Per Woofun AI, the US-Iran nuclear negotiations have advanced to the second phase, with President Trump confirming that the forthcoming agreement will explicitly prohibit Iran from possessing nuclear weapons. The full text is expected to be released shortly, potentially accompanied by a public reading.

Concurrently, Saudi media disclosed a 14-point understanding memorandum outlining a $300 billion private fund structure, deliberately excluding government funding. Iranian Deputy Foreign Minister indicated that Speaker Kalibaf will attend the signing ceremony, with subsequent talks focusing on uranium enrichment and nuclear stockpiles.

Market reaction was immediate, with WTI crude oil plunging 7% and Brent crude falling below $80, marking its lowest level since early March. Despite this financial easing, geopolitical friction remains acute. Iranian Armed Forces accused Israel of violating the Lebanon ceasefire 84 times in two days, warning of military retaliation. Iranian Foreign Minister Araghchi emphasized that ending the Lebanon conflict is a prerequisite for concluding the Iran deal, a stance echoed by Hezbollah, which received commitments from Tehran not to sign until Israel withdraws.

Meanwhile, US intelligence maintains that Iran retains the capability to close the Strait of Hormuz, even as partial blockades are lifted.