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Trump says unfrozen Iranian assets will be used to buy American wheat, soy beans, corn

Trump says unfrozen Iranian assets will be used to buy American wheat, soy beans, corn

US President Donald Trump speaks during a Rose Garden Club dinner with American farmers at the White House in Washington, DC, on June 25, 2026. (AFP)

This live blog follows the latest developments across the Middle East crisis, including regional diplomacy, maritime security, ceasefire negotiations, and economic fallout.


Catch up: Yesterday’s top developments


State Department official says Israel-Lebanon talks to continue on Friday


Published: June 26, 2026 | 02:35 GMT | by Web Desk


A US State Department official has said that Israeli and Lebanese delegations will resume their meetings on Friday, Al Jazeera reported.


Officials from the two countries have been meeting for US-brokered talks in Washington, DC, aimed at reaching a deal to end fighting in Lebanon.


The discussions were set to conclude on Thursday.




Trump says unfrozen Iranian assets will be used to buy American wheat, soy beans, corn

Published: June 26, 2026 | 00:00 GMT | by Web Desk


US President Donald Trump has said that the Iranian assets that will be unfrozen as per the Islamabad Memorandum of Understanding would be used to buy American wheat, soy beans and corn.


While referring to unfrozen Iranian assets, Trump said, “We’re going to be taking some of their money.”


“And we’ll spend it, and we’re going to be buying wheat, soy beans and corn – a lot of it. And that process is going to be starting pretty soon,” he said. 


“It’s going to be pretty big, too,” he added. 


Separately, US Secretary of State Marco Rubio said that no part of the US-Iran deal undermined the security and stability of US allies in the Gulf, stating that Washington was open for peace. He also said that Iran would not be allowed to charge a toll or fee for using the Strait of Hormuz.


Additionally, US Senate rejected a resolution to rein in President Donald Trump's handling of the Iran war — an apparent U-turn following pressure from the Republican leader.


The move came just one day after the Senate voted 50-48 to pass a resolution calling for an end to the Iran war, delivering a rebuke to the White House as it seeks to negotiate a lasting deal with Tehran.




For earlier developments, read our June 25 live blog here.