IRAN WAR UPDATE: Iran's negotiations leader Mohammed Ghalibaf says Trump "made 7 claims in 1 hour, ALL 7 are FALSE."

Here are the 7 claims and Iran's response:

1. "Iran agreed to EVERYTHING." — Iran's FM Baqaei says the US will "certainly not get anywhere in negotiations," citing issues like sanctions relief and war reparations STILL unresolved.

2. "Iran will hand over enriched URANIUM to the U.S." — Baqaei explicitly denied this, saying "Iran's enriched uranium is NOT going to be transferred anywhere under any circumstances"

3. "Iran agreed to NEVER close the Strait of Hormuz again." — Iran says the reopening is ONLY for the duration of the ceasefire, and "if the blockade continues, the Strait will not remain open."

4. "The Strait is completely OPEN for full passage." — Ghalibaf says passage requires "Iranian authorization" on a "designated route."

5. "Iran agreed to suspend its nuclear program indefinitely." — U.S. officials admit there is NO agreement on enrichment terms. Ghalibaf referred to these reports as "part of a media campaign that has been launched to influence the negotiators and the negotiating table."

6. "No money will exchange hands." — Iran listed compensation for war damages and the release of frozen assets abroad as top priorities in any negotiations, directly contradicting Trump's assertion that no financial component was part of the deal.

7. "We're very close to a deal" / "a deal is largely complete." — Iran says there are SIGNIFICANT differences remaining. Reuters reports negotiators scaled back to only a temporary memorandum, NOT a comprehensive deal.

This came AFTER markets closed, on the same day the S&P 500 hit ATHs above 7,100 and oil crashed -11%.

This is a textbook weekend gap risk setup. Buckle up for Sunday futures.

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