Israel to review reported US-Iran framework as Hormuz reopening faces shipping delays

Israel's security cabinet is set to review a reported US-Iran framework as public accounts differ on whether the parties have only a draft memorandum, a finalized text awaiting signature, or an agreement already partly in force. The Israel Project separately published a proposed US-Iran memorandum centered on a reported $300 billion reconstruction plan. A Beirut airstrike, cited by Fox News and carried by Jin10 and PANews, reportedly complicated efforts to finalize the deal, while a U.S. military advisory said a blockade affecting Iranian ports remains in effect until the agreement is completed on June 19 and warned affected ships not to transit without "explicit direction." Shipping-industry and analyst commentary indicated residual mine risks, security concerns and stranded vessels could delay a return to normal Strait of Hormuz traffic even if the waterway is formally reopened, while reports also pointed to technical talks, possible sanctions relief, disputed frozen-asset terms and a 60-day process to address nuclear issues including highly enriched uranium.