Hunar Kamal

[Clash Report @clashreport]

Oman and Saudi Arabia launched a “Secure Green Land Corridor” linking Sohar Port to SPARK Dry Port via the Empty Quarter highway (~564 km Saudi segment, ~$533 million to build).

It aims to cut costs, speed up cargo transit, and bypass maritime chokepoints.

[Watcher.Guru @WatcherGuru]

JUST IN: Ethereum Foundation fires 20% of its staff.

[Barchart @Barchart]

BREAKING 🚨: Japan

Japanese approaching its weakest level against the U.S. Dollar in almost 40 years 📉🇯🇵

[Bitcoin professor @Bitcoinprof0637]

🇺🇸The U.S. Senate is expected to take up the CLARITY Act this week, a bill designed to create a clearer regulatory framework for digital assets and crypto markets. 🇺🇸

If passed, it could become one of the most important pieces of crypto legislation in U.S. history, providing greater legal certainty for the industry and defining oversight responsibilities.

Will this be the turning point that brings crypto fully into the mainstream?

Should President Trump sign the CLARITY Act immediately if it reaches his desk? 👀🇺🇸🔥

#Bitcoin #Crypto #CLARITYAct

[Jack Prandelli @jackprandelli]

KEY chokepoints 🚢

Malacca handles 23,100 vessel transits this year alone 4x Hormuz's traffic.

Meanwhile:

💠 Bab el-Mandeb + Hormuz simultaneously closed → the Arabian Sea became a maritime dead end

💠 Maersk, MSC, Hapag-Lloyd all declared force majeure on Middle Eastern transits

💠 China detained 136 Panama-registered vessels at Chinese ports in April retaliation over the canal ruling

💠 Turkish Straits handling Russian and Ukrainian grain under Western sanctions pressure

💠 Suez traffic collapsed since the Houthi campaign began

The IEA said it clearly: the Hormuz blockade created an oil and gas crisis more severe than 1973, 1979, and 2022 combined.

And that's just one strait.

The Iran war proved exactly how fast a single chokepoint crisis hits Indian factories and Louisiana gas stations at the same time.

[Reuters @Reuters]

Iran war triggers global race to build oil reserves https://t.co/I0xDPf7TCO https://t.co/I0xDPf7TCO

[Insider Paper @TheInsiderPaper]

BREAKING 🚨🚨 UK PRIME MINISTER KEIR STARMER ANNOUNCES HE WILL RESIGN

[Barchart @Barchart]

Goldman Sachs cuts year-end Gold Forecast by $500/ounce 🚨🚨

[Ministry of Foreign Affairs - Pakistan @ForeignOfficePk]

🔊PR No: 1️⃣5️⃣1️⃣/2️⃣0️⃣2️⃣6️⃣

Joint Statement by the State of Qatar and the Islamic Republic of Pakistan Regarding the Conclusion of Lake Lucerne Summit, First High-Level Committee Meeting with Participation of the United States of America and the Islamic Republic of Iran

[Seyed Abbas Araghchi @araghchi]

Tireless Pakistani and Qatari mediation has delivered major progress to end Lebanon War. Oil and petrochem exports are waived, blockade lifted, some frozen assets released, and major reconstruction & development plan launched for Iran.

1st real test: Lebanon deconfliction cell

[Whale Insider @WhaleInsider]

JUST IN: 🇮🇷 Iran oil exports through the Strait of Hormuz surge to highest level since war began.

[Global Markets Investor @GlobalMktObserv]

🔥Central bank gold demand remains structurally strong:

Central Bank Gold Demand Nowcast shows monthly purchases have eased to ~50 tonnes, down from a 2026 high of over 100 tonnes, according to Goldman Sachs.

Despite this pullback, current demand remains nearly 3 TIMES the pre-2022 average of 17 tonnes per month.

Meanwhile, the National Bank of Poland increased its gold reserves by 18 tonnes in May, the largest monthly addition since February, lifting its total holdings to a RECORD 614 tonnes.

This confirms that central banks continue to accumulate gold at a structurally elevated pace, even as the pace of buying moderates from its recent peak.

Central banks continue to be bullish on gold.

[Barchart @Barchart]

BREAKING 🚨: Silver

Silver has now lost almost half its value since hitting an all-time high in January 📉📉

[Clash Report @clashreport]

Qatar and Pakistan said US-Iran talks in Switzerland made “encouraging progress,” with both sides agreeing to launch technical negotiations and establish a high-level committee to oversee mediation efforts.

The committee adopted a roadmap aimed at reaching a final agreement within 60 days and set up specialized working groups on Iran’s nuclear program, sanctions, and dispute resolution.

The parties also opened a direct communication channel to prevent incidents in the Strait of Hormuz and created a de-confliction mechanism for Lebanon.

