The US and Iran have agreed in principle to a deal that would reopen the Strait of Hormuz, in exchange for Tehran’s commitment to dispose of its highly enriched uranium, a US official said, according to a report by The New York Times on Sunday.
The official said that the agreement has not yet been signed and remains subject to final approval by US President Donald Trump and Iran’s Supreme Leader Mojtaba Khamenei, a process that could take several days, noting that the method for disposing of Iran’s highly enriched uranium is still being negotiated.
The proposed deal does not address Iran’s missile stockpile nor include a moratorium on uranium enrichment, the official said, adding that these issues are expected to be handled in future rounds of talks.
According to a Fox News report on Sunday, the official suggested that the US could consider “significant accommodations” on sanctions relief if Iran agrees to make similar concessions regarding its enriched uranium stockpile.
“Our plan is to deal with all of their stockpile of the enriched material,” the official said, adding that Washington sees Tehran making “serious accommodations” not previously seen in earlier negotiations, according to the report.
The official also rejected the idea of any “tolling” mechanism for the Strait of Hormuz, saying such an arrangement would not be acceptable and had not been proposed by either side, the report noted.
According to a separate CBS News report, the official said the administration views the emerging agreement as stronger than the 2015 nuclear deal reached under former US President Barack Obama, which allowed uranium enrichment up to certain levels.
As part of the agreement, the US would lift its blockade on vessels entering and leaving Iranian ports. The official said the US Central Command and Gulf partners would coordinate to ensure safe passage, stressing this should not be viewed as a toll system.
The official also said US Vice President JD Vance, Middle East Envoy Steve Witkoff, and Trump’s son-in-law Jared Kushner have been involved in the talks, adding that Washington is seeking to include all regional allies in the process, the report added.
Weekly insights and analysis on the latest developments in military technology, strategy, and foreign policy.
The U.S. Space Force has awarded SpaceX a $4.16B deal to help accelerate work on what could be a game-changing space-based air moving-target indicator (AMTI) sensor network. The service says it now hopes to have an “early capability” in orbit by 2028, years ahead of the timelines officials have put forward in the past.
Aircraft like the E-7 Wedgetail seen here have historically been critical providers of AMTI capability. Australian Department of Defense
“The long-standing method of military airborne platforms to track moving targets faces continued challenges as adversaries develop increasingly sophisticated anti-access/area-denial (A2/AD) systems,” the Space Force said in its press release about the new deal with SpaceX today. “To compliment [sic; complement] traditional airborne sensing, the requirement for a layered, highly resilient tracking architecture is evident. SB-AMTI aims to enhance the Space Force’s capabilities to the Joint Force through the establishment of a persistent, global capability to sense and track airborne targets from space.”
The Space Force has described the $4.16 billion deal with SpaceX for the Space-Based Airborne Moving Target Indicator (SB-AMTI) program as a “competitive Other Transaction Authority (OTA) agreement,” rather than a traditional contract. The agreement came via the office of the Portfolio Acquisition Executive for Space-Based Sensing & Targeting (PAE SBST).
“This initial award is projected to field a constellation of satellites by 2028, providing the Joint Force with an early capability to eliminate operational blind spots,” according to the Space Force release.
DARPA
In the past, U.S. officials have generally talked about space-based AMTI becoming a reality sometime in the 2030s. Work is underway to push ground moving-target indicator (GMTI) tasks into orbit, as well.
Some degree of on-orbit prototype AMTI sensor testing has already been ongoing for at least a year, if not much longer, but this work has been heavily classified. In addition to the U.S. Air Force and Space Force, both of which fall under the Department of the Air Force, the National Reconnaissance Office (NRO). The NRO, the activities of which are shrouded in heavy secrecy, is a U.S. military organization that serves as America’s main remote sensing intelligence arm.
“The capabilities that are happening in space are far exceeding our expectations,” then-Air Force Maj. Gen. Christopher Niemi said at a hearing earlier this year as part of a response to a question about plans for the E-7. He declined to offer more details publicly. Niemi, who has since been promoted to lieutenant general, is currently Deputy Chief of Staff of the Air Force for Force Modernization, and the service’s Chief Modernization Officer
SpaceX has already reportedly been deeply involved in this work, too, as you can read about more in this past TWZ feature. This underscores the company’s ever-growing dominance globally in all aspects of the space industry, which we will come back to later on.
As mentioned, a functional, persistent, and distributed AMTI (and GMTI) sensor network in orbit has the potential to be game-changing. As TWZ wrote back in 2024, talking primarily about the future of space-based GMTI capabilities:
“A larger, distributed constellation would have the ability to monitor huge swathes of the Earth simultaneously, and depending on the size of the constellation, at least far more persistently to seamlessly. This could make it difficult, if not impossible, for an opponent to hide activities of interest. A very low revisit rate, or even eliminating revisit rate altogether, could even open up the possibility of continuous ‘streaming’ coverage of a location from low Earth orbit. This would also be essential for persistent GMTI coverage that tracks ground movements in real time that will actually be high enough in fidelity to guide weapons onto those tracks. It’s possible that aerial tracking could also be a function, as well, even to a more limited degree. The E-3 Sentry Airborne Warning and Control System (AWACS) will also be replaced at least partially by space-based capabilities, along with the E-7 Wedgetail.”
A US Air Force E-3 Sentry AWACS jet. USAF
“There is also a fair chance that this is another type of system, perhaps to execute broad area optical/infrared imaging with some exotic capabilities to provide tracking. We just don’t know.”
“Regardless, yes, we are talking about the possibility of panoptic or near panoptic targeting and surveillance from space.”
“Greater collaborative capabilities, especially ones enabled by the use of machine learning and artificial intelligence (AI) technologies, could help to find targets of interest and anomalies far faster than ever before. This could also open a door to more autonomous collection, tasking/retasking, and other capabilities, as well. Areas of interest that need seamless coverage could have extra satellites retasked to the necessary orbit in order to do so automatically, without the need for human deconfliction and even direct operator direction.”
