US President Trump's administration considers USD 300bln fund for Iran if deal is upheld, and incentives would be tied to Tehran's performance, including over opening up the Strait of Hormuz and nuclear talks, according to FT

Three explosions were reportedly heard south of Qeshm Island in the Strait of Hormuz, while Iranian state media states blasts are possibly linked to traffic management

US Vice President J.D. Vance says the memorandum of understanding between the US and Iran is a brief one and a half page document serving as a broad framework rather than a detailed agreement, and requires technical talks

US President Trump's administration considers USD 300bln fund for Iran if deal is upheld, and incentives would be tied to Tehran's performance, including over opening up the Strait of Hormuz and nuclear talks, according to FT

Macerich (MAC) is said to offer shares at up to a 4.7% discount at USD 23.90-24.90 each

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