Iranian Deputy Foreign Minister Kazem Gharibabadi said he discussed the latest developments on the draft Islamabad memorandum of understanding with the United States in a joint meeting with the Russian and Chinese ambassadors in Tehran.
Iranian Foreign Minister Abbas Araghchi said a US-Iran MoU could be signed remotely within days if final negotiations are completed, but Tehran says no final decision has been made.
Washington says the emerging deal is performance-based, with sanctions relief and frozen funds tied to Iran dismantling nuclear infrastructure, removing or destroying enriched material and accepting inspections.
Iranian state media and lawmakers are circulating a different picture of the draft, emphasizing an end to the blockade, oil sanctions relief, $24 billion in blocked funds and future talks limited to nuclear and sanctions issues.
Hardliners in Tehran are attacking the draft and Araghchi’s messaging, warning the reported terms involve deeper concessions and saying no understanding is valid without Mojtaba Khamenei’s approval.
Hormuz remains an active flashpoint despite deal talk: CENTCOM says it downed Iranian drones targeting commercial shipping, while Iran says its pressure over the strait and service-fee issue remain part of negotiations.
US President Donald Trump on Saturday posted a screenshot of Pakistani Prime Minister Shehbaz Sharif’s X post saying a final text of the Iran-US MoU had been reached and that Pakistan was preparing for an electronic signing expected within 24 hours.
The spokesman for Iran’s parliamentary National Security Committee criticized Tehran’s approach to negotiations with Washington, saying “excessive generosity” at the negotiating table had led the United States to believe Iran was weak.
Ebrahim Rezaei wrote on X that such an approach had changed “the enemy’s calculations,” making it think Iran could be “swallowed.”
Iranian Deputy Foreign Minister Kazem Gharibabadi said he discussed the latest developments on the draft Islamabad memorandum of understanding with the United States in a joint meeting with the Russian and Chinese ambassadors in Tehran.
An emerging memorandum of understanding between Iran and the United States is not a final agreement but a framework outlining the main areas of dispute and paving the way for an end to the war, Iran’s foreign ministry spokesman said.
A tanker was struck by an unknown projectile off Oman, the United Kingdom Maritime Trade Operations said.
UKMTO said it received a report of an incident six nautical miles east of Oman, where the tanker was hit on its port bow.
The agency said the crew were safe and no environmental impact had been reported.
The tanker is continuing to its next port of call, UKMTO said.
Pakistan’s prime minister said on Saturday that the United States and Iran have agreed to a framework for a peace deal to end the months-long conflict in the Middle East, Reuters reported.
Shehbaz Sharif said a final text of the agreement had been reached and that Pakistan was preparing for an electronic signing expected within the next 24 hours.
He added that technical-level talks would follow next week.
Iran announced funeral ceremonies for former Supreme Leader Ali Khamenei more than 100 days after he was killed in Israeli and US strikes, with processions set to begin in Tehran on July 4 and end with his burial in the northeastern city of Mashhad on July 9, state media reported Saturday.
The ceremonies for Khamenei and members of his family will be held in Tehran, Qom and Mashhad from July 4 to July 9, according to a statement by the office that publishes his works.
Khamenei’s death in February marked the end of more than three decades at the helm of the Islamic Republic.
Several Iranian bank card services were disrupted on Saturday, with customers reporting failed payments, blocked transfers and POS errors in messages sent to Iran International.
Iranian media reported disruptions affecting cards issued by Bank Melli, Tejarat, Sepah and Saderat. Messages from users also cited problems with Mellat cards and said both online transfers and ATM or card payments were failing.
One shopkeeper said nearly 90% of bank cards had been down for about four hours, leaving customers unable to make purchases.
Another message from Mashhad said banks had been facing disruptions since the morning.
A customer said cards from Bank Melli, Mellat and Tejarat were not working at a shop, while another message said POS devices were showing an “issuer error.”
A member of Iran’s parliament presidium said any memorandum of understanding with the United States must be reviewed by parliament if it becomes an agreement, treaty or similar binding arrangement.
Alireza Salimi said no agreement should violate the Strategic Action Law to Lift Sanctions and Protect the Rights of the Iranian Nation, a law mandating the government to expand nuclear activities if US sanctions are not lifted.
Passed in 2020 after Tehran accused other parties to the 2015 nuclear deal of failing to meet their commitments, the law led Iran to step up uranium enrichment beyond the agreement’s limits and sharply restrict international inspections of its nuclear sites.
Its enrichment provisions were not merely a negotiating tactic. Iran began enriching uranium to 20% in early 2021, breaking the JCPOA limit of 3.65%, and later increased enrichment to 60% during talks with the West to revive the nuclear deal.
Under the same law, Tehran also halted voluntary implementation of the Additional Protocol and restricted inspectors’ access to the Islamic Republic’s nuclear sites.
An Iranian lawmaker said imports through the country’s southern ports are facing challenges because of the naval blockade.
Abbas Soufi, deputy chairman of parliament’s Construction Committee, said the entry of goods through southern ports had been affected by maritime restrictions.
His remarks point to growing economic pressure on Iran’s trade routes as the blockade and tensions around the Strait of Hormuz remain central to Tehran’s dispute with Washington.
