Draft MOU terms between the US and Iran, pending Iranian approval, according to CBS include: 60-day ceasefire extension, Hormuz opening immediately & back to pre-war conditions within 30 days, Iran not developing nuclear weapons, [CONT. IN BODY]

[MARKET UPDATE] Energy benchmarks remain well into the red, but continue to climb off lows with influence from reports over the last 45 minutes

Iranian Foreign Ministry Spokesperson Baghaei says there is currently no need to hold an in-person meeting between Iran and the US, such a meeting could occur, if deemed necessary.

Draft MOU terms between the US and Iran, pending Iranian approval, according to CBS include: 60-day ceasefire extension, Hormuz opening immediately & back to pre-war conditions within 30 days, Iran not developing nuclear weapons, [CONT. IN BODY]

Iran downed a drone over the Persian Gulf using its Arash Archers air defense system

Iran has begun to restore ballistic missile production, Mako reports citing a senior Israeli official