian purposes.

A busier waterway

Shortly before the waiver announcement, the Strait of Hormuz was reported to be seeing an increase in oil and gas tanker traffic, just two days after Iran said it would close the waterway again because of Israeli attacks on Lebanon.

Four Qatari-operated LNG tankers headed into the Gulf and through the strait on Monday, while two supertankers – which can carry up to four million barrels of crude oil – entered. One indicated its destination as the Iraqi port of Basra, according to ship tracking data.

Two smaller crude oil tankers, laden with just under two million barrels, sailed out of the waterway and into the Gulf of Oman on Monday, according to MarineTraffic.

“While daily transits remain below the 125 crossings prior to the Iran hostilities, the trend is positive,” said the shipping firm Clarksons.

The US has maintained that the strait was never closed for the second time and tracked 55 merchant ships loaded with more than 17 million barrels of oil on Saturday.

Stock index futures were down on Monday as traders awaited updates from U.S.-Iran negotiations, with the Middle Eastern country describing the talks as showing “progress.”

Now, here are 4 news stories that broke overnight to watch out for:

U.K. Leadership Shake-Up:

South Korean stocks finished at an all-time high Monday on a continued rally in semiconductor shares amid signs of progress in U.S.-Iran talks to end their monthslong war in the Middle East. The local currency lost against the U.S. dollar.

After opening 1.08 percent lower, the benchmark Korea Composite Stock Price Index (KOSPI) added 62.13 points, or 0.69 percent, to 9,114.55 after rising as high as 9,253.00.

Trade volume was moderate at 377.2 million shares worth 41.4 trillion won (US$26.9 billion) with losers outnumbering winners 739 to 148.

Retail investors and institutions were net buyers, purchasing 2.15 trillion won and 308.4 billion won, respectively, while foreign investors sold a net 2.55 trillion won.

On Sunday, Washington and Tehran wrapped up their first talks and agreed on a road map to reach a final deal within 60 days, according to a statement issued by the mediating countries of Qatar and Pakistan.

The negotiations had been at risk of breakdown as Tehran said it had closed the Strait of Hormuz and U.S. President Donald Trump had repeated his threats to resume attacks on Iran.

“Negotiations went smoothly in general despite some aggressive messages, which were considered short-lived noises,” said Kang Jin-hyeok, an analyst from Shinhan Securities.

Semiconductor shares ended in positive territory.

Chip giant SK hynix jumped 5.61 percent to 2.92 million won, surpassing Samsung Electronics in terms of market capitalization for the first time.

SK Square, the parent of SK hynix, surged 10.67 percent to 1.97 million won, and Hanmi Semiconductor, a leading chip manufacturing equipment provider, increased 2.2 percent to 301,500 won.

Defense giant Hanwha Aerospace advanced 0.27 percent to 1.13 million won, and Korea Aerospace Industries (KAI) climbed 1.43 percent to 148,600 won.

However, Samsung Electronics dropped 0.14 percent to 353,500 won, and Samsung Electro-Mechanics, an electronic components manufacturing affiliate of Samsung Electronics, lost 1.85 percent to 2.23 million won.

Top carmaker Hyundai Motor decreased 5.22 percent to 581,000 won, and leading battery maker LG Energy Solution dipped 4.7 percent to 385,500 won.

Samsung Life Insurance slid 9.36 percent to 450,500 won, and pharmaceutical giant Samsung Biologics retreated 5.75 percent to 1.3 million won.

The Korean won was quoted at 1,537 won against the U.S. dollar, down 10 won from the previous session.

Bond prices, which move inversely to yields, closed lower. The yield on three-year Treasurys rose 2.6 basis points to 3.810 percent, and the return on the benchmark five-year government bonds added 3.9 basis points to 4.044 percent.

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The first round of talks between high-level officials from Iran and the United States in Switzerland has ended, mediators say, with the two sides agreeing on a roadmap towards a final deal to end their more than 100-day war.

Iran and the US agreed to set up communication lines to keep the vital Strait of Hormuz open and end fighting in Lebanon at the marathon talks that ended on Monday, according to mediators.

The teams, led by US Vice President JD Vance and Iranian parliament Speaker Mohammad Bagher Ghalibaf, opened talks on Sunday as part of a two-month negotiating period set out under a preliminary deal agreed last week.

Mediators Pakistan and Qatar said the negotiators reached agreement on a “roadmap towards reaching a final deal within 60 days” with technical talks to continue for the rest of the week at the Swiss resort of Burgenstock.

“Encouraging progress has been made, including the creation of a mechanism for further technical talks,” they said, detailing a contact channel set up to “avoid incidents and miscommunication” over the Strait of Hormuz.

A “deconfliction cell” between the parties and authorities in Lebanon has also been agreed to prevent fighting from erupting there again, they said.

