Odaily Planet Daily reported on June 11th local time that US President Trump stated that a "very good deal" had been reached regarding the Iran issue, adding that the relevant documents were in the final drafting stage and were expected to be finalized and signed in the coming days. He also indicated that the agreement might be signed in Europe, possibly this weekend, with US Vice President Vance in attendance. Trump stated that the Strait of Hormuz would be open once Iran signs the agreement. Iran has not yet responded. (Jinshi)

Odaily Planet Daily reports that the Israeli Prime Minister's Office stated that President Trump spoke with Netanyahu tonight regarding the upcoming memorandum of understanding with Iran, which is now in the negotiation stage. Although Israel is not a party to the memorandum, the Prime Minister expressed appreciation for Trump's commitment that the final agreement after negotiations will include the removal of enriched materials, the dismantling of enrichment infrastructure, restrictions on missile production, and a halt to Iranian support for its proxies in the region. (Jinshi)

Odaily Planet Daily reports that at a press conference on Thursday, when asked about his deadline for reaching a final US-Iran agreement, US President Trump stated, "I don't want to give a deadline because then you'll say I haven't met the deadline. But it won't have much of an impact because the agreement will be signed." (Jinshi)

Odaily reports that the Iranian Foreign Ministry spokesperson stated that the Strait of Hormuz remains closed due to illegal actions by the United States. Ships should exercise caution, as there are no safe conditions for passage. (Jin Shi)

According to a report by consulting firm Crane Zeng, while some offshore prediction market platforms should theoretically block US users, US users may still contribute a significant amount of trading activity. The report estimates that US users trade between $11 billion and $34 billion in offshore prediction markets, representing 12.5% to 31.5% of the total US prediction market trading volume. Polymarket alone may contribute between $11 billion and $27 billion in related trading volume, an estimate the report considers "conservative." The report also predicts that if the relative share of regulated and offshore markets remains unchanged, US users' annual trading volume in offshore prediction markets could reach $133 billion by 2030. Prediction markets have grown rapidly in the past two years, with Kalshi and Polymarket being prime examples. Although the US CFTC has recently adopted a more lenient stance towards domestic prediction markets, unlicensed offshore platforms are still prohibited from providing services to US users. Polymarket was previously banned from operating in the US in 2022 for not registering to serve US clients.