Iranian officials warned they may leave negotiations with the United States if Israel continues military operations in Lebanon, according to Saudi news channel Al-Hadath. The talks between Iran and the US were scheduled to begin in Switzerland but were delayed. Meanwhile, Pakistani Interior Minister Mohsin Naqvi traveled to Iran and is expected to meet Iranian Foreign Minister Abbas Araghchi as part of Islamabad’s mediation efforts. Sources told the news agency that Lebanon has emerged as the main sticking point( It seems they forgot about the NUKES and ICBM’) in the negotiations and added that, if Iran agrees, a senior Pakistani delegation will head to Switzerland.
NN: Iran is in the catbird seat! They are squeezing Trump like a lemon to get everything they want. A Major military failure. Once the US could not open the straights and was not willing to take control of the coast line with troops on the ground Iran won! Trumps Waterlou!
The United States has informed Iran that Israel will not escalate its attacks in Lebanon any further in an attempt to reassure Tehran and bring it back to the negotiating table to discuss Iran’s nuclear program, CNN reported on Friday, citing a source familiar with the matter.
“Hezbollah violated the ceasefire. Israel has agreed to let it be, which was relayed to the Iranians, and it’s up to Hezbollah to stop,” the source said, according to the report.
The report follows both US Vice President JD Vance and the Iranian delegation delaying their trip to Switzerland, with previous reports claiming that Tehran postponed nuclear talks with Washington until it receives guarantees that Israel will stop its hostilities in Lebanon. Meanwhile, Israeli Prime Minister Benjamin Netanyahu said his country’s forces will remain in the security zone in southern Lebanon “as long as necessary,” while Israeli National Security Minister Itamar Ben-Gvir warned that “all of Lebanon must burn.”
NN: As Iran consolidates its victory over America it will demand more and more. They have a super weapon. Iran controls the straights and 20% of the worlds daily supply
Trump: Iran is finished, will get no money
United States President Donald Trump said on Friday that Iran is “finished,” claiming that the Middle Eastern country will not get any money, “not ten cents.” “We didn’t meet out of desperation, Iran did. They are FINISHED,” Trump said in a post on Truth Social. “The War has diminished Iran! It doesn’t, any longer, have an Air Force, a Navy, Antiaircraft Equipment, Radar, or practically anything else, and yet the Dumocrats say that Iran is better off now than it was four months ago. Can you imagine getting away with that?” he added. The US president’s remarks echo his previous claims that reports of Iran receiving $300 billion from Washington are “Fake News,” after several Republican lawmakers criticized the memorandum of understanding with Iran for allegedly paving the way for the US to help Iran rebuild after the war.
NN: Complete disarray. Iran is in control and their will be hell to pay
Iran’s Islamic Revolutionary Guard Corps (IRGC) warned the United States on Friday against violations of the memorandum of understanding (MoU) between their countries, stressing that it stands “ready to impose a much greater historical defeat on them.” In an official statement, the IRGC insisted that the enemy, as it described the US, “has been defeated on the battlefield.” It also described the most recent conflict as the “history-making mission of the Iranian nation,” when the “warriors of Islam” managed to prevent the enemy from “erasing Iran from the map.
” In turn, the enemy was forced to turn to a position of “requesting and begging for understanding and negotiation, and has knelt before the greatness of our nation.”
The IRGC also thanked Supreme Leader Mojtaba Khamenei and God for their guidance during the operation.
Iran said to halt US talks until Lebanon strikes end
Iran is postponing negotiations with the United States in Switzerland until it receives guarantees that the hostilities in Lebanon will end, CNN reported on Friday, citing a diplomat with knowledge of the matter. “The Iranians have asked for guarantees that hostilities in Lebanon will end, as outlined in the signed agreement,” the diplomat was quoted as saying. He added that “mediators are currently working to resolve the issue,” without specifying when the talks may continue. Yesterday, US Vice President JD Vance urged both Israel and Hezbollah to refrain from attacks. US President Donald Trump noted that he expects a “complete ceasefire on all fronts.”
NN: Once Iran showed Trump their would be no regime change, he could not defend Gulf state oil assets from drone attacks, could not protect US military bases in the region. could not protect ships from entering or exiting the straight he folded like a paper bag. Now they got him by the balls. And he will be their bitch.