Al Jazeera’s Osama Bin Javaid, reporting from Lucerne, Switzerland, said mediators hailed the constructive engagement, adding that the working groups formed by the negotiators are to begin work immediately.

“A lot of work still remains to be done, and it is not yet clear how these groups will be formulated, in which capacity they will work or what format any future meeting will take,” he said.

Tehran essentially had blocked the Strait of Hormuz in retaliation against the joint attacks by Israel and the US on February 28 that touched off the war.

Lebanon was pitched into the conflict as Iran-aligned Hezbollah attacked Israel in response to the US-Israeli attacks on Iran, prompting Israel to launch a wide-scale bombing campaign and ground invasion of southern Lebanon.

After a series of false starts, Washington and Tehran last week finally signed a memorandum of understanding aimed at ending the war, which included a provision to end fighting in Lebanon between Israel and Hezbollah.

But there have been repeated clashes and Israeli attacks in Lebanon since, which prompted Iran to say days after it had reopened the Strait of Hormuz that it would again close the waterway, through which about a fifth of global oil and liquefied natural gas supplies transited before the war.

“Tireless Pakistani and Qatari mediation has delivered major progress to end Lebanon War,” Iranian Foreign Minister Abbas Araghchi wrote on X after the talks in Switzerland.

“Oil and petrochem exports are waived, blockade lifted, some frozen assets released, and major reconstruction & development plan launched for Iran. 1st real test: Lebanon deconfliction cell,” he wrote.

Al Jazeera’s Resul Serdar Atas, reporting from Tehran, said Iran achieved most of what it wanted in the talks in Switzerland because it had conditions for starting the technical talks.

“They were saying that the memorandum of understanding – particularly Articles 1, 10 and 11 – had to be initiated and implemented for the technical talks to move forward,” he said, referring to the sections on ending fighting on all fronts, including Lebanon; waiving US sanctions on Iranian energy exports; and releasing frozen Iranian assets.

“So now that they have decided that technical talks in Switzerland are going to continue throughout the whole week, we see that there is progress,” he added.

Trump’s threats

The roadmap was agreed after a shaky start to the negotiations. Iran’s delegation walked out in response to US President Donald Trump’s threats on Sunday to attack Iran over its support for Hezbollah.

“Iran must immediately stop their highly paid PROXIES in Lebanon from causing trouble,” Trump wrote on social media, apparently referring to Hezbollah. “If they don’t, we’ll hit Iran very hard again, just like we did last week, only harder!!!”

Iran hit back with a warning of its own.

“They would do better to be careful with their statements; our armed forces are ready to respond to them in a different manner. No matter what they say, we are the ones who act,” Iran’s chief negotiator, Ghalibaf, said.

Israeli Prime Minister Benjamin Netanyahu, meanwhile, said Israeli troops would remain in southern Lebanon “as long as necessary” and promised that he would “not allow Iran to acquire nuclear weapons”.

By Sunday evening, there had been no reports of Israeli attacks or continued fighting as some residents of southern Lebanon cautiously returned to their homes.

The fighting between Israel and Hezbollah has repeatedly threatened to derail peace efforts.

On Friday, planned US-Iranian talks were postponed after Israel launched deadly attacks in Lebanon following the deaths of four of its soldiers in combat.

Israel’s military chief visited troops on Sunday in southern Lebanon, where he said Hezbollah was in a “very difficult position”.

“Hezbollah has suffered a severe and significant blow, and we are committed to remaining prepared to continue operating and prevent its rebuilding,” Lieutenant General Eyal Zamir said.

The overall death toll from the fighting in Lebanon has surpassed 4,100 since it escalated on March 2, the Ministry of Public Health said.

‘Historic meeting’

Vance had earlier hailed “a historic meeting” in Switzerland.

Even as Trump was threatening Iran, Vance told reporters the US president had “asked us to turn over a new leaf to transform our relationship with the people of Iran”.

Flanked by US negotiators Jared Kushner and Steve Witkoff, Vance added: “The question before us now is how much more can we accomplish together?

“Can we turn over a new leaf? Can we change relations in the Middle East permanently?

“Or do we go back to doing things the old way, which is not our preference, but it’s certainly very much something that can happen.”

Lebanon aside, there has been no indication that Iran’s support for armed groups across the region, which has long drawn the ire of the US and Israel, would be addressed in the negotiations.

Speaking on Sunday, Iranian President Masoud Pezeshkian stressed that Tehran would not relinquish its right to enrich uranium although he repeated Iran’s denial that it seeks nuclear weapons.

“We can also state in writing that we have no intention of building a bomb,” he said.

Thomas Warrick, a nonresident senior fellow at the Atlantic Council, says the 60-day US-Iran talks face hurdles with regards to nuclear issues and sanctions, and will require time, willingness, and patience to achieve lasting results.