Iran live updates: Trump, Vance were both signatories on MOU

Vice President JD Vance appeared on multiple morning shows on Monday to discuss the settlement that would extend the U.S.-Iran ceasefire and pave the way for 60 days of technical negotiations to end the war.

Vance said the deal has already been digitally signed by parties, but said there would be a signing ceremony on Friday.

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Vice President JD Vance talks US-Iran agreementVice President JD Vance joins "GMA" live to discuss the U.S.-Iran agreement announced by President Donald Trump.

ABCNews.com

When pressed by ABC News’ “Good Morning America” co-anchor George Stephanopoulos about whether President Donald Trump was going back on promises that Iran would need to provide “unconditional surrender,” Vance responded, "What this deal fundamentally does is it reopens the Straits of Hormuz. You see, oil prices have already come down substantially just in the last 24 hours.”

Vance said the deal includes provisions that Iran will stop funding terror groups, though he did not expand on what exactly that means.

“We’re willing to give significant sanctions relief if the Iranians make the kind of long-term commitments that are necessary to be a normal country to give up their nuclear weapons program to stop funding terrorist activities all over the Middle East," Vance said.

Vance also said that no money for Iran has been released since the deal was digitally signed on Sunday.

-ABC News’ Michelle Stoddart

In a speech to parliament Monday, Pakistan's Prime Minister Shehbaz Sharif said Pakistan will host the signing ceremony for the U.S.-Iran agreement in Geneva, Switzerland, on Friday.

Sharif did not provide details or mention a specific location in Geneva for the ceremony. ABC News has contacted Sharif's office to request further details on the planned ceremony.

Sharif praised Pakistan's negotiator, Field Marshal Asim Munir, saying there were many "ups and downs during the negotiations" and "moments when it seemed that it's over," but that Munir "did not give up."

-ABC News' Habibullah Khan and Victoria Beaule

The Lebanese Armed Forces on Monday urged people displaced from the south of the country by Israeli military operations there not to return to their homes and await further instructions, following Sunday's announcement of a memorandum of understanding that could bring an end to the U.S.-Israeli war with Iran.

"In light of recent developments in the region and with news circulating about reaching a ceasefire, the Army Command emphasizes the need for residents to postpone their return to the southern border villages and towns, and to adhere to the instructions of the deployed military units, in order to protect their safety from the danger of Israeli violations and attacks," the force said in a post to X.

Lebanon's NNA state media reported that some displaced Lebanese families were starting to head back to southern Lebanon following the U.S.-Iran agreement, which President Donald Trump announced on Sunday. The deal is expected to be signed on Friday, Trump said.

Local authorities and civil emergency groups began to open closed roads in the southern districts of Tyre and Bint Habeel, NNA reported, paving the way for the return of people to their homes.

Israeli Defense Minister Israel Katz on Monday said that the Israel Defense Forces will not withdraw from areas it has seized in southern Lebanon, Syria and the Gaza Strip regardless of a deal with Iran.

-ABC News' Ghazi Balkiz, Somayeh Malekian, Victoria Beaule and Jordana Miller

The Secretary-General of the International Maritime Organization Arsenio Dominguez called the reported agreement between the U.S. and Iran "an important step toward restoring safety in this vital maritime corridor for seafarers and ships, as well as safeguarding the fundamental principle of freedom of navigation."

Dominguez said in a statement published on Monday morning that the agreement allows the organization to "advance its plan to evacuate the thousands of seafarers stranded in the area," but that this "will require time to ensure that all necessary safety and security guarantees are in place."

-ABC News' Victoria Beaule