The uncertain pace of supply recovery in the Middle East and the continued rapid drawdowns of global inventories make the case that oil price volatility would drag on during the 60-day U.S.-Iran negotiation window, David Fyfe, Chief Economist at Argus Media, told CNBC on Thursday. As the U.S. and Iran formally signed an agreement to reopen the Strait of Hormuz, oil prices continued their slide this week and Brent Crude was as trading at around $77 per barrel in Asian trade on Thursday, as the market hopes for a quick recovery of the lost oil supply. Brent Crude prices fell to below $80 per barrel for the first time since March, but some analysts think oil has become oversold, especially amid lingering uncertainties about pretty much everything surrounding the return of Middle Eastern supply.
The memorandum of understanding to launch 60-day negotiations, extendable with mutual consent, means nothing has been resolved between the U.S. and Iran.
It’s not clear how long the expected imminent reopening of the Strait of Hormuz will take—Iran has to clear mines from the chokepoint, while Middle Eastern producers cannot return the 12 million barrel per day of production they had shut in “at the flick of a switch,” Argus Media’s Fyfe told CNBC. “An awful lot of questions about just how quickly supply can be returned to the market” remain, the economist said.
Moreover, global oil stocks are very low and the market is currently in a deficit. “It wouldn’t take much for prices to spike again,” Fyfe said, commenting on the uncertainties about how quick supply could return.
Global oil stocks are drawing and will continue to draw at a pace of about 2.5 million bpd in the third quarter even with a gradual return of supply, adding to price volatility, according to Fyfe. “Don’t expect this to be a one-way trade in terms of crude prices going further down,” the economist told CNBC.
NN: I want to be crystal clear here. This drop in oil prices is a buyers gift from the market manipulators Their is only 20 million barrels on ships to come out of the straights when they open . Deficit from the shutdown is over 900 million barrels. It will take 450 days IF they can RAISE PRODUCTION by 2 MBPD. Reality is it will at best 1 year to return to 2025 production levels never mind increase production. Which means the oil market will be undersupplied for years into the future.
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 8.3 million barrels from the previous week. At 418.2 million barrels, U.S. crude oil inventories are about 6% below the five-year average for this time of year. U.S. crude oil refinery inputs averaged 17.2 million barrels per day during the week ending June 12, 2026, which was 230 thousand barrels per day more than the previous week’s average. Refineries operated at 96.7% of their operable capacity last week. Gasoline production increased last week, averaging 10.1 million barrels per day. Distillate fuel production decreased, averaging 5.2 million barrels per day. U.S. crude oil imports averaged 5.1 million barrels per day last week, decreased by 754 thousand barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 5.7 million barrels per day, 7.2% less than the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 738 thousand barrels per day, and distillate fuel imports averaged 127 thousand barrels per day. Total motor gasoline inventories decreased by 0.9 million barrels from last week and are 6% below the five-year average for this time of year. Finished gasoline inventories slightly increased, while blending component inventories decreased last week. Distillate fuel inventories increased by 1.0 million barrels last week and are about 13% below the five-year average for this time of year. Propane/propylene inventories increased by 3.0 million barrels from last week and are 36% above the five-year average for this time of year. Total commercial petroleum inventories decreased by 7.9 million barrels last week.
Total products supplied over the last four-week period averaged 20.6 million barrels per day, up by 3.3% from the same period last year. Over the past four weeks, motor gasoline product supplied averaged 8.9 million barrels per day, down by 1.1% from the same period last year.
Distillate fuel product supplied averaged 3.7 million barrels per day over the past four weeks, up by 5.5% from the same period last year. Jet fuel product supplied was down 0.2% compared with the same four-week period last year.
Below is the text of the 14-point draft memorandum I received 2 days ago under the condition I could trade it but i had to wait till today to publish
The Islamic Republic of Iran and the United States, together with their allies in the current war, declare upon the signing of this Memorandum of Understanding an immediate and permanent end to the war on all fronts, including Lebanon, and undertake that from now on they will not launch any hostile action against each other, and will refrain from the threat or use of force against each other. The final agreement will confirm the provisions of this Article and the remaining Articles.