It is not hard to imagine how the satellite constellation being described here would fundamentally change the U.S. military’s ability to not just spot and track targets globally, but also close the kill chains to engage them, even at very long ranges. This has massive implications for future net-centric warfare where all sorts of tangential capabilities will increasingly be networked together. It might impact how tactical aircraft are equipped in the future, including the need for their own radars. There could at least be a reduced need for them to use their own radars to guide missiles, even when no supporting sensor network within the Earth’s atmosphere has relevant data to provide.
Unlike having to rely on a single plane in a single surveillance place, a space-based sensor network made up of a very large number of individual satellites would also be highly resilient to attacks, as well as other attrition just due to technical breakdowns or other factors.
All this being said, U.S. officials have been open about potential challenges when it comes to making space-based AMTI capabilities a reality, even just compared to establishing GMTI networks in orbit.
L3Harris
“So GMTI [ground moving-target indicator capability] and AMTI [air moving-target indicator capability] sound like they’re really close, just because one little letter that is all you changed, [but it] turns out they’re pretty different,” Chief of Space Operations Gen. Chance Saltzman, U.S. Space Force’s top officer, said during a press briefing on the sidelines of a conference in December 2025, according to Breaking Defense. “What it takes to accomplish AMTI is different than what it takes to accomplish GMTI.”
“Things on the ground move slower than things on [sic] the air, so [they] require different levels of fidelity tracks,” he added.
“The [AMTI] data the Intelligence Community and warfighter need presents a multi-phenomenology challenge that requires automated orchestration of the NRO’s collectors, low-latency data transport, and rapid data fusion by the NRO’s unmatched space communications and ground architecture capabilities,” a spokesperson for NRO also told Breaking Defense earlier this year.
It’s worth noting here that satellites with sensors are only one component of the total equation. Robust, resilient, and secure communications networks will be vital to getting the data collected where it needs to go. This is a separate area where SpaceX is already playing an increasingly central role with its Starlink and Starshield networks, as you can read more about here. Laser-based communications relays are set to be another key supporting capability.
Watch SpaceX deploy Starlink satellites into space
In its announcement today, the Space Force did explicitly stress that SpaceX will not be the only company supporting the SB-AMTI effort going forward, and that it has established a larger “vendor pool.”
“By utilizing this multi-vendor framework, we are capitalizing on established industry capacity and continuously evaluating and onboarding the best tech to field this essential capability at speed and scale,” Space Force Col. Ryan Frazier, the acting PAE SBST, said in a statement. “We will not leverage any one single provider; instead, we are partnering with a highly diversified pool of traditional and non-traditional vendors, each bringing various capabilities to support the SB-AMTI architecture, ensuring the Joint Force has access to a strong, competitive industrial base well into the future.”
At the same time, as TWZ has noted in the past, SpaceX’s dominance in the market gives the company a clear advantage for securing further deals. This extends to the additional demands to put all this architecture in space. At least currently, no other company has the same capacity to provide the U.S. military with the kind of reliable access to space at the required cadence, and within budget constraints. SB-AMTI is already a major budget priority, with the Space Force asking for more than $7 billion in additional funds to procure additional elements of the system in its 2027 Fiscal Year budget request.
That being said, the new $4.16 billion agreement with SpaceX makes clear that the Space Force is pressing ahead with its plans for a space-based AMTI sensor network with hopes that at least an early operational capability could be in place within the next two years.
Trump weighs next steps on Iran deal as Tehran insists negotiations are continuing and no final agreement exists.
Published On 30 May 202630 May 2026
Prospects for a US-Iran agreement to end the conflict remained uncertain on Friday, with President Donald Trump saying he would make a “final determination” on a deal, while Iranian officials stressed that no understanding had yet been reached.
Iran’s chief negotiator, Mohammad Bagher Ghalibaf, said Tehran would judge any agreement by actions rather than words, adding that no steps would be taken unless Washington acted first.
Meanwhile, fighting continued elsewhere in the region. Israeli Prime Minister Benjamin Netanyahu said Israeli forces had advanced beyond Lebanon’s Litani River, as Israeli attacks across Lebanon on Friday left dozens more civilians reportedly killed or wounded.
Here is what we know:
In Iran
Iran says talks continue, but no deal yet: Iranian Foreign Ministry spokesperson Esmaeil Baghaei said exchanges with the United States are continuing but stressed that no final agreement has been reached. He rejected Trump’s demands-based approach and described the US naval blockade as illegal, adding that Tehran would judge any easing of restrictions by actions rather than words.
War diplomacy
CENTCOM highlights ongoing regional patrols: US Central Command (CENTCOM) said its forces remain “present and vigilant” across the region, sharing an image of an F-16 fighter jet conducting a patrol over the Middle East.
US pushes allies to boost defence spending: Speaking at the Shangri-La Dialogue in Singapore, US Defense Secretary Pete Hegseth said Trump plans a $1.5 trillion investment in defence and described it as part of a historic expansion of America’s military-industrial base. Hegseth urged allies to spend at least 3.5 percent of gross domestic product (GDP) on defence, warning that countries that fail to do so could face changes in their relationship with Washington. He also reiterated that the US remains committed to preventing Iran from obtaining a nuclear weapon.
Washington praises Israel-Lebanon security talks: The US Department of Defense described military-to-military talks between Israeli and Lebanese delegations in Washington as “productive”, saying they focused on regional security and stability. The Pentagon also reaffirmed support for Lebanon’s sovereignty and territorial integrity.
In the US
Uncertainty remains after White House talks: Reporting from the White House, Al Jazeera’s Alan Fisher said there was still no clarity after Trump’s Situation Room meeting on whether a final agreement with Iran had been reached. Fisher said any easing of restrictions around the Strait of Hormuz could signal progress, but officials are still waiting for concrete details from the White House.
In Israel
Air raid sirens sound in northern Israel: The Israeli military said it intercepted several projectiles launched from Lebanon, while another landed near Kiryat Shmona in northern Israel. The military reported no casualties and did not specify whether the projectiles were rockets or drones.
