US-Iran Indirect Talks: Doha mediators say “positive progress” on a 14-point MoU, including a communications channel to log alleged violations and steps around frozen Iranian assets, but both sides still disagree on the path to lasting peace. Hormuz Tensions: Iran’s Khatam al-Anbiya command warns all tankers must use Iran-approved Strait of Hormuz routes or face “forceful response,” while Iran rejects US-led security frameworks, insisting Hormuz is under Iran’s command. Khamenei Funeral Diplomacy: Iran’s leadership and armed forces urge “no miscalculation” from the US or Israel ahead of Ayatollah Ali Khamenei’s multi-day state funeral (July 4-9); mediators say the next indirect talks will be scheduled after funeral processions. Frozen Funds & Nuclear Standoff: Tehran says it will use part of frozen Qatar funds to buy “required goods,” while Parliament Speaker Ghalibaf says IAEA inspectors will not get access to bombed nuclear sites. Regional Security Spillover: Iran increases pressure on Kurdish opposition groups, with reports of drone strikes on KDPI-linked targets in Iraqi Kurdistan. Oil & Markets: Oil prices fall for a third straight day as supply disruption fears ease, even as Hormuz control remains the central flashpoint. International Attendance: India, Pakistan, and Malaysia plan high-level representation at the funeral, underscoring Iran’s diplomatic reach even amid war.