BREAKING: Iran says the US has agreed to pay $300 billion in reconstruction funds directly to Iran as part of the deal Pakistan announced, alongside the release of $24 billion in frozen funds with $12 billion released before negotiations even start, per Mehr News.
This directly contradicts Trump's & Vance's claim that no funds will be transferred to Iran at all.
If Trump denies this is true, there never was a deal. If Trump confirms, the US has fully capitulated to Iran's demands.
Despite the US-Iran deal, the SPR releases will continue for a while. Last week, DoE put ~8.89 million barrels into the market (~1.3m b/d), continuing with several weeks of >1m b/d releases that are helping to keep the American oil market better supplied.
NEW: US and Iranian sources appear to have diverging interpretations of some aspects of the US-Iran agreement, which will likely complicate the implementation of the agreement and the next phase of negotiations.
The United States and Iran signed an agreement to end the war on June 14 and are expected to sign the agreement on June 19. The full text of the agreement has not been published at this time.
IRGC-affiliated media claimed that Iran will pause imposing "fees” on vessels transiting through the Strait of Hormuz for the next 60 days, but added that Iran intends to charge vessels “service fees” after the 60-day period. US Vice President JD Vance stated, in contrast, that the United States expects the Strait of Hormuz to be open “in a toll-free way for the long term.” Iran has consistently insisted that the “fees” it is imposing on vessels are not tolls and that shipping through the strait is therefore “toll-free.”
US officials also denied Iranian claims that the United States will release some frozen Iranian assets upon the signing of the agreement on July 19 and insisted that the release of Iranian assets is dependent on Iran’s implementation of the agreement.
IRGC-affiliated media argued that Iran must “strictly implement its interpretation” of the agreement and disregard the United States’ “nonsense interpretations,” which highlights the apparent divergence between Iran and the United States’ understandings of the deal.
ISW-CTP will provide further analysis about the US-Iran agreement in its June 15 update.
The plaintiffs argued the 11 projects – located in New York, Oregon, Connecticut, Minnesota, and Colorado – were targeted because those states voted for former Vice President Kamala Harris.
https://t.co/9pHREnjoIs
IRAN'S FOREIGN MINISTER: THE FIRST ROUND OF NEGOTIATIONS WOULD BE HELD AFTER THE SIGNING OF THE MEMORANDUM OF UNDERSTANDING BETWEEN IRAN AND U.S. - STATE MEDIA
IRAN'S FOREIGN MINISTER: WE PLAN THE PROCESS OF NEGOTIATIONS AND IMPLEMENTATION OF THE AGREEMENT BASED ON DISTRUST, BREACH OF COMMITMENTS, AND PAST EXPERIENCES - STATE MEDIA
In the last two years alone, the U.S. has added a million solar installations.
America now has over six million installations total🥳
Learn more about what this stat means for American energy: https://t.co/G4NVeKZBVb
President Trump says he warned Emmanuel Macron to drop France's 3% digital services tax on US tech giants, or face a 100% tariff on French champagne and wine (@jamesfraney / New York Post)
(Visit Techmeme dot com for the link and full context!)