BREAKING: Explosions heard in Erbil, Iraq, Kuwait and Bahrain.

US API CRUDE OIL STOCK CHANGE ACTUAL -6.75M (FORECAST -3.6M, PREV -2.819M)

The Israeli army is moving deeper into Lebanon and destroying village after village as part of a campaign of ethnic cleansing and naked land grabs. A War Powers Resolution is being put to a vote this week by Rashida Tlaib to end American support for Israel’s war of aggression

The Trump administration has pressed Oman to cut diplomatic ties with Iran and recently threatened sanctions, and even airstrikes, over U.S. intelligence claims that Oman was considering joining Iran in charging vessels in the Strait of Hormuz, according to U.S. and Arab officials. — WSJ

Iran's Central Military Command: If Israel carries out attacks on Beirut, we warn residents of northern israel to leave if they don't want to be harmed.

The probability of a ceasefire between Iran and the US ending is high if attacks on Lebanon do not stop. -Iran's State TV

PROBABILITY OF CEASEFIRE BETWEEN IRAN AND U.S. ENDING IS HIGH IF ATTACKS ON LEBANON DO NOT STOP - IRANIAN REPORTS

The administration believes it is close to an agreement but there are still certain matters being debated including the unfreezing of funds for the Iranians, the official said.-NYT

President Trump’s meeting in the Situation Room lasted about two hours, but the president did not reach a decision on any new deal with Iran, according to a senior administration official who spoke on condition of anonymity to speak about internal deliberations.

President Trump left a roughly two-hour Situation Room meeting without deciding on a new Iran deal, a senior administration official told the New York Times. The administration believes an agreement is close, but disputes remain, including over the unfreezing of Iranian funds, the official said.

EXXON SVP NEIL CHAPMAN, at the Bernstein conference: (via Eric Nuttall) #$XOM

Unmanned aerial vehicles are hitting Russian targets every day. Commonly known as drones, they play a huge role in Ukraine’s recent improvement in fortunes, together with other innovations in the country’s drone war ft.trib.al/20ak5Sm

Iran: US deal text not finalized, rejects western reports – Tasnim

Mojtaba Khamenei did not approve the agreement, and this is one of the reasons Trump did not say 'yes' “Actually, there is perhaps an agreement here between Arakchi, Kalibaf, Witkoff, and his people on the other side - but the senior Iranian leadership, the decision-makers, did not say 'yes'”-i24

Trump: "We don't need oil. We don't need the strait. We don't need anything."

* TRUMP SAYS IRAN WOULD NOT GET SANCTIONS RELIEF IN EXCHANGE FOR GIVING UP HIGHLY ENRICHED URANIUM -- PBS NEWS @reuters.com

TRUMP: Iran’s enriched uranium will either be turned over to the US to be destroyed, or destroyed in place in coordination with Iran; with the Atomic Energy Commission witnessing the process https://t.co/0UMNXS03kK

Iran would open Strait of Hormuz 30 days after peace deal, Nikkei reports citing source reut.rs/49hCTun

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“US and Iran agree in principle to a deal, then disagree on every single clause.” a European official speaking to Faytuks Network says

Less than 24 hours after optimism emerged around a possible Iran-US memorandum, negative vibes are already surfacing. An Iranian source said there are signs of U.S. retreat on two central issues: the mechanism for unfreezing Iranian assets, and the scope of a ceasefire in Lebanon.-Al Jazeera

Iran’s Tasnim News says US obstruction of key clauses including the release of Iran’s frozen assets continues, warning there is still a possibility the agreement could be canceled.

What a timeline. https://t.co/uehfUsxyWn

KAGAN: “.. Any agreement resembling the JCPOA will be presented by opponents as proof that the entire enterprise was a costly exercise in political gamesmanship that ended where it began, or somewhere worse.” www.theatlantic.com/internationa...

The spokesman of the Iranian foreign minister:

Make sure to always add #StupidSuez to your posts analyzing America and Israel losing this war

According to Iran’s Fars News, Iran has rejected Trump’s claim that the Strait of Hormuz would return to its pre-war status. Saying Tehran would still control transit routes, permits, and passage timing under any future agreement.

Iran’s Fars News denies Trump’s claim that the Strait of Hormuz will return to its pre-war status, saying any possible deal would leave Iran in control of passage routes, timing and permits, while only allowing traffic volume to return to previous levels.

Get it trending

Airspace in western Iran has been closed until Monday morning, except for daytime-only flights, according to a newly issued NOTAM

Some U.S. military and intelligence officials canceled Memorial Day weekend plans in anticipation of possible strikes against Iran, citing several sources. The Trump administration is preparing for a round of military strikes, though no final decision had been made as of Friday afternoon.-CBS News

Some U.S. military and intelligence officials canceled Memorial Day weekend plans in anticipation of possible strikes against Iran, CBS News reports, citing several sources. The Trump administration is preparing for a fresh round of military… https://x.com/FaytuksNetwork/status/2057950127390707996

US SOURCE TO CHANNEL 12 NEWS: TRUMP IS FRUSTRATED, HE MAY MAKE A DECISION ON "DECISIVE ACTION" AGAINST IRAN

@lowrhoufo.bsky.social I saw this image and it reminded me of "Big Albania" theory

President Trump said in a phone call the retaliatory strikes against Iranian targets are just a "love tap." "It's just a love tap." When asked if the it means to ceasefire is over. "No, no, the ceasefire is going. It's in effect."-ABC News

Iran state Mehr News agency reporting air defence activity in western Tehran. Things may be escalating quickly…

Tasnim: “If this is confirmed, the UAE will pay the price for its hostile action” against Iran. https://t.co/msAoOLmcwa

K-pop stars BTS draw 50,000-strong crowd in Mexico. Fans of BTS gathered outside Mexico's National Palace to get a look at the group, who waved to the crowd from a balcony after meeting with President Claudia Sheinbaum u.afp.com/SaCA

I would imagine having a working State Department and a working Secretary of State would stave off the problem of allies being surprised when you start using bases in their territory to re-hot a war. Ah well, I'm sure Steve Witkoff is a totally fine replacement. www.nbcnews.com/politics/whi...

Trump wants the war to end but Iran is refusing to “give him what he needs to save face and leave," a Gulf official said. Trump's insults and claims that the US has won the war are endangering negotiations. -POLITICO

Trump "badly wants [the war with Iran] to end" but Iran is refusing to "give him what he needs to save face and leave," a Gulf official says. Trump's insults and claims that the US has won the war are endangering negotiations - POLITICO

Trump: The Iran detour is working out nicely.

US and Israel are considering hitting Iranian missile launchers and an energy facility in response to the Iranian attack on the UAE.-Israel Hayom

In a call with reporters just now, Adm. Brad Cooper of CENTCOM says Iran has opened fire on U.S. warships and commercial vessels today, but declines to say whether the ceasefire between the U.S. and Iran is over. U.S. forces returned fire and destroyed some Iranian small boats.-WaPo

Photo from Fujairah:

The Strait of Hormuz is open in the sense that a shooting gallery is open.