Iran and the U.S. have reached a tentative agreement, pending approval from former President Trump, Axios reports. Trump requested "a few days" to consider the deal. The memorandum includes resumption of Iran nuclear talks, a 60-day truce extension, continued navigation through the Strait of Hormuz, Iran’s demining of the Strait, suspension of uranium enrichment for nuclear weapons, and U.S. discussions on sanctions relief.

The United States is prepared to resume military operations against Iran if negotiations fail, according to Hegset.

U.S. imposes sanctions on Iranian agency overseeing Strait of Hormuz

💸 Loracle has closed its $BTC, $LIT, $TON, and $VVV shorts. The $HYPE short is still being closed: 1. 1.518M $HYPE (~$105M) left, with losses over $36M. New longs opened: - $ZEC (10x) - $ASTER - $TON (5x). Positions are still increasing.