# TLDR: 2026-06-13 (Day 106) Lead: TRUMP AND IRAN DESCRIBE DIFFERENT DEALS Compiled by a language model from that day's archived articles; analysis, not archive record. Page: https://iranwar.liminallayers.com/bulletins/tldr-2026-06-13/ Licence: CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/); sources remain their publishers'. ## OVERVIEW Trump declared Sunday was signing day. Iran said, in advance, that it was not, and they were right. The text of a memorandum exists, Pakistan is holding the pen, and both sides broadly want out, but Iran's internal approval hasn't cleared, the nuclear details are deferred not resolved, and Israel spent Saturday bombing Lebanon and issuing displacement orders for 24 towns, directly undermining the ceasefire clause Iran calls non-negotiable. The deal is real but not done, and the gap between those two things is not trivial. ## TRUMP AND IRAN DESCRIBE DIFFERENT DEALS Trump posted that Hormuz would be "open to all" the moment the deal is signed. [1] Araghchi said Iran and Oman will jointly administer the strait under a framework they issue together. [4] On the nuclear side, Trump says the deal builds "a wall to no nuclear weapon." [2] Araghchi says the memorandum only launches a 60-day negotiating process on the nuclear file, and Iran's position is that any highly enriched uranium can only be diluted inside Iran. [2] [12] A 14-point draft circulating from a source close to Iran's negotiating team explicitly removes missiles and proxy support from the agenda entirely. [7] These aren't negotiating-table hairsplitting. They are different descriptions of what is being agreed. ## LEBANON IS THE IMMEDIATE BLOCKER Iran insists any memorandum must include a ceasefire on all fronts, Lebanon included. [5] [12] Israel is not a party to these talks, has said it won't withdraw, and on Saturday issued forced displacement orders covering 24 Lebanese towns while conducting strikes that killed at least five people. [6] Netanyahu was reportedly told by Trump after the fact that this was an excellent deal and it was time to end the war, and "didn't say much." [11] Israel's defence minister simultaneously demanded the final deal require Iran to dismantle enrichment infrastructure, cap missile production, and end proxy support, none of which are in the current text. [10] The Lebanon clause Iran needs and the Lebanon reality on the ground are not in the same zip code. ## DRONES FIRED AT HORMUZ DURING FINAL NEGOTIATIONS CENTCOM shot down multiple Iranian one-way attack drones targeting commercial shipping in the Strait of Hormuz on Saturday, [4] [8] while both sides were ostensibly hours from signing a deal to reopen that same strait. Iran hasn't said who authorised the launches or whether they were authorised at all. The options are: rogue action, last-minute leverage, or evidence that the Hormuz closure isn't uniformly controlled from Tehran. None of those readings makes the signing easier. ## US AND INDIA NOW IN A NAMED BILATERAL DISPUTE Indian Foreign Minister Jaishankar formally told Secretary Rubio that the deaths of Indian sailors killed when the US Navy struck a tanker in the Gulf of Oman are not justified. [9] India's MEA had already summoned the US chargé d'affaires in New Delhi. This is no longer a bureaucratic complaint, it's a named senior-level dispute between two governments, arriving the week before a G7 meeting. It won't be quietly managed from here. ## OIL MARKETS ARE PRICING A DEAL THAT HASNT HAPPENED Brent dropped to $87.33 on deal optimism, [16] the S&P logged its 10th winning week in 11, and the VIX hit its lowest reading of the conflict. Equity traders are pricing de-escalation as nearly certain. Options traders are not: the oil volatility index (OVX) is still at 54.10, meaning protection against a price spike is still expensive. Tanker stocks are up nearly 11% over the past month, which is a strange move if Hormuz is about to reopen. The number underneath all of this is Cushing: US crude storage is at 21.6 million barrels and falling, [15] with diesel at its lowest since 2003. If the deal slips another week, the price reversal won't be gradual. ## References 1. [BBC] BBC News: US-Iran deal scheduled to be signed on Sunday, says Trump 2. [AJE] Al Jazeera: Trump says Iran deal to be signed tomorrow, contradicting Iranian official 3. [BBC] BBC News: The nuclear challenge at the heart of Trump's Iran negotiations 4. [RTN] RT (Russia Today): Iranian drones downed in Hormuz, US 5. [AJE] Al Jazeera: Iran war day 106: US and Iran say deal close but Lebanon fighting continues 6. [AJE] Al Jazeera: Five killed as Israel hits south Lebanon, issues forced displacement orders 7. [MHR] Mehr News Agency: What do we know about details of anticipated Iran-US MoU? 8. [SPK] Sputnik: US Shot Down Several Drones Allegedly Launched by Iran - CENTCOM 9. [SPK] Sputnik: India Foreign Minister Expresses Protest to Rubio Over US Strikes on Ships in Gulf of Oman 10. [TOI] The Times of Israel: Iran MOU would cap self-defeating ceasefire for Trump, marks huge problem for Israel 11. [TOI] The Times of Israel: Senior US official: Pending deal ‘leads to’ Washington getting Iran’s enriched uranium 12. [PTV] Press TV: FM outlines contours of proposed MoU, says diplomacy’s role is to consolidate battlefield gains 13. [APW] Associated Press: As Trump teases deal to end Iran war, key goals remain unmet 14. [APW] Associated Press: African airlines warn of cost pressures as result of Iran war 15. [CNN] CNN: The tanks in Cushing, Oklahoma, are hitting bottom. The oil market is about to hit a tipping point 16. [APW] Associated Press: World shares surge after big Wall Street gains on hopes for an end to the Iran war