Iranian Parliament Speaker: Reaching a consensus with the United States is possible
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Iranian Parliament Speaker: Strait of Hormuz should be jointly managed by Iran and Oman
Odaily Odaily reports that Iranian Parliament Speaker Mohammad al-Kalibaf stated that the Strait of Hormuz should be jointly managed by Iran and Oman. Kalibaf made this statement during a meeting with Iraqi Parliament Speaker Haibat Khalabsi. Regarding the management of the Strait of Hormuz, Kalibaf pointed out that a recent memorandum of understanding signed with the United States stipulates that the Strait of Hormuz should be jointly managed by Iran and Oman. He indicated that Iran is currently seeking opinions from Persian Gulf littoral states, including Iraq, on this matter. (Xinhua)
Iranian Parliament Speaker Says Simultaneous War Preparations are Negotiable
According to Odaily Odaily, on June 30th local time, Iran's chief negotiator and parliamentary speaker, Ghalibaf, stated in an interview that Iran is determined to uphold the memorandum of understanding, but if the US refuses to implement the consensus, Iran is prepared for war. Ghalibaf said that negotiating with the US is not like talking to a friend, but rather negotiating with an enemy with no credibility. He added that the US will definitely attack Iran given the opportunity, therefore, only by being prepared for war can negotiations be successful. Furthermore, in the interview, Kalibaf refuted claims that "Iran's unfrozen funds can only be used to purchase US agricultural products." He stated that this was "completely inaccurate," and that according to the memorandum of understanding, Iran has the right to dispose of the unfrozen funds at its own discretion. (CCTV International News)
The Iranian military issued a strong warning: any attacks during Khamenei's state funeral will be met with "brutal retaliation."
According to Mars Finance, on July 2nd, as Iran prepares for the state funeral of former Supreme Leader Ayatollah Ali Khamenei, the military issued a stern warning. Ali Abdourahhi, commander of the Central Headquarters of the Iranian Armed Forces at Hatem Anbia, stated, "We warn the United States and Israel not to make any miscalculations. Any threat or aggression will invite brutal retaliation from the Iranian armed forces." Iranian Foreign Minister Araqchi also spoke out on social media, urging Trump to "keep his henchmen in Tel Aviv in check." The state funeral arrangements include a procession starting in Tehran on July 4th, followed by burial in Mashhad on July 9th, with commemorative events held in Qom and Iraq. Iran has raised its national security level and implemented temporary airspace controls in several areas. Iranian Parliament Speaker Ghalibaf called for large-scale public participation in the funeral, "letting the call for revenge resound throughout the world." Currently, the next round of indirect negotiations between the US and Iran will begin after the funeral, focusing on issues such as the implementation of the ceasefire memorandum, the unfreezing of frozen assets, and the Strait of Hormuz. Sharp disagreements remain between the two sides over freedom of navigation in the Strait of Hormuz. Khamenei was killed in an airstrike on February 28, the first day of the war, and his son Mujtaba Khamenei has succeeded him as Supreme Leader.
SoftBank plans to launch a new cloud service in the United States to meet the strong market demand for AI computing power.
Mars Finance reported on July 2nd that SoftBank Group and SoftBank Corporation announced the establishment of a company called SB Neo Inc. (tentative name), which will operate a new cloud (“neocloud”) business in the United States. SB Neo will be established in the US in July 2026, with SoftBank Corporation holding 51% and its parent company, SoftBank Group, holding 49%. Leveraging SoftBank Group's ongoing 10-gigawatt energy and AI infrastructure development, the company will officially launch its new cloud service by fiscal year 2027, providing large US enterprises with the computing resources needed for large-scale AI model training and inference. Furthermore, to address the strong demand for AI computing power in the US market, SB Neo will expand its service capabilities in phases and plans to subsequently deploy a 10-gigawatt AI infrastructure. Related reports, citing sources familiar with the matter, indicate that operating the new cloud service in the US could easily increase SoftBank Corporation's annual operating profit three to four times, reaching 3 trillion to 4 trillion yen (approximately US$18.5 billion to US$25 billion). (Wide Angle Observation)
Sources: Oman has proposed charging Iran a passage fee for the Strait of Hormuz, a proposal the United States opposes.
According to a report by The New York Times on June 30, multiple informed officials and diplomatic sources revealed that Oman has submitted a formal proposal to the United States and its Western allies to jointly charge vessels transit fees through the Strait of Hormuz with Iran in order to support waterway safety and operational management. The report states that the proposal partially references the operational models of the Strait of Malacca and the Singapore Strait. Regional diplomatic sources indicated that the fees are intended to be voluntary, but Iran maintains that payments will be mandatory. The United States has received Oman's proposal and expressed concerns about the arrangements, stating it will continue consultations with Oman. US Secretary of State Marco Rubio previously stated that the US opposes any form of charging for navigation in the Strait of Hormuz, including "fees, transit fees, or donations," and believes that the pre-war freedom of navigation should be restored. The report points out that the future management arrangements for the Strait of Hormuz remain a key issue in the US-Iran peace negotiations. Iranian Deputy Foreign Minister Kazem Gharibabadi stated that Iran will soon begin negotiations with Oman to discuss matters including the fee mechanism and adjustments to shipping routes.
Hyperliquid is reportedly in discussions with Kraken's parent company regarding a potential entry into the United States market.
BWENEWS AI: Hyperliquid is reportedly in discussions with Kraken's parent company regarding a potential entry into the United States market.