- Iran 's late Supreme Leader Ali Khamenei 's funeral is scheduled to begin in Tehran on July 4 and conclude with his burial in Mashhad on July 9, coinciding with America's Independence Day.
- Khamenei was reportedly killed in Israeli and U.S. strikes on Iran in February, marking the end of his three-decade leadership, and has since been replaced by his son, Mojtaba.
- Pakistani Prime Minister Shehbaz Sharif announced that the United States and Iran have agreed on a framework for a peace deal to end their three-month war , with an initial agreement expected to be signed electronically within 24 hours.
- The proposed peace deal, mediated by Pakistan, includes reopening the Strait of Hormuz, lifting the U.S. naval blockade on Iranian ports, releasing frozen Iranian assets, and waiving sanctions on oil exports, with negotiations on Iran's nuclear programme to follow.
- While a U.S. official indicated the deal would lead to the dismantling of Iran's nuclear programme, Iranian Foreign Minister Abbas Araqchi stated Iran would retain its enriched uranium in diluted form, claiming Iran emerged stronger from the conflict that began with joint U.S.-Israeli strikes in February.
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