US-Iran Deal Sprint: Pakistan says the US and Iran have agreed a “final, agreed upon text” to end the war and reopen the Strait of Hormuz, while Iran’s foreign minister says the memorandum is “never been closer”—but Trump and Tehran trade accusations over leaked terms and bad faith. Nuclear & Sanctions Terms: A reported “performance-based” framework would require Iran to dismantle its nuclear program and destroy enriched material, with sanctions relief and frozen-asset releases phased only after compliance. Hormuz Shock Risk: Iran also announced a full closure of the Strait of Hormuz in retaliation for US airstrikes, warning of major supply disruption as markets brace for chaos. Regional Diplomacy: Egypt welcomed Trump’s cancellation of planned strikes and urged both sides to seize the diplomatic opening; Qatar and Türkiye discussed mediation progress with Pakistan. Oil & Markets: Oil slid sharply on deal hopes, while gas prices in Europe fell after strike cancellations—yet the Hormuz closure threat keeps volatility high. World Cup Fallout: FIFA visa access issues hit Iran’s team, with Reuters reporting denied US visas despite FIFA promises. Egypt Economy & Exports: The World Bank raised Egypt’s growth forecast to 4.6%, and Egypt said agricultural exports topped 5 million tons with new market openings.