In Lebanon
Netanyahu says Israeli troops have crossed the Litani River: Israel’s Netanyahu said Israeli forces have advanced north of the Litani River near Nabatieh, signalling an expansion of operations in southern Lebanon. The move comes amid ongoing Israel-Lebanon talks and could be followed by further strikes on Beirut and the western Bekaa Valley.
Mourinho was seen speaking with Vinicius after he walked off the pitch following the interaction with Prestianni.
But it was Mourinho’s post-match comments that were the most shocking.
While publicly backing his player Prestianni, Mourinho suggested Vinicius had incited tensions through his celebration in front of the home support.
“You score a goal from another world, why celebrate like that?” Mourinho said.
“The same thing always happens in so many stadiums. In how many states has this happened? In how many stadiums? How many? How many?
“He’s an out of this world player, I love him. Vinicius tells me one thing and Prestianni tells me another. I want to be balanced.”
The remarks sparked widespread criticism, with many accusing Mourinho of shifting attention away from the racism allegations and placing responsibility on the victim instead.
In addition to expressing his belief that Vinicius had been disrespectful with his goal celebration, he pointed to the club’s legendary striker Eusebio as proof that Benfica are not a racist club.
Asked if he felt Vinicius incited the crowd, Mourinho said: “Yes. I believe so.
“It should be the crazy moment of the game, an amazing goal. Unfortunately [he was] not just happy to score that astonishing goal. When you score a goal like that, you celebrate in a respectful way.”
He added: “When he was arguing about racism, I told him the biggest person in the history of this club [Eusebio] was black.
“This club, the last thing that it is, is racist. They [Vinicius and Prestianni] told me different things. But I don’t believe in one or another. I want to be an independent.”
Iranian Foreign Ministry Spokesman Esmail Baghaei told state media that a proposed agreement with the US “has not been finalised,” pushing back on US President Donald Trump’s claim that his administration was making a “final determination” on a potential deal with Iran.
US President Donald Trump posted online that he’s heading into the Situation Room at the White House to make a “final determination” on potentially finalising a peace deal with Iran. Al Jazeera’s Patty Culhane reports from the White House.
US President Donald Trump said Sunday that negotiations with Iran are “orderly and constructive” and vowed the blockade will remain in place until a final agreement is reached, Anadolu reports.
“The Blockade will remain in full force and effect until an agreement is reached, certified, and signed. Both sides must take their time and get it right. There can be no mistakes!,” Trump said in a post on his social media platform Truth Social.
He also said US-Iran relations are becoming “much more professional and productive,” while warning that Tehran must not develop or acquire a nuclear weapon.
Trump further thanked Middle Eastern countries for their “support and cooperation,” saying engagement would be strengthened through broader participation in the Abraham Accords, and suggested Iran could one day join the framework.
He criticized the 2015 Iran nuclear deal, calling it “one of the worst agreements ever made,” and again blamed former President Barack Obama’s administration for what he described as a flawed agreement that opened a path toward nuclear weapons development.
Trump said the current negotiations with Iran are “far better” and part of a more effective approach, insisting the ongoing process will prevent Tehran from obtaining nuclear arms.
US Vice President JD Vance says Washington and Tehran have made “a lot of progress” towards a ceasefire extension agreement, including talks on reopening the Strait of Hormuz. However, he says disagreements remain over Tehran’s enriched uranium stockpile.
Deep mistrust remains between Washington and Tehran as Iran’s top negotiator urges action, not words.
Published On 29 May 202629 May 2026
United States President Donald Trump says he is meeting in the Situation Room to make a “final determination” on a possible deal with Iran that could extend the ceasefire and reopen the Strait of Hormuz.
However, deep mistrust remains between the two sides. Iran’s top negotiator, Mohammad Bagher Ghalibaf, said earlier on Friday that Tehran would judge any agreement by actions rather than promises as talks continue.
Recommended Stories
list of 3 itemsend of list
In his latest post on the Truth Social platform, Trump on Friday set out numerous conditions for Tehran to accept, including: never having a nuclear weapon or bomb, the Strait of Hormuz being open in both directions and without tolls, the removal of any remaining mines left in the Strait, and the US unearthing and destroying Iran’s enriched uranium that is buried.
“Ships caught in the Strait due to our amazing and unprecedented Naval Blockade, which will now be lifted, may start the process of ‘heading home!’” Trump wrote.
“No money will be exchanged until further notice. Other items, of far less importance, have been agreed to. I will be meeting now, in the Situation Room, to make a final determination,” he added.
Reporting from the White House, Al Jazeera’s Patty Culhane said that in the past, the Trump administration has indicated that a deal has been reached, only to find out it has not.
“If this was in fact a deal, it would be the entire wishlist of what the US was demanding and none of the concessions that Iranian were asking for,” she explained.
Uncertainty about the details of a memorandum of understanding (MOU) has grown over the past week amid ongoing distrust between the two sides as they seek to end the three-month-long war.
On Thursday, White House sources told Al Jazeera that the US and Iran had reached a tentative agreement to extend the ceasefire by 60 days to allow for formal negotiations, but Trump has yet to sign off.
Moreover, earlier on Friday, Iran’s top negotiator Ghalibaf said that Tehran did not trust “guarantees and words, only actions are the criterion”.
“No action will be taken before the other side acts,” he said in a social media post, without elaborating.
“The winner of any agreement is the one who is better prepared for war the day after,” the Iranian official added.
Still, Iranian state news outlet Fars, citing sources, reported on Friday that the agreement with the US was in its final stages of ratification, but no final decision has been made yet.
The sources stressed that there were no provisions about destroying Iran’s nuclear materials in the MOU and added that arrangements for the reopening of the Strait of Hormuz could include the monitoring and inspection of ships.
WASHINGTON — A framework agreement to end the U.S. war with Iran is all but settled, pending sign-off from the presidents of the two warring sides, President Trump said Friday, projecting optimism that a deal could finally be at hand.