Technical talks will continue this week in Burgenstock, Switzerland.

[Gunther Eagleman™ @GuntherEagleman]

🚨 BREAKING: Iraq has officially approved Starlink’s operating license, paving the way for satellite internet service across the country in a major step forward for connectivity, technology, and economic growth.

[DogeDesigner @cb_doge]

BREAKING: Iraq has approved Starlink’s operating license, clearing the way for its satellite internet service to enter the country.

Iraqi Prime Minister Ali al-Zaidi and U.S. Special Presidential Envoy for Iraq Tom Barrack welcomed the approval of Starlink’s operating license.

[إيران بالعربية @iraninarabic_ir]

النص الرسمي لمذكرة ال��فاهم بين الجمهورية الاسلامية الايرانية والولايات المتحدة.

[الحدث @AlHadath]

🔴 تعهد إيراني جديد لحزب الله

🔴 تقرير لـ "رويترز": طهران تتعهد لحزب الله بزيادة الدعم المالي بعد اتفاقها النهائي مع واشنطن

⭕ وكالة "رويترز" طهران وعدت حزب الله بزيادة الدعم المالي فور تدفق الموارد المالية بعد توقيع الاتفاق النهائي مع واشنطن

⭕ التقرير جاء في وقت لا تزال تتصاعد فيه التوترات بين إسرائيل وحزب الله في جنوب لبنان

[DD Geopolitics @DD_Geopolitics]

🇺🇸🇮🇷 BREAKING!!!! The White House has released the full text of 14-point MoU

The points summarised are as follows:

1. The U.S. and Iran, and their allies in the current war, by signing this MoU, declare the immediate and permanent termination of military operations on all fronts, including in Lebanon, and undertake from now on not to initiate any war or any military operation against each other, and to refrain from the threat or use of force against each other, and ensuring the territorial integrity and sovereignty of Lebanon.

2. The U.S. and Iran will respect each other's sovereignty and territorial integrity and refrain from interfering in each other's internal affairs.

3. The U.S. and Iran commit to achieving a final deal in a maximum of 60 days, extendable with mutual consent.

4. The U.S. will immediately begin the removal of its naval blockade and any disturbances or impediments against Iran, and will fully end the naval blockade within 30 days. During this period, the traffic will be in proportion to the number of pre-war traffic being restored by Iran. The U.S. further undertakes to remove its military forces from the proximity of Iran within 30 days after the final deal.

5. Iran will make arrangements for the safe passage of commercial vessels with no charge for 60 days from the Persian Gulf to the Sea of Oman, and vice versa. The traffic of commercial vessels will immediately start, considering the need for removing the technical and military obstacles and demining, within 30 days. Iran will conduct a dialogue with Oman to define the future administration and maritime services in the Strait of Hormuz in discussion with other Persian Gulf littoral states in line with international law and the sovereign rights of coastal states of the Strait of Hormuz.

6. The U.S. undertakes with its regional partners to develop a definitive, mutually agreed plan with at least USD 300 billion for the reconstruction and economic development of Iran, as part of the final deal after 60 days. All required licenses, waivers, and permissions will be granted.

7. The U.S. will terminate all types of sanctions against the Islamic Republic of Iran, including the UNSC resolutions, IAEA Board of Governors resolutions, and all unilateral US sanctions, primary and secondary, in an agreed-upon schedule as part of the final deal.

8. Iran reaffirms that it shall not procure or develop nuclear weapons. The U.S. and Iran have agreed to resolve the disposition of stockpile enriched materials, pursuant to a mechanism that will be mutually agreed upon in accordance with the schedule mentioned in paragraph seven, with at a minimum a downblending on site under the supervision of the IAEA. The two parties also agreed to discuss the issue of enrichment and other mutually agreed matters related to Iran's nuclear needs.

9. Pending the final deal, the U.S. and Iran agree to maintain the status quo. Iran will maintain the current status quo of its nuclear program, and the U.S. will not impose any new sanctions and will not deploy additional forces in the region.

10. The U.S. undertakes that immediately upon the signing of this MoU, waivers will be issued for the export of Iranian crude oil, petroleum products, and derivatives, and all associated services, including banking transactions, insurances, transportation, etc.

11. The U.S. undertakes to make fully available for use the frozen or restricted funds of the Islamic Republic of Iran upon the implementation of this MoU. The U.S. and Iran will mutually agree on the procedures related to the release of these funds during the negotiations.

12. A monitoring mechanism will be established to supervise the implementation of this MoU and the subsequent deal.

13. After signing this MoU and subject to the beginning of the implementation of paragraphs 1, 4, 5, 10, and 11, and the continuing implementation of these measures, the U.S. and Iran will start negotiations regarding the final deal.

14. The final deal will be endorsed by a UNSC Resolution.