Pezeshkian says Iran will honor MoU if US upholds commitments

US stocks ended sharply higher on Monday, with the Dow Jones Industrial Average closing at a record high, as hostilities between Washington and Tehran eased following weekend strikes and investors welcomed signs that diplomacy remains on track.

According to Reuters, U.S. and Iranian technical teams are expected to meet in Doha in the coming days to discuss implementation of the interim peace agreement after the latest exchange of strikes threatened to derail the fragile understanding.

The S&P 500 rose 1.16% while the Nasdaq Composite gained 2.04%. The Dow climbed 0.57% to finish at a record 52,172.69, led by renewed strength in major technology shares.

Iranian civil rights activist Rezvaneh Ahmadkhanbeigi was sent back to Tehran's Evin Prison on Monday to continue serving her sentence, accompanied by her daughter, Mahfar Lalehzari, who is less than two years old, the US-based Human Rights Activists News Agency (HRANA) reported.

According to HRANA, Ahmadkhanbeigi had been granted temporary leave from Evin Prison last September to give birth. She and her husband, Behfar Lalehzari, were initially sentenced to a combined 10 years in prison on charges of assembly and collusion against national security and propaganda against the state, but their sentences were later reduced to 21 months following a retrial.

HRANA reported that the couple were arrested by security forces at their home in September 2023.

A confidential security annex signed by Lebanon and Israel calls for the Lebanese army to ensure the disarmament of Iran-backed militant group Hezbollah and all other non-state armed groups, Saudi outlet Asharq News reported.

According to the report, the annex was signed alongside a trilateral framework agreement after four days of negotiations and provides for an initial pilot zone in the South Litani sector.

The report said that the annex sets out a four-step model involving clearance, verification, Lebanese army control and state-led reconstruction.

The report added Israel and Lebanon would establish a Military Coordination Group for Lebanon to manage deconfliction, verification and implementation through indirect military-to-military channels.

According to Asharq, Israel would commit to a phased, conditions-based redeployment from Lebanese territory, pending the successful completion of an agreed and verifiable disarmament and dismantlement process.

A member of Iran’s negotiating delegation’s media team said no nuclear talks had taken place with the United States, even at a technical level, and that none would begin until Article 13 of the US-Iran memorandum of understanding was resolved.

Speaking to Iranian state TV on Monday, Saeed Ajorlou said Iran’s conditions must be fully met before any nuclear negotiations could begin.

Article 13 says that after the MoU is signed, and subject to the start and continuation of the implementation of paragraphs 1, 4, 5, 10 and 11, the United States and Iran will begin negotiations on a final deal exclusively on the other paragraphs.

Mohammad Akbarzadeh, the political deputy of the Islamic Revolutionary Guard Corps Navy, was killed after his car overturned in Iran's southeastern Kerman province, the IRGC-affiliated Fars news agency reported.

Fars said police and emergency responders attended the scene after the crash and Akbarzadeh was taken to a medical centre, where he died from the severity of his injuries.

The report said said authorities had launched an investigation into the cause and circumstances of the crash.

Earlier this month, Akbarzadeh was among those sanctioned by the European Union over support for measures restricting freedom of navigation through the Strait of Hormuz.