Faytuks Network

Under the draft memorandum, the U.S. will waive oil sanctions on Iran for a specified period, allowing Iran to sell oil and receive revenues - Senior Iranian official to Reuters

A senior Iranian official tells Reuters the U.S. agrees to release $25 billion of Iran’s frozen assets under the draft memorandum, via direct cash transfers, regional cooperation, and financial credit lines

A senior Iranian official tells Reuters that under the draft memorandum with the U.S., Tehran agrees it will neither produce nor acquire nuclear weapons.

Lifting maritime and commercial restrictions on Iranian vessels is listed as one of the main pillars of the proposed agreement - Fars News (IRGC-affiliated)

Under the framework, a portion of Iran’s frozen assets will be released at the start of implementation, alongside the suspension of some economic restrictions to enable increased trade and oil sales - Fars News (IRGC-affiliated)

Iran’s Fars News reports the framework calls for a full halt to military operations against Iran and Lebanon, with the U.S. required to provide security guarantees to prevent future tensions.

RAW FOOTAGE: British Forces Board Russian Shadow Fleet Tanker in the English Channel https://youtu.be/YL9SGXSNDXk

Israeli official says the US-Iran agreement ‘is not the end of the game.’ - NYT

Israeli official says Netanyahu’s relationship with Trump is good, adding that disagreements between allies are expected and can be overcome - NYT

Israeli official says Israel asked Washington not to restrict its military operations in Lebanon - NYT

UAE diplomatic advisor Anwar Gargash: ‘We have never been advocates of war, and we will remain advocates of peace and stability.’

Volodymyr Zelenskiy confirmed that Ukranian forces conducted overnight strikes against an oil facility in Russia’s Yaroslavl region and the Azot chemical plant in the Tula region. Zelenskiy described the plant as vital to Russian explosives production and reported additional strikes on military logistics.

Israel’s Defense Minister has appointed Brig. Gen. Hisham Ibrahim, one of the IDF’s most senior Druze officers, as his new military secretary, effective immediately.

Iran’s Fars News (IRGC-affiliated) reports, citing a source, that Tehran’s final decision on the framework deal with the U.S. is still under review.

Iran’s banking coordination council says a limited cyberattack has disrupted services at four major banks but no customer data have been compromised - IRIB

US Vice President Vance and Iranian Parliament Speaker Ghalibaf will hold a virtual meeting today to sign the memorandum of understanding, after which the Strait of Hormuz will be reopened - i24News

Qatari negotiators flew to Tehran this morning as part of effort to finalize agreement to end the US-Iran war - Reuters

Keir Starmer has ordered the U.K. armed forces to intercept a “shadow fleet” oil tanker attempting to transit the English Channel. Starmer described the operation as a strike against those fueling Russia’s war in Ukraine.

Earlier today a U.S. Marine Corps F/A-18 Hornet crashed near Rimrock Lake, Washington, during a routine training flight, sparking a brush fire. The pilot ejected safely and was hospitalized with minor injuries. An investigation into the cause is underway.

New York Knicks defeated the San Antonio Spurs 94-90 on Saturday to claim their first NBA championship since 1973.