Summary

• Trump Praises Iran for Fully Reopening Hormuz Chokepoint; Crude Tanks, Yields Dump, Equity Futs Up; Follows by claiming Iran will 'never again' close it; FARS soon after contradicts in fresh threat.

• Iran's Aragchi says "Strait of Hormuz is declared completely open". However, Iranian official tells FARS: "If the maritime blockade continues, it will be considered a violation of the ceasefire, & the Strait of Hormuz transit route will be closed."

• US mulls cash-for-uranium deal as 'three-page' MOU peace plan takes shape. Trump claims US will get the 'nuclear dust' - Iran official denies.

• Peace talks reportedly on Sunday in Islamabad. Trump: "Most of the main points are finalized. It'll go pretty quickly."

Odds of a permanent peace deal by the end of the ceasefire are soaring above 50% by the end of the month...

Huge Denial by Iran

Iranian source in conversation with Al-Arabi Al-Jadeed: Trump's claim about the delivery of Iran's enriched uranium is baseless. Per the report:

• Iranian source in conversation with Al-Arabi Al-Jadeed: Only civilian ships can pass through the Strait of Hormuz, and that too through routes specified by Iran. The announcement of the temporary opening of the Strait of Hormuz has nothing to do with the current negotiations with Washington.

• We waited a few hours to make sure that a ceasefire had been established in Lebanon; then we temporarily opened the Strait of Hormuz. The announcement of the temporary opening of the Strait of Hormuz and the ceasefire in Lebanon are part of the agreement.

• Negotiations on the issues of dispute with the United States are still ongoing, but due to Washington's excessive demands, there is no clear perspective.

• Washington's demands in the negotiations remain illogical and unreasonable. The US President's claim about taking Iran's enriched uranium is baseless