Iran Israel Updates Wed May 6

- President Trump's decision to cancel his plan to assist ships passing through the Strait of Hormuz was made after Saudi Arabia suspended the US military's ability to use its bases and airspace for the operation NBC

- Trump on Iran: "We'll see if we get there. They can't have nuclear weapons. We have to get what we have to get. If we don't do that, we'll have to go a big step further; they want to make a deal. We've had very good talks over the last 44 hours

- Iran's Oil Ministry to the New York Times: Iran has begun to reduce production in some of its oil wells to cope with a storage crisis caused by the naval blockade. According to him, within 40-45 days, land and sea storage space may run out.

- Son of senior Hamas figure Khalil al-Hayya, who was a Nukhaba terrorist, has been eliminated

- Trump sets a new deadline for Iran. In a phone call with Fox News, President Trump said he gives Iran one week to sign a deal.

- IDF struck a building in Beirut The target Commander of the Hezbollah Reduan force, Major Alak Blout. The elimination was coordinated with the US, Netanyahu andDefense minister Katz say Radwan Force operatives “were responsible for firing [rockets] at Israeli communities and harming IDF soldiers.”

- Netanyahu says that he will speak with US President Donald Trump tonight, as the US is reportedly moving toward an agreement with Iran to end the war before resolving Iran’s nuclear program. “We maintain continuous contact with our friends in the United States,“I speak with President Trump on an almost daily basis.”

- Three soldiers were injured in Hezbollah explosive drone attacks in southern Lebanon, as the Iran-backed terror group continued to launch attacks on troops and on northern communities on Wednesday.

- Chairman of the Iranian Parliament, Ghalibaf: "We do not rule out the possibility of a military attack. I am surprised how our enemies still haven't realized that we are ready to die and not give up."

US, Iran said closing in on framework to end war; Trump warns ‘bombing starts’ if Tehran rejects proposal

- Trump: “Assuming Iran agrees to give what has been agreed to, which is, perhaps, a big assumption, the already legendary Epic Fury will be at an end, and the highly effective Blockade will allow the Hormuz Strait to be OPEN TO ALL, including Iran. If they don’t agree, the bombing starts, and it will be, sadly, at a much higher level and intensity than it was before. Thank you for your attention to this matter! President DONALD J. TRUMP”

- Following reports from Axios that the U.S. and Iran may be nearing a 14-point memorandum of understanding, U.S. President Donald J. Trump warned that if Tehran fails to finalize a deal, military operations against Iran will resume at a far more aggressive pace.

- Israel was unaware that US President Donald Trump was close to reaching an agreement with Iran to end the fighting and open the Strait of Hormuz, an Israeli official tells Army Radio.

“We were preparing for an escalation,” says the official.

- Reuters from Pakistan: US and Iran close to one-page agreement to end the war.

- According to sources cited in a report obtained by Axios, the parties are closest to an agreement since the war began. Here are the details.

 -The naval blockade by the US and Iran will be lifted gradually during the period of the detailed ceasefire.

-The US will be required under the memorandum of understanding to lift sanctions and release hundreds of billions of dollars gradually.

- Ceasefire negotiations are still ongoing for the duration of the uranium enrichment freeze. Three sources said the freeze would be for at least 12 years, and one source estimated the outcome would be 15 years. Additionally, the US wants to include a clause in the agreement stating that any Iranian violation regarding uranium enrichment will extend the freeze period.

-Two sources claimed Iran will agree to remove the highly enriched uranium it holds outside the country.

-The United States expects to receive Iran's response to several key points in the draft framework agreement within the next 48 hours.