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The deal to end fighting and re-open the Strait of Hormuz leaves the sides where they were 24 hours before the war - only with thousands now dead.
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Held in Évian-les-Bains, France from June 15-17, this will be the president's fifth time physically attending the conference, and comes amid heightened global turmoil.
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President Donald Trump marked his 80th birthday on Sunday by hailing an initial agreement to end the war in Iran and staging a cage-fighting show on the White House's storied South Lawn.
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While the president says the agreement with Iran would open the Strait of Hormuz and provide economic relief, the country's nuclear program is still a subject for negotiation.
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After President Trump announced that U.S. strikes on Iran would be canceled due to a deal to end the war being signed in the next few days, Iranian state media responded that the reports of a deal are "speculative and nothing has been finalized." NBC News' Monica Alba, Matt Bradley and Brian Cheung report on the implications politically, abroad and on the stock market.
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