🔸 U.S.-IRAN AGREEMENT ADVANCES AS HORMUZ REOPENS

🔸 U.S.-IRAN AGREEMENT MOVES TOWARD FORMALIZATION: Iranian Supreme Leader Mojtaba Khamenei confirmed that a memorandum of understanding has been signed between Iran and the United States, while saying President Trump reached the agreement after using "various forms of pressure and leverage."

Khamenei said he personally held a different view, but authorized the agreement after receiving commitments from Iran's president and Supreme National Security Council regarding protection of "the rights of the Iranian nation and the Resistance Front."

Khamenei added that any future direct talks "should not be interpreted as acceptance of the enemy's viewpoint."

Iranian Foreign Ministry spokesman Esmail Baghaei said: "Our missiles are meant to be fired, not negotiated over. Our missiles don't even like being talked about."

Baghaei said Iran's defensive capabilities will not be discussed "in any process, with any party." He also said transferring enriched nuclear material out of Iran is unacceptable, while dilution remains one option.

Baghaei said the memorandum was signed in both Persian and English to prevent interpretive disputes. He warned that any new U.S. military buildup in the region or new sanctions during the 60-day window would violate the agreement.

The final agreement is expected to be formalized through a binding UN Security Council resolution. A White House official said: "The Iranians have requested that the terms of the memorandum of understanding not be published until the final version is issued."

President Trump said: "The Iran deal will be signed over the next 48 hours."

A joint monitoring body will supervise implementation of the memorandum and any future agreement.

⚓ STRAIT OF HORMUZ SHIPPING BEGINS RECOVERY: Commercial maritime traffic is cautiously resuming through the Strait of Hormuz after the U.S.-Iran framework agreement and the lifting of the U.S. naval blockade.

According to U.S. Central Command, restrictions on maritime traffic entering and exiting Iranian ports and coastal waters have been lifted in accordance with presidential directives.

Shipping trackers report at least 12 major tankers have crossed the chokepoint or former blockade boundaries. Three Saudi VLCC supertankers resumed operations, including the Awtad, carrying approximately 2 million barrels of crude toward South Korea.

The Shaden and Jaham also crossed the strait after temporarily disabling AIS tracking signals before reappearing in the Gulf of Oman.

Additional energy shipments have resumed, including an Iranian tanker carrying 27,500 barrels of petroleum products from Bandar Imam Khomeini to the UAE, the first Qatari LNG ballast carrier to re-enter the Persian Gulf since the conflict began, Qatar-linked LNG voyages toward Pakistan and India, and Iran-linked crude exports from Kharg Island.

The recovery follows a collapse in maritime activity during the 100-day conflict, when daily vessel movements reportedly fell by roughly 90%, from about 130 transits per day to only 10.

Industry operators are now testing the new 60-day free-transit period while maintaining elevated security precautions in one of the world's most critical energy corridors.

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