US and Iran Pause Hostilities as Negotiations Loom

WHO:

[07:45 AM EDT] - CBS News - Iranian Deputy Foreign Minister Kazem Gharibabadi stated that the first meeting of the Joint Hormuz Committee occurred during a trip to Muscat.

[07:45 AM EDT] - CBS News - Masoud Pezeshkian, Iran's president, mentioned that efforts are ongoing to recover the remaining funds of the total $12 billion in Iranian resources in Qatar.

CBS News - President Trump stated that Iran has requested a meeting.

CBS News - Iranian Deputy Foreign Minister Kazem Gharibabadi mentioned the first meeting of Iranian and Omani officials regarding the Strait of Hormuz.

CBS News - President Trump announced that Iran has requested a meeting.

CBS News - Iranian Deputy Foreign Minister Kazem Gharibabadi discussed the Joint Hormuz Committee.

CBS News - Masoud Pezeshkian, Iran's president, mentioned the release of Iranian resources in Qatar.

WHAT:

[07:45 AM EDT] - CBS News - A U.S. official confirmed that there were no U.S. wounded or impacts on U.S. assets from the recent strikes.

[07:45 AM EDT] - CBS News - Iranian and American technical teams are set to meet in Doha in the following days, according to a source with knowledge of the talks.

CBS News - Iran's President Masoud Pezeshkian announced that $6 billion out of a total of $12 billion in Iranian resources in Qatar will be released and returned to Iran.

CBS News - A U.S. official confirmed that no drones or missiles launched by Iran at U.S. assets in Bahrain and Kuwait reached their targets, with some being shot down or intercepted.

CBS News - Iran requested a meeting to take place in Doha.

CBS News - The U.S. and Iran agreed to pause hostilities after trading strikes.

CBS News - Iran is set to receive $6 billion in frozen assets from Qatar.

CBS News - The U.S. has not confirmed the release of any frozen assets.

Bloomberg - The U.S. and Iran agreed to stop attacking each other before peace talks resume.

WHERE:

[07:45 AM EDT] - CBS News - The first meeting of the Joint Hormuz Committee was held in Muscat, Oman.

CBS News - The first meeting of the Joint Hormuz Committee occurred in Muscat, Oman.

CBS News - The meeting will take place in Doha, Qatar.

CBS News - The Joint Hormuz Committee meeting occurred in Muscat, Oman.

CBS News - The Strait of Hormuz is a vital waterway for global oil and gas supply.

WHEN:

[07:45 AM EDT] - CBS News - The meeting requested by Iran is scheduled for "Tuesday" in Qatar.

CBS News - The meeting requested by Iran is scheduled for "Tuesday" in Qatar.

CBS News - The meeting requested by Iran is scheduled for "tomorrow" (exact date not specified).

CBS News - The U.S.-Iran memorandum states the strait is to be toll-free "for 60 days only" after the signing of the deal.

WHY:

[07:45 AM EDT] - CBS News - The U.S. and Iran agreed to pause hostilities following a weekend of escalating attacks that risked slowing progress toward restoring traffic through the Strait of Hormuz.

CBS News - The U.S. and Iran agreed to pause hostilities following a weekend of escalating attacks.

CBS News - The pause in hostilities follows days of tit-for-tat attacks that risked slowing progress toward restoring traffic through the Strait of Hormuz.

CBS News - The future management of the Strait of Hormuz has been a major point of contention between the U.S. and Iran.

HOW:

[07:45 AM EDT] - CBS News - The U.S. official stated that vessels will be allowed to move freely in the Strait of Hormuz.

CBS News - The U.S. official stated that vessels will be allowed to move freely in the Strait of Hormuz.

CBS News - The U.S. and Iran are engaging in dialogue as part of the memorandum of understanding regarding the Strait of Hormuz.

(UPDATED June 29, 2026 16:15 UTC)

In a significant diplomatic development, Iranian Deputy Foreign Minister Kazem Gharibabadi announced that the first meeting of the Joint Hormuz Committee took place in Muscat, Oman, while Iranian President Masoud Pezeshkian revealed ongoing efforts to recover $12 billion in Iranian resources held in Qatar. A U.S. official confirmed that there were no American casualties or impacts on U.S. assets from recent strikes, and Iranian and American technical teams are set to meet in Doha on "Tuesday" to discuss further steps. Following a weekend of escalating attacks, the U.S. and Iran have agreed to pause hostilities, allowing vessels to move freely in the Strait of Hormuz.

(UPDATED June 29, 2026 14:17 UTC)

President Trump announced that Iran has requested a meeting scheduled for Tuesday in Qatar, as Iranian President Masoud Pezeshkian revealed that $6 billion of the $12 billion in Iranian resources held in Qatar will be released and returned to Iran. Meanwhile, a U.S. official confirmed that no Iranian drones or missiles aimed at U.S. assets in Bahrain and Kuwait reached their targets, with some intercepted. The first meeting of the Joint Hormuz Committee took place in Muscat, Oman, as the U.S. and Iran agreed to pause hostilities following a weekend of escalating attacks.

(UPDATED June 29, 2026 12:24 UTC)

President Trump announced that Iran has requested a meeting to take place in Doha, where they will discuss the future management of the vital Strait of Hormuz. This meeting is set for tomorrow, following an agreement between the U.S. and Iran to pause hostilities after a series of strikes, allowing for the potential release of $6 billion in frozen assets from Qatar. The U.S. has stated that vessels will be allowed to move freely in the Strait of Hormuz for 60 days only after the signing of the deal, marking a significant step towards restoring stability in the region.