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U.S.–Iran pre-agreement aims to de-escalate tensions and secure key trade route

The United States confirmed on Thursday that its negotiators have reached a preliminary agreement with Iran aimed at reopening the Strait of Hormuz and extending the current ceasefire, though the understanding still requires final approval from U.S. President Donald Trump.

U.S. government sources confirmed information first reported exclusively by Axios, stating that the deal now only awaits the president’s endorsement.

According to Axios, citing two senior U.S. officials, the draft agreement stipulates that navigation through the Strait of Hormuz—previously blocked by Iran in response to U.S. and Israeli military actions—would be “unrestricted.”

The agreement reportedly includes provisions under which Iran would not impose transit fees in the strategic waterway, a critical route for global oil shipments. In parallel, the United States would lift maritime restrictions on vessels entering and leaving Iranian ports.

The memorandum of understanding also contains a commitment from Iran not to develop nuclear weapons, a key red line for President Trump. However, discussions on limiting Iran’s uranium enrichment would be postponed to later negotiations.

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These issues are expected to be addressed during a 60-day extension of the ceasefire, which has been in place since April.

In addition, the United States would consider easing sanctions on Iran and releasing frozen Iranian assets as part of the broader diplomatic framework.

Negotiations between Washington and Tehran have intensified over the past week with mediation from Pakistan, as both sides seek to formally end the conflict that began on February 28 involving the United States and Israel.

The White House has recently stated that a deal was “a matter of days away,” while Tehran has tempered expectations, suggesting that an agreement is not yet imminent.

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Judge rules Trump’s IRS lawsuit was a “bad faith” attempt to manipulate the judicial process

A federal judge ruled Monday that a lawsuit filed by President Donald Trump against the Internal Revenue Service (IRS) was an attempt to “manipulate the judicial process” and determined that the case was brought in bad faith.

U.S. District Judge Kathleen Williams ordered sanctions against the attorneys involved in the lawsuit, which led to an effort to create the now-defunct $1.8 billion “anti-weaponization” fund aimed at addressing alleged political targeting by government institutions in favor of Trump allies.

The lawsuit was also used to justify a government order that sought to provide Trump and his companies with immunity from any past tax-related matters.

In a 56-page opinion, Williams sharply criticized both the Department of Justice (DOJ) — saying the government’s response to the case disregarded agency policies and may have violated the law — and the private attorneys who filed the lawsuit on Trump’s behalf.

“The very nature of the lawsuit and the conduct of the parties and counsel since its filing make clear that this was an attempt to use the court to provide legitimacy to an agreement designed to grant immunity to individuals and entities connected to the president and to allocate billions of taxpayer dollars to remedy grievances that the law does not recognize,” Williams wrote.

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The judge also ordered that her opinion be referred to attorney disciplinary authorities in New York and Washington, which are already reviewing previous ethics complaints involving Acting Attorney General Todd Blanche and Deputy Attorney General Stanley Woodward.

Williams criticized the Justice Department for abandoning its responsibility to defend the interests of the United States, arguing that the government entered into an agreement that departed from its position in similar legal cases, ignored DOJ policies and pursued objectives beyond what is permitted by law.

“By abandoning its responsibility to vigorously defend the interests of the United States, the government entered into an agreement that deviated from its litigation position in similar cases, ignored Department of Justice policies and achieved objectives that exceeded those authorized by law, as well as others expressly prohibited,” Williams wrote.

The judge also referred one of Trump’s private attorneys to the Florida Bar for possible disciplinary action and barred another lawyer representing the president from appearing before the U.S. District Court for the Southern District of Florida for one year.

The ruling adds another legal setback for attorneys involved in cases connected to Trump’s administration and raises new questions about the conduct of government lawyers and private counsel involved in the IRS lawsuit.

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Venezuela Earthquake Death Toll Rises to 4,490 as Rescue Efforts Continue

The death toll from the powerful earthquakes that struck Venezuela on June 24 has risen to 4,490, according to the latest official figures released by the government on social media.

Authorities reported that 16,740 people have been injured, while more than 19,500 residents remain in temporary shelters after the twin earthquakes devastated Caracas and the neighboring state of La Guaira.

Rescue teams from Venezuela and several foreign countries continue searching through collapsed buildings in an effort to recover victims who remain trapped beneath the rubble.

Government officials said the earthquakes damaged more than 850 buildings, with 190 structures completely collapsing.

Thousands of families who lost their homes are currently staying with relatives or friends, while more than 19,500 displaced people are living in overcrowded emergency camps set up in parks, stadiums, and public squares across La Guaira and Caracas.

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Tensions Escalate in Middle East as U.S. Bombs Iran After Maritime Attacks

The United States launched new strikes against Iran on Wednesday, following President Donald Trump’s warning that Washington would “hit hard” against the Islamic Republic. While Trump ordered the retaliation after attacks on vessels in the Strait of Hormuz, he also said he hoped the latest wave of bombings would end soon and left the door open for renewed negotiations.

U.S. forces “have begun carrying out additional strikes against Iran to further reduce its ability to threaten freedom of navigation in the Strait of Hormuz,” the United States Central Command said in a post on X.

Washington blamed Iran for what it described as “recent unjustified aggression against commercial shipping.”

Iran’s state news agency IRNA reported that explosions were heard in the port cities of Bandar Abbas, Konarak, and Chabahar.

“This is in retaliation for yesterday’s bombing of ships by Iran. If it happens again, it will be much worse,” Trump wrote on social media alongside an image showing what appeared to be a bombing at an Iranian location.

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Before ordering the strikes, the U.S. president said that the ceasefire with Iran had ended. Mediators Pakistan and Qatar called for de-escalation, while the United Nations also urged both sides to reduce tensions.

The Strait of Hormuz remains a critical flashpoint in the Middle East conflict, which began in late February after U.S. and Israeli strikes that killed Iran’s Supreme Leader Ali Khamenei.

Iran-linked attacks on at least three vessels in recent days triggered a U.S. offensive against Iranian targets on Tuesday. Tehran responded by launching attacks against Gulf countries that are allies of Washington.

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