The Islamic Republic of Iran and the United States undertake to respect each other’s sovereignty and territorial integrity, and to refrain from interfering in each other’s internal affairs.
The Islamic Republic of Iran and the United States undertake to negotiate and reach a final agreement within a maximum period of 60 days, extendable by mutual consent.
Immediately upon the signing of this Memorandum of Understanding, the United States Lift the naval blockade and prevent any interference or obstruction against the Islamic Republic of Iran, and restore traffic within a maximum of 30 days to its full capacity; the traffic of ships shall be proportional to the pre-war volume of traffic on the part of the Islamic Republic of Iran. The United States also undertakes to withdraw its forces from the surrounding areas within 30 days after the final agreement.
Upon signing this Memorandum of Understanding, the Islamic Republic of Iran will immediately take steps to ensure that the movement of merchant ships from the Persian Gulf to the Sea of Oman and vice versa is resumed within 30 days to the pre-war volume, taking into account the need for the removal of technical obstacles and the neutralization of mines by Iran.
The United States undertakes, together with its regional partners, to create a comprehensive plan agreed upon by both parties for the rehabilitation and economic development of the Islamic Republic of Iran, While ensuring financing of at least $300 billion. The implementation mechanism of this plan, as part of the final agreement, will be formulated within 60 days.
The United States commits to ending, on a schedule to be agreed upon as part of the final agreement, all types of sanctions currently facing the Islamic Republic of Iran, including resolutions of the United Nations Security Council and the Board of Governors of the International Atomic Energy Agency (IAEA), and all unilateral U.S. sanctions, both primary and secondary.
The Islamic Republic of Iran reiterates that it will never produce nuclear weapons. The Islamic Republic of Iran and the United States have agreed that the fate of enriched material and the fate of all other mutually agreed nuclear-related issues, including Iran’s nuclear needs, will be adequately addressed in a final agreement; the final agreement will confirm the provisions of this Article.
The Islamic Republic of Iran and the United States agree that, pending a final agreement, they will maintain the status quo: Iran will maintain the status quo on its nuclear program, and the United States will not impose new sanctions on Iran or strengthen its forces in the region.
The United States undertakes that immediately after the signing of this Memorandum of Understanding, and until the date of the lifting of sanctions, the United States Treasury Department will issue waivers for exports of Iranian crude oil, petrochemical products and their derivatives, and all related services, including banking, insurance, transportation, and the like.
The United States undertakes that, in light of the progress of negotiations towards a final agreement, frozen or restricted funds and assets of the Islamic Republic of Iran will be released and made fully available. These funds, whether held in the master account or transferred, will be used for any final beneficiary payment determined by the Central Bank of the Islamic Republic of Iran and will be fully available for use. The United States undertakes to issue all necessary permits and licenses on this basis.
The Islamic Republic of Iran and the United States agree that an implementation mechanism will be established to oversee the successful implementation of and future commitment to the Final Agreement.
Following the signing of this Memorandum of Understanding, and upon receipt of assurances regarding the commencement of implementation of Articles 4, 5, 10, and 11 of this Memorandum of Understanding, and the continued implementation of these steps, the Islamic Republic of Iran and the United States will enter into negotiations for a Final Agreement solely with respect to the remaining Articles.
The final agreement will be approved through a binding resolution of the UN Security Council.
NN: Total and complete (AKA) unconditional surrender as promised when this started. Unfortunately its shocking to see this unconditional surrender by the US not iran. Trump caved in when informed by the US military they could not open the straights (the drones) and US oil majors warned $250 oil by August just in time to guarantee a staggering defeat of the Republicans in the fall elections. It is still my opinion it will take months to bring back 70% gulf output and after present market manipulations run the r course i believe we will end up with over $100 Brent
Israel is concerned that Iran would use the 60 days planned for further nuclear-themed negotiations with the United States to advance its program, Israeli Channel 12 reported on Tuesday.
According to senior Israeli officials familiar with the matter, the country fears that Iranian Supreme Leader Mojtaba Khamenei does not want Washington and Tehran to reach a final agreement on the latter’s nuclear status.
They added that Israel estimated that Iran agreed to the memorandum of understanding (MoU) with the US to open the Straight of Hormuz and have sanctions against it removed. Earlier in the day, Iranian Foreign Minister Abbas Araghchi said that a MoU would come into force on Friday. He added that the next round of negotiations with the US would begin on the same day.
