Headlines: Presidents Trump and Pezeshkian digitally signed the Islamabad Memorandum of Understanding (MoU), releasing the full 14-point agreement and replacing the planned formal signing ceremony, with technical negotiations scheduled to commence in Switzerland on 19 June. Iranian officials confirmed that both Persian and English versions carry equal legal authority and stated that enriched uranium stockpiles would remain in Iran under IAEA-supervised arrangements. Reporting indicates that Iran’s missile and drone programmes, together with its regional alliances, remain outside the scope of the initial 60-day negotiation process. The agreement generated mixed political reactions within the United States, while China and Saudi Arabia broadly welcomed the development and emphasised the importance of verification and international oversight. Separately, regional diplomatic engagement continued regarding Lebanon and Syria. Oil markets responded positively to the agreement, with crude prices declining further amid expectations of improved regional stability and increased future energy supply.
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