Reuters | U.S. to release $25 billion in frozen funds for Iran. Last minute negotiations to secure deal. Israel bombs terrorist Hezbollah.

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Iran agrees not to produce or acquire nuclear weapons in draft MOU – Reuters

Iran has agreed under a draft memorandum with the United States that it will neither produce nor acquire nuclear weapons, Reuters reported on Sunday, citing a senior Iranian official.

The official said Washington had also agreed that Tehran would dilute its highly enriched uranium stockpile inside Iran, with a mechanism to be discussed over the next 60 days.

Under the draft, the United States would waive oil sanctions on Iran for a specified period, allowing Tehran to sell oil and receive revenues, the official said.

The draft would also immediately reopen the Strait of Hormuz to all commercial vessels while the United States lifted its naval blockade, and Washington would release $25 billion in frozen Iranian assets, the official said.

Qatari mediators travel to Tehran to finalize truce in U.S.-Iran war, diplomat says

In coordination with the United States, Qatari negotiators flew to Tehran on Sunday morning to help facilitate the finalization of the agreement, according to a diplomat with knowledge of Iran-U.S. diplomacy.

Lead mediator Pakistan and President Trump both announced on Saturday that a deal was expected to be signed on Sunday.

Iran reviews draft MOU with US as Israel targets Hezbollah in Beirut

Summary

  • The Israeli military said on Sunday it had carried out a precise strike on a Hezbollah infrastructure site in Dahieh, in Beirut’s southern suburbs.
  • Iran is still reviewing the memorandum of understanding with the US, IRGC-affiliated Fars News reported, citing an informed source close to the negotiating team.
  • Qatari negotiators flew to Tehran on Sunday morning as part of efforts to finalize an agreement to end the US-Iran war, Reuters reported, citing a source with knowledge of the situation.
  • A limited cyberattack on shared communications infrastructure caused disruptions at four Iranian banks, the country’s coordination council of banks said on Sunday.
  • A group of hardliners held protest rallies against an emerging deal with the United States in Tehran and Mashhad, accusing Iran’s Foreign Minister Abbas Araghchi of being an infiltrator and compromising with the US.
  • President Trump said a deal with Iran is scheduled to be signed Sunday and would immediately reopen the Strait of Hormuz, while warning that he has an “ultimate alternative” if the process fails. He also ruled out any cash exchange in the deal, vowing to retrieve Iran’s uranium stocks at a later time.
  • Pakistan’s Foreign Ministry spokesman Tahir Andrabi said Saturday that Islamabad will host the signing ceremony for an Iran-US peace agreement by video conference on Sunday. Iran’s foreign ministry earlier said the signing will not happen on Sunday.
  • Iranian Deputy Foreign Minister Kazem Gharibabadi said he discussed the latest developments on the draft Islamabad memorandum of understanding with the United States in a joint meeting with the Russian and Chinese ambassadors in Tehran.
  • Iranian Foreign Minister Abbas Araghchi said a US-Iran MoU could be signed remotely within days if final negotiations are completed, but Tehran says no final decision has been made.