NN: Sad day! A complete surrender to Iran. Do not be fooled. Nothing has been finalized. Brent is in the seventies. that will change when 2 things happen
Iran has benn given complete control of the straights and oil flows will not be fully restored.
Russian sanctions on their oil sales will be put in place and enforced
The prices of oil futures continued to fall on Tuesday, with Brent going below $80 per barrel for the first time since early March. The agreement reached between the United States and Iran offset concerns about the availability of crude oil. US President Donald Trump, who is currently in France for the G7 summit, commented that the Strait of Hormuz will fully reopen by Friday, with no fees to be paid. At 8:22 am ET, Brent for August settlements dropped 3.69%, selling at $79.96 a barrel. A minute later, West Texas Intermediate (WTI) for July deliveries plunged 4.71%, going for $77.66 per barrel.
NN: This is the good news stage. The nut cutting comes as Iran seals its victory on its terms and humiliates Trump. They won….Trump got nothing
Iranians who oppose the regime are “shocked” by the emerging details of an agreement between the US and Iran. The source, who is in touch with Iranians inside Iran and is knowledgeable about the situation on the ground nationwide, discussed how the emerging agreement is being received in Iran. The source said that friends say “everything was going on organically to the advantage of the Iranian people and the world since the first war in June 2025 started against the Islamic Republic.”The source discussed the 12-day war and how that conflict, which began with Israeli strikes on Iran, was successful.However, the source said that dissidents in Iran have been surprised by the outcome of the Trump administration’s involvement. “He came to harvest what Israelis had planted while the tree was still a sapling, and he ruined the seeding.” The source said that one surprising comment among opponents of the regime is talk about how hardliners could stage a military coup inside Iran. This is because there is opposition to an emerging deal within the Islamic Revolutionary Guard Corps (IRGC). “There’s numbers [sic] of hardliners in the regime body yet,” the source said, then claimed that “reformists in the IRGC” have been doing “a purge in recent months. They isolated the hardliners.”
Iranian regime ‘fooled’ Trump administration, dissidents fear
The concern is that within Iran, the regime perceives an emerging deal, apparently mediated by Pakistan and Qatar, as a win for Tehran. “On Iranian state TV, they described it as the victory of the axis of resistance against the US,” the source notes. “We are all shocked. I was talking with a friend in Iran a few hours ago. They can’t believe they made the deal.” The concern among those who oppose the regime in Iran is that the US has been convinced to make this deal. The source is critical of the Trump administration’s team and says they have been fooled by the regime. “We were thinking that hardliners in Iran won’t allow the moderates and reformists to do a deal with the US.” This has led some to believe that it may be preferable for the “hardliners in Iran to gain more temporary power, so they can stop this agreement from being finalized.” In a sense, the hardliners could sabotage the deal, thereby weakening the regime in the long run. “The moderates within the IRGC, and those working with them, understand the language of Western diplomacy. They know how to mislead Western governments, how to switch to the role of the ‘victim’, and how to shape international public opinion so that it looks as if the Islamic Republic has been treated unfairly,” the source added.
There is now a concern that the regime and its proxies, such as the Houthis and Hezbollah, have won. There is a sense that the Iranian people deserved better than what has happened to them.
They suffered a massacre in protests in January, and then the February war did not bring the toppling of the regime. Instead, the regime may feel empowered.
NN: The terms of the US surrender to Iran is shocking. Trump sold out in a desperate attempt to NOT END UP WITH $200 oil and $10.00 gasoline right before US elections
The memorandum of understanding between the United States and Iran gives Iran and Oman control over “the future of the administration of maritime services” in the Strait of Hormuz, the Iranian news agency Fars reported on Monday. According to a source familiar with the matter, Iran has agreed to provide 60 days of free passage through the strait, after which the US “accepted in principle” that a toll will be charged. The report added that Tehran intends to provide “safety, navigation, environmental, and insurance services” to vessels transiting the strait, and use the proceeds from the tolls to strengthen the country’s economic development. It claimed that negotiations have been held with Oman to coordinate the toll mechanism.
NN: Its a new chapter for trumps book called “The Art Of a BAD Deal”