Yet doubt cast a shadow over the diplomatic process entering the weekend as Trump faced a politically fraught decision to enter an agreement that would invariably require significant concessions to Tehran.
The negotiations have faced severe headwinds in recent days, with both sides accusing the other of violating a fragile ceasefire that has largely stopped the fighting since April.
On his Truth Social site, Trump said he had summoned his top aides to the White House Situation Room to decide on the deal.
The agreement would see an end to the U.S. naval blockade on Iranian ports and the removal of Iranian mines from the Strait of Hormuz, an international waterway through which 20% of the world’s energy supply passes each day. The strait, Trump wrote, will reopen with “no tolls” for “unrestricted shipping traffic, in both directions.”
And “Iran must agree that they will never have a Nuclear Weapon or Bomb,” Trump wrote, noting that Iran’s stockpile of highly enriched uranium, the key ingredient for nuclear weapons, “will be unearthed by the United States (which, it is agreed, is the only Country, along with China, with the mechanical capability of doing so!), in close coordination and conjunction with the Islamic Republic of Iran, plus the International Atomic Energy Agency, and DESTROYED.”
“No money will be exchanged, until further notice,” he added.
Treasury Secretary Scott Bessent also said the deal would require Iran to disavow the continuation of its domestic nuclear program — a diplomatic feat never before achieved throughout a quarter century of international negotiations over Iran’s nuclear work.
It is unclear whether Tehran would go that far. And Iran’s negotiators expressed defiance on Friday, stating that there was “no trust in guarantees or words” from the American side.
“No step will be taken before the other side acts first,” said Mohammad Bagher Ghalibaf, the speaker of Iran’s Parliament. “We do not gain concessions through dialogue, but through missiles.”
It remains unclear when the Trump administration would ease sanctions on Iran, how extensive that relief would be, or what form it would take — questions that fueled Republican criticism of the Obama-era nuclear deal more than a decade ago.
The working diplomatic document would formally extend the existing ceasefire for 60 days, allowing for a more detailed negotiation to take place over Iran’s nuclear program. But the truce as it currently stands is on perilous ground. Iran launched a ballistic missile on Thursday at Kuwait, a close U.S. ally, after American forces took “defensive” actions against Iranian missile launchers and mine laying boats it had launched in the strait.
The war has proven historically unpopular with the American public, and has seen oil prices soar since the U.S. military, in partnership with Israel, launched its first strikes against Iran in February.
Bessent said he is hopeful that oil prices would drop quickly once an agreement is signed. But industry analysts say the effects of the war on the oil market could last for months, if not years, with the stability of traffic through the Strait of Hormuz now in question for commercial shippers.
While oil has dropped to under $100 a barrel, markets appeared skittish on Friday over the prospects for a deal, with mixed messages appearing to emerge out of the region.
It is also unclear whether a U.S. agreement with Iran would in any way bind Israel’s hands in its military operations, either in Iran or in Lebanon, where an Iranian proxy militia, Hezbollah, has vowed to keep up the fight.
Israel has ramped up strikes against Hezbollah targets in recent days, jeopardizing a delicate ceasefire negotiated with the Lebanese government, a deal encouraged by the Trump administration in order to grease the wheels for its talks with Tehran.
Trump has been uncharacteristically silent on the prospects of an agreement in recent days, expressing cautious optimism in limited exchanges with reporters.
“It’s hard to say exactly when or if the president’s going to sign,” Vice President JD Vance, who has led the U.S. diplomatic team, told reporters, noting that “the nuclear stuff” is still subject to negotiation. “We’re going back and forth on a couple of language points.”
“I do think that we’ve made a lot of progress here,” Vance added. “Hopefully we’ll continue to make progress, and the president will be in a position where he can endorse the agreement. But obviously, that’s still TBD.”
Hungarian Prime Minister Peter Magyar said he expects to finalize a political agreement with Ursula von der Leyen over the release of billions of euros in frozen European Union funds during talks in Brussels.
The negotiations focus on unlocking financial support that had been suspended under the previous government led by former Prime Minister Viktor Orban due to long standing EU concerns regarding corruption, rule of law standards, and judicial independence.
Hungary is seeking access to approximately 6.5 billion euros in EU recovery grants and 3.9 billion euros in low interest loans before a critical August deadline. Additional structural funds worth around 7 billion euros also remain frozen.
The talks come at a crucial moment for Hungary’s economy, which has struggled with weak growth, fiscal pressure, and budgetary strain over the past three years.
Why It Matters
The potential agreement carries major economic and political significance for both Hungary and the European Union.
For Hungary, securing the release of EU funds is essential to stabilizing public finances, supporting economic growth, and restoring investor confidence. The country’s economy has experienced prolonged stagnation, while high spending pressures and limited fiscal flexibility have increased urgency around external financing.
For the European Union, the negotiations represent an important test of how Brussels balances financial support with enforcement of democratic and governance standards among member states.
The dispute over frozen funds has become one of the most prominent examples of tensions between the EU and governments accused of weakening judicial independence or failing to address corruption concerns.
A successful agreement could signal improving relations between Brussels and Hungary after years of political friction under Orban’s leadership.
Key Stakeholders
Hungary’s Government
Prime Minister Peter Magyar is under pressure to secure financial relief while also demonstrating willingness to meet EU governance expectations.
European Commission
The European Commission must balance political compromise with maintaining credibility on rule of law enforcement and anti corruption standards across the bloc.
Hungarian Economy
Businesses, investors, and public institutions in Hungary are closely watching the outcome because EU funding plays a major role in infrastructure, development, and economic stability.
European Union Member States
Other EU governments are monitoring the negotiations as they could shape future disputes involving rule of law conditions and access to EU financial support.
Analysis
The negotiations reflect a broader shift in Hungary’s relationship with the European Union following the political transition away from Viktor Orban’s administration.
Under Orban, disputes with Brussels became increasingly confrontational, particularly over democratic governance, judicial reforms, media freedoms, and corruption allegations. Peter Magyar appears to be pursuing a more pragmatic approach focused on rebuilding trust with EU institutions while securing urgently needed economic support.
