Nikkei: Iran to reopen Strait of Hormuz 30 days after US deal

Iran's Foreign Ministry says framework reached with US but no deal imminent

Iran's Foreign Ministry confirmed a framework exists with the U.S. but stated no deal is imminent and that nuclear issues are not yet on the table, directly contradicting Secretary Rubio's claim a deal could be signed Monday. Prediction markets have repriced sharply — May 25/26 ceasefire sub-markets collapsed to 6–14% YES, while the June 30 nuclear deal market holds at ~41%, signaling that the 36-day window remains open but the diplomatic timeline is materially longer than previously expected.