Afternoon Update

What a crazy day of headline ping-pong. Around 1 p.m. Saudi’s AI Arabiya says it TV obtained what it describes as final draft of US-lran agreement. Key provisions include: 1) An immediate, comprehensive, and unconditional ceasefire on all fronts (land, sea, air) 2) Mutual commitment not to target military, civilian, or economic infrastructure 3) Cessation…