However, the remaining disagreements over anti corruption measures suggest Brussels still wants stronger guarantees before fully releasing funds. This highlights the EU’s growing willingness to use financial leverage as a tool for enforcing governance standards within member states.
For Hungary, the pressure is primarily economic. Frozen EU funds have limited the government’s financial flexibility at a time when growth remains weak and fiscal conditions are strained. Unlocking the money would provide both immediate economic relief and an important political victory for Magyar’s government.
At the same time, the negotiations also carry symbolic importance for the EU itself. Brussels will want to demonstrate that compromise does not come at the expense of accountability, especially after years of criticism over democratic backsliding within the bloc.
Future Outlook
If a political agreement is finalized, Hungary could begin unlocking critical EU funding in the coming months, easing fiscal pressure and improving economic confidence.
However, implementation will remain important. Brussels is likely to continue closely monitoring Hungary’s anti corruption reforms and governance commitments before fully releasing all frozen funds.
A successful deal may also help normalize Hungary’s relationship with the European Union after years of tension, potentially opening the door for broader cooperation on economic and political issues.
At the same time, the outcome could influence future EU disputes involving rule of law conditions and financial oversight, particularly as Brussels increasingly links access to funding with governance standards.
For Hungary, the immediate priority remains economic stabilization. But politically, the negotiations may also determine whether Peter Magyar can establish a more cooperative and sustainable relationship with Europe while distancing his administration from the confrontational legacy of the Orban era.
On the eve of his 25th birthday, Rams star receiver Puka Nacua said he was working on becoming a better person — and that if he continued on that journey the potential massive contract extension that appears to have stalled will take care of itself.
Nacua on Thursday addressed reporters for the first time since checking into a Malibu rehab facility in March. Nacua sought help after a string of incidents, which included a December incident that led to a civil lawsuit.
“Something that I feel like I’ve learned is, it’s OK to ask for support,” Nacua said after participating in an organized-team activity workout in Woodland Hills. “And then to recognize the platform that I have in being a professional football player, and trying to use that for the betterment of myself and for those around me.”
With an offense that features Nacua, quarterback Matthew Stafford — the reigning NFL most valuable player — and receiver Davante Adams, and a defense that includes edge rusher Jared Verse and All-Pro cornerback Trent McDuffie, the Rams are regarded as a favorite to play in Super Bowl LXI at SoFi Stadium.
Last season, Nacua led the NFL with 129 receptions and was voted All-Pro. The 2023 fifth-round draft pick is entering the final year of his rookie contract, and he is eligible for an extension that could surpass the $120-million deal the Seattle Seahawks gave receiver Jaxon Smith-Njigba.
But incidents last season and this offseason caused the Rams to put off talks about awarding Nacua an extension.
During a livestream last December, Nacua criticized NFL officials and made a gesture regarded as antisemitic. Nacua apologized, but after the Rams’ loss to the Seahawks a few days later, Nacua criticized officials in a social media post from the locker room. The NFL fined him $25,000.
Rams wide receiver Puka Nacua smiles after speaking to reporters during organized team activities at the training facility in Woodland Hills on Thursday.
(Gary Klein / Los Angeles Times)
His attorney has denied that Nacua made an antisemitic remark and said the bite resulted from “horseplay.”
On Thursday, when asked about the allegations, Nacua declined to comment specifically.
“With it being an ongoing legal battle, out of respect for the other party involved, don’t really have much to speak on,” he said, adding: “A moment for me to learn from, kind of some of the situations I was putting myself in, and then also having just an awareness of how I’m conducting myself in and out of this football field.”
Nacua said he made the decision to seek help with the support from those in his “inner circle.”
“I like to think of myself as a pretty happy outgoing guy that enjoyed life,” he said. “But there also were some difficulties of just being in this professional sport and just throughout my entire life.”
The rehab program was a “short stint,” but Nacua said he continues to meet with a team therapist and has adopted tools such as journaling.
Nacua, who became a father in October, said he was also motivated to continue self-improvement work as a way of sharing with and teaching his son.
“The great things I’ve been able to accomplish and to enjoy those moments, but then also to teach him in some of the mistakes that I’ve made,” he said. “So there’s an opportunity for him to learn before some of those wrong decisions can be made.”
Nacua’s “security in being able to be authentically honest about” seeking help was admirable, coach Sean McVay said.
“I think there’s real strength in some of the vulnerabilities,” McVay said, “and I’m really proud of him.”
Stafford, 38, said he talks with Nacua “nonstop” and that Nacua has looked “fantastic” during workouts.
“He’s a great person, a great kid, and just doing everything I can to try and give advice when it’s needed, or also just be his buddy too,” Stafford said. “I’m doing everything I can — I think everyone is, to just support him. … We’re happy he’s back doing his thing.”
Stafford spoke for the first time since signing a one-year, $55-million extension that keeps him under contract with the Rams through the 2027 season.
“Happy to have … next year taken care of if I decide to play — and they still want me back,” Stafford quipped. “Just excited to get that behind me, cause I just want to come out here and play and not think about that kind of stuff.
“So great to get that done sooner rather than later.”
Before Nacua’s string of incidents, the receiver also appeared on track to receive a possible extension before the 2026 season began.
Now, the Rams are expected to let him play out the season, and then possibly use the franchise tag for 2027 before making a long-term commitment.
Nacua said he could not imagine playing for another team.
“If I can continue to improve as a person, I know the coaches and the people around me are helping me improve as a football player,” he said. “So those are the things I can control, and hopefully allow those other things to handle themselves.”
Travis Kelce has become the latest athlete to buy into a professional sports team, purchasing a minority stake in the Cleveland Guardians, the MLB franchise he rooted for growing up in Cleveland Heights, a vibrant suburb 15 minutes from downtown.
Ballplayers buying into professional sports franchises has become almost routine. And why not? They are wealthy, love sports and often want an ownership stake of a team in a city full of fans who love them back.
Kelce is the latest to do so. The only question is, what took him so long?
