Draft Amendments, Hormuz Tensions and Regional Clashes Define Iran Update

The May 31 Iran Update notes Trump seeking amendments to the US-Iran MoU—on HEU handling and Strait of Hormuz provisions—as Washington and Tehran clash over enrichment, sanctions relief, and timing. It also covers disputed interpretations of an 'open' Hormuz, Iran’s missile strikes on Iraqi Kurdistan, escalating Israeli-Lebanese clashes including Hezbollah rockets and the Beaufort Castle operation, and a US push to curb Iranian-backed Iraqi militias, with Iran expanding trade routes via the Caspian as maritime capacity remains constrained. The report reflects a tense 24-hour mix of diplomacy and battlefield moves.