Al Jazeera reports Iran is taking a harder line after Supreme Leader Mujtaba called for revenge, saying whoever holds power must avenge the late Khamenei and those killed in US and Israeli military actions. The move complicates timing for diplomacy: the US says a new round of talks is imminent while Iranian media deny that. Foreign Ministry spokesman Bagai denied reports Iran has asked to resume negotiations. The Strait of Hormuz remains a flashpoint; Foreign Minister Araghchi is visiting Oman t

Iran parliamentary speaker Ghalibaf said Iran has never sought war but will not yield to external pressure. He said the U.S., Israel and NATO had expected to force Iran to surrender within days before recent hostilities, but failed. Ghalibaf said the U.S. sought a ceasefire under economic, political and public pressure and that Iran does not trust the U.S.; only by preparing for war can it earn the right to negotiate. He warned that if the U.S. "breaches the memorandum of understanding between the sides," Iran will prepare for a "comprehensive defense" and defend its national interests. He added that although the international community wants an end to the war, the conflict will not end with Iran’s surrender.

Federal Reserve semiannual report: under reserve-management purchase operations, bank reserves remain in the "ample" range.