“I have so much love for this city,” Kelce told ESPN. “I say it all the time: I’m just a kid from the Heights living the dream. I credit every good thing in my life to Cleveland and being raised here with the values and the people and the work ethic.
“Cleveland Heights is such a diverse and dynamic place. Every friend, neighbor, teacher and teammate — they all made me the man I am today.”
And that man is very wealthy. The Kansas City Chiefs tight end and burgeoning business titan has earned $111 million playing in the NFL. He and his brother Jason have a $100-million deal with Amazon Wondery for their popular New Heights podcast.
Kelce, 36, also makes an estimated $35 million a year from endorsement deals with Nike, Pfizer, State Farm and other major brands.
Oh, and let’s not forget that his fiancee, Taylor Swift, is the wealthiest female musician in the world with an estimated net worth of $1.6 billion.
Although Swift has never publicly mentioned owning a sports franchise, NFL Commissioner Roger Goodell did comment on the possibility at a Super Bowl news conference two years ago.
Tom Brady had been approved as part owner of the Raiders, boosting season-ticket sales, leading to this question posed to Goodell.
Goodell grinned and replied, “I really don’t know the answer to that one. If she’s interested, she has the ability to do it, let’s put it that way.”
The list of athletes who own a piece of sports franchises is long. Begin with Magic Johnson and Billie Jean King, part of the group that owns the Dodgers and Sparks. Kelce’s Chiefs passing partner Patrick Mahomes has been a minority owner of the Kansas City Royals since 2020.
Tennis superstar sisters Venus and Serena Williams became the first black women to hold a stake in an NFL team when they became minority owners of the Miami Dolphins in 2009.
Giannis Antetokounmpo expressed his love for Milwaukee by purchasing a stake in the Brewers baseball team. The Lakers are rumored to possibly trade for the Milwaukee Bucks superstar this offseason. Would that make Antetokounmpo a candidate to take the Angels off the hands of Arte Moreno, who at games has been blistered by a large group of shirtless fans chanting “sell the team?”
Because he is an investor in the Fenway Sports Group, Lakers star LeBron James owns a piece of the Boston Red Sox, Liverpool FC, the Pittsburgh Penguins and RFK Racing. The 41-year-old veteran of 23 NBA seasons makes no secret that he someday wants to own an NBA team.
“I got so much to give to the game. I know what it takes to win at this level. I know talent,” James said in 2021. “I also know how to run a business as well. And so, that is my goal. My goal is to own an NBA franchise.”
James is the first active NBA player to achieve billionaire status, and his estimated net worth of $1.3 billion to $1.5 billion puts him in Swift territory. He might not need to preface his ownership stake with the word minority.
Kelce, meanwhile, is happy for now to own just a piece of the Guardians, whose value has risen from $1 billion four years ago to $1.7 billion today. “I’ve been lucky enough to have a front-row seat to good ownership in my career, and I know the best teams prioritize culture,” Kelce said. “Everyone is there to play their role, and right now, I’m here to observe and learn and really to support the team and the city when and where I can.”
Markets betting a deal will reopen the Strait of Hormuz and soothe the deep global economic uncertainty cast by the closure of the vital oil & gas route.
Published On 27 May 202627 May 2026
The United States stock market has been hovering near record highs and oil prices have plunged amid new hope that a ceasefire deal between the US and Iran is close.
The rally came on Wednesday as negotiations continued between Washington and Tehran, with markets betting that a deal would reopen the vital Strait of Hormuz, easing oil and gas supply concerns and soothing the deep uncertainty afflicting the global economy.
Recommended Stories
list of 3 itemsend of list
Oil prices declined sharply after Iran’s state broadcaster said it had obtained a preliminary document outlining a framework for a potential deal.
The price of US crude fell 5.5 percent to settle at $88.68, while Brent crude, the international oil benchmark, decreased to $92 after prices traded above $100 last week.
The report suggested that Iran would allow traffic through the strait at pre-war levels within 30 days. It added that the US would lift its naval blockade on Iranian ports.
Prices remained subdued even after the White House dismissed the report as a “complete fabrication”.
The S&P 500 rose 0.1 percent and added to its all-time high set the day before. The Dow Jones Industrial Average was up 243 points, or 0.5 percent, with an hour remaining in trading, and the Nasdaq composite was 0.1 percent higher.
Wednesday is far from the first time markets have rallied amid reports of a possible end to the war, only to slump once more as negotiations fail to deliver a resolution.
However, the strength of the current surge reflects statements over the past week that suggest the two parties may be closer than ever to reaching a deal.
President Donald Trump said during a cabinet meeting on Wednesday that US officials were not yet satisfied with the agreement, “but we will be”.
“I think they’re starting to give us the things that they have to give us,” he said. “And if they do, that’s great, and if they won’t, then the man on my left will have to finish them off,” he said, pointing at Defense Secretary Pete Hegseth.
Sticking points
It remains unclear whether the two parties have come to an understanding on the major sticking points, including the fate of about 440 kilogrammes (970lbs) of highly enriched uranium; Iran’s nuclear infrastructure, which the US has long insisted it wants to see dismantled in its entirety; Tehran’s ballistic missiles and its support for armed groups in the region.
It is also not clear whether a halt in hostilities in Lebanon would be part of a deal. Iranian officials have repeatedly said that any agreement would have to include that. However, Prime Minister Benjamin Netanyahu this week ordered the Israeli military to step up its attacks against Hezbollah.
There are also questions on whether Washington would agree to lift its sanctions against Iran and release millions in frozen assets.
Michael O’Neill says he is “100% committed” to Northern Ireland after he signed a new four-year contract with the Irish FA, but he has not ruled out another dual role in the future.
O’Neill had been appointed interim Blackburn Rovers boss in February and had been balancing this role with his position at Northern Ireland, who lost to Italy in the World Cup play-offs in March.
On Wednesday, the IFA confirmed that O’Neill had extended his current contract by four years until 2032.
