Summary

Iran's parliament approved the peace framework in a 168-122 vote, but hardliners secured a conditional amendment requiring written P5+1 security guarantees before final implementation. The narrow victory for moderate coalition whips came after 14 hours of debate, with the conditional ratification setting up an urgent diplomatic scramble in the final 24 hours before the May 31 deadline. The framework passed but with strings attached that could complicate or delay implementation depending on whether major powers accept Iran's added conditions.

What to Watch

• P5+1 response — whether major powers accept Iran's conditional ratification or demand clean approval
• Supreme Leader approval — Ayatollah Khamenei must now formally endorse parliament's conditional ratification
• May 31 deadline — 1 day remaining before the stated P5+1 deadline expires
• Oil market reaction — Brent crude direction as markets digest conditional vs. clean approval
• US response — whether White House views amendments as deal-breakers or acceptable terms
• Hardliner next moves — whether conservative MPs escalate pressure on Khamenei to reject implementation
• Hormuz shipping — any early signs of mine-clearing or transit normalization ahead of formal deal

Sources

This report will be updated throughout the day as events develop. Key sources include Reuters, AP, Al Jazeera, BBC, Bloomberg, and official Pentagon briefings.

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