When asked if he would consider taking on a short-term dual role again in the future, O’Neill did not rule it out as he said: “That’s not a question I need to answer at this minute”, adding it was “hypothetical”.
O’Neill said that he did not “have any regrets” about taking on the role with Blackburn, but admitted he “probably could have done with a little less drama”.
“I said all along, I didn’t think it would affect our preparation for the Italy game, which it didn’t,” O’Neill said.
“I managed to keep Blackburn up, which was the remit of the job.
“I probably think that maybe I underestimated the reaction to it a little bit, but ultimately that’s a learning experience for me as well.”
One week after EU diplomats and lawmakers agreed to eliminate EU duties on most US industrial goods under the EU-US trade agreement, EU ambassadors on Wednesday greenlit a deal with the European Parliament, paving the way for the full agreement’s formal adoption by the EU Council.
ADVERTISEMENT
ADVERTISEMENT
The procedural step comes as the US pressures Europeans to implement the EU-US deal clinched last summer by US President Donald Trump and European Commission President Ursula von der Leyen after weeks of renewed trade tensions.
Trump has threatened to impose 25 percent tariffs on EU cars if the deal is not enforced by the EU by 4 July.
On their side, MEPs still have to formally endorse the agreement reached on the EU side, with a tentative vote scheduled during the plenary session between 15 and 18 June.
“The agreement we reached with the European Parliament marks an important step in delivering on the EU’s commitments,” said a spokesperson for the Cypriot Presidency, which negotiated with MEPs on behalf of EU member states.
The spokesperson added that “robust safeguards” had been included in the agreement “to protect the interests of European businesses and economic operators”.
The deal, considered lopsided by many MEPs, states that the EU would face 15 percent US tariffs while eliminating its own duties on US goods.
However, after Trump repeatedly threatened to impose new tariffs in breach of the deal, EU lawmakers pushed member states to include conditions such as a “sunset” clause that would terminate the agreement on 31 December 2029 unless renewed.
Under the agreement reached last week, the Commission would also be able to suspend the trade deal at the request of either Parliament or a member state if the US fails to lift tariffs on European steel and aluminium products by the end of 2026.
Samsung Electronics Co.’s unionized workers voted to approve a wage agreement, the union said Wednesday. This photo, taken Wednesday, shows Samsung headquarters in Suwon. Photo by Yonhap
Samsung Electronics Co.’s unionized workers voted to approve a wage agreement that includes a substantial bonus package for chip workers, the union said Wednesday, easing concerns over potential disruptions to the global supply chain.
In the six-day vote, 73.7 percent of the 62,616 members of the tech giant’s two largest unions approved the tentative deal. The agreement was finalized after a majority of eligible voters took part in the vote and a majority voted in favor of the proposal.
Later in the day, the two sides signed the wage agreement, with management pledging to strengthen the company’s global competitiveness.
“Starting with the conclusion of this wage agreement, labor and management will work together as one to strengthen our global competitiveness,” Yeo Myeong-gu, head of the company’s Device Solutions division’s People Team, said in a press release.
The labor union and management reached the agreement just an hour before an 18-day strike was set to begin at the world’s top memory chipmaker last Thursday.
Labor and management had been deadlocked since late last year over performance-based bonuses tied to earnings from the company’s artificial intelligence (AI)-related semiconductor business amid the ongoing global memory chip boom.
Under the deal, Samsung will allocate a special semiconductor performance bonus equivalent to 10.5 percent of business performance earnings, without a cap.
The special bonuses will be paid in company stock over at least 10 years, based on targets for the chip division to achieve more than 200 trillion won (US$132 billion) in annual operating profit from 2026 to 2028 and 100 trillion won from 2029 to 2035.
Of the total bonus pool, 40 percent will be allocated to the division as a whole, while 60 percent will be distributed to individual business units.
Based on forecasts that Samsung’s operating profit could reach 300 trillion won this year, the agreement could translate into bonus payouts of up to 600 million won for each of the 28,000 employees in the company’s profitable chip division.
Following the signing, the company announced it will create a 5 trillion-won fund over the next five years to invest in future talent development and build an ecosystem supporting its suppliers and underprivileged groups.
“Over the next five years, we will raise a total of 5 trillion won to invest in win-win cooperation and building a healthy ecosystem, as well as nurturing future talent,” according to the statement attributed by company executives.
The move is widely seen as an effort to counter criticism that the company has been distributing massive profits from the semiconductor supercycle as excessive employee bonuses.
Copyright (c) Yonhap News Agency prohibits its content from being redistributed or reprinted without consent, and forbids the content from being learned and used by artificial intelligence systems.
European shares edged lower on Tuesday as hopes for an imminent de-escalation in the Middle East conflict faded following fresh U.S. strikes on Iran, triggering renewed geopolitical uncertainty across global financial markets.
The pan-European STOXX Europe 600 Index slipped 0.2% to 630.33 points by 0833 GMT, retreating from gains that had recently pushed it close to record levels.
On Monday, the index had closed at its highest level since late February, briefly coming within 1% of an all-time high on optimism that diplomatic progress could soon ease tensions in the region.
That momentum quickly reversed after renewed military action and comments from U.S. Secretary of State Marco Rubio, who said negotiations with Iran could take “a few days,” tempering expectations of a near-term resolution.
Oil Prices Jump as Hormuz Risks Return to Focus
Global energy markets reacted sharply to the escalation, with Brent crude rising more than 3%, reigniting inflation concerns across energy-importing economies, particularly in the euro zone.
The market remains highly sensitive to risks surrounding the Strait of Hormuz, a critical global shipping route through which a significant share of the world’s oil flows.
Analysts warned that any sustained disruption in the region could deepen inflationary pressures just as central banks weigh their next policy moves.
Airlines and Autos Under Pressure
Travel and transport-related stocks were among the biggest losers in Tuesday’s session.
Airlines including Lufthansa and Ryanair fell 1.4% and 0.7% respectively, reflecting investor concerns that higher fuel costs could squeeze margins.
Luxury and automotive stocks also came under pressure after Ferrari dropped sharply following the unveiling of its first fully electric vehicle.
The decline was compounded by a broader sell-off in the European autos sector, which fell 1.6% as investors reassessed competition risks from Chinese EV manufacturers and weakening global demand trends.
Market Sentiment Balances War Risk and Policy Signals
Despite renewed volatility, some investors noted that markets remain partially supported by expectations that diplomacy could still stabilize the situation.
One portfolio manager at Franklin Templeton said markets were reacting cautiously because investors believe a potential agreement could still restore stability in the Strait of Hormuz and normalize energy flows.
However, uncertainty around timing and scope continues to limit upside momentum in equities.
Inflation and Central Bank Policy Back in Focus
Attention is now shifting toward upcoming inflation data across major euro zone economies and the United States, which will help shape expectations for future monetary policy.
European Central Bank policymaker Yiannis Stournaras signaled that any persistent inflation overshoot would require a cautious shift toward tighter policy.
Market pricing currently suggests at least two further 25-basis-point interest rate moves before year-end, according to LSEG data.
Corporate Movers: Winners and Losers
While broader markets weakened, some stocks moved against the trend.
Kingfisher rose 2% after maintaining its full-year profit guidance, easing concerns about demand softness in the home improvement sector.
However, the overall tone remained risk-off as investors continued to weigh geopolitical escalation against macroeconomic uncertainty.
Analysis
The latest pullback in European equities reflects a familiar pattern: markets oscillating between hopes of geopolitical de-escalation and fears of renewed conflict risk in the Middle East.
The key transmission channel remains energy. With Europe heavily dependent on imported oil and gas, any disruption involving Iran or the Strait of Hormuz immediately feeds into inflation expectations, bond yields, and corporate earnings outlooks.
At the same time, equity markets had recently been pricing in a relatively optimistic scenario in which diplomatic talks would gradually stabilize the region. That positioning left stocks vulnerable to abrupt reversals when military developments resurfaced.
Sectoral divergence also highlights how uneven the impact of geopolitical shocks can be. Energy-sensitive sectors such as airlines and autos are under pressure, while defensive or domestically oriented companies remain relatively insulated.
The broader question for markets is whether this marks a temporary setback in diplomatic momentum or a deeper breakdown in expectations for a negotiated settlement. If tensions persist, volatility in oil markets is likely to remain the dominant driver of global equity sentiment in the near term.
PM Nikol Pashinyan, who deepened ties with US, faces challenge from pro-Russia parties in upcoming parliamentary polls.
Published On 26 May 202626 May 2026
Armenia has signed a strategic partnership agreement bolstering ties with the United States, as Prime Minister Nikol Pashinyan faces a challenge from pro-Russia parties in the country’s upcoming election in June.
US Secretary of State Marco Rubio and Armenian Foreign Minister Ararat Mirzoyan also signed a framework on critical minerals and cooperation on a transit corridor in the Armenian capital of Yerevan on Tuesday.
Recommended Stories
list of 3 itemsend of list
“This agreement marks the biggest step to date on making this historic route a reality, on advancing peace, and on increasing prosperity in Armenia and frankly in the region,” Rubio said at a signing ceremony at the Yerevan airport.
The 43-km (27-mile) corridor, dubbed the Trump Route for International Peace and Prosperity (TRIPP), would traverse southern Armenia and provide Azerbaijan with a direct route to the exclave of Nakhchivan and into Turkiye, a close ally of Baku.
Pashinyan has sought closer ties with the US and Europe, drawing the ire of longtime ally Russia. Moscow has said that it could raise the price of gas Armenia receives from Russia if it continues to pursue greater integration with Western countries.
Armenia had historically been a close security and economic partner of Russia, but Yerevan started to turn towards the West for alliances after the 2023 conflict in the Nagorno-Karabakh region of Azerbaijan.
Russia, which is fighting its own war in Ukraine, did not intervene militarily when Azerbaijan launched a major military offensive Nagorno-Karabakh, which had a large Armenian population and had been de facto independent since the 1990s.
Last year, the US and Armenia held joint military drills for the first time.
“I wish to reaffirm that the comprehensive strategic relations between our two nations are stronger than ever,” Mirzoyan said of relations with the US on Tuesday.
The administration of US President Donald Trump, for its part, has cast its relationship with Yerevan in largely economic terms and sought concessions in areas such as critical minerals.
“We are laying the groundwork for the sort of economic engagement that allows Armenians to make money and find prosperity and Americans to do the same and to do it together, which is one of the strongest ways to bind nations with one another,” Rubio said on Tuesday.
A US State Department framework for the transportation corridor, part of a peace agreement signed by Armenia and Azerbaijan last August, also grants the US a 74 percent share in the “TRIPP Development Company”, with an explicit pledge to benefit US companies.
The U.S. dollar edged lower, as investors tracked shifting developments around a potential Iran deal and the resulting moves in oil prices, which influenced inflation expectations and safe-haven demand.
The dollar index (DXY), which measures the greenback against a
Donald Trump announced that he has requested several countries, including Qatar, Saudi Arabia, Pakistan, Egypt, Jordan, and Turkey, to join the Abraham Accords to normalize relations with Israel as part of an agreement with Iran.
U. S. President Donald Trump announced that he has requested several countries, including Qatar, Saudi Arabia, Pakistan, Egypt, Jordan, and Turkey, to join the Abraham Accords to normalize relations with Israel as part of an agreement with Iran. He stated he spoke to the leaders of these countries, as well as the United Arab Emirates and Bahrain, which have already signed the accords.
Trump expressed his wish for all these countries to immediately sign the accords and suggested that if Iran agrees to a deal with the U. S., it would be an honor to include Iran in this coalition. He mentioned the complexity of the negotiations that the U. S. has been working on and said most countries should be open to making a historic settlement with Iran.
While Trump indicated that negotiations with Iran were progressing, he didn’t provide details about a potential deal. He also noted that Egypt and Jordan already have relations with Israel, and he remains optimistic about Saudi Arabia joining the accords, although no movement from Riyadh has been observed.
