Iran's NITC says preparing to return to European ports in light of prospects for removal of anti-Iran sanctions.

A top Iranian commander has thanked the country’s nuclear negotiating team after they reached mutual understanding with the P5+1 on Thursday. The commander of Iran’s Islamic Revolution Guards Corps says the outcome in the Swiss city of Lausanne has rendered ineffective US options to force its political will on Iranians. Major General Mohammad-Ali Ja’afari says the US has now been forced to change its political behavior towards Iran, and has chosen diplomacy to resolve the nuclear case. Ja’afari says what Iran has achieved is the result of the nation’s resistance. He added that Washington has realized that pressuring the Iranian people will only make them stronger. Ja’afari further emphasized that the lifting of all sanctions against Iran is still an important redline that lies at the heart of Tehran’s key demands in talks with the P5+1.

Despite the US president’s warning to veto new sanctions on Iran, lawmakers opposing the Lausanne mutual understanding have planned a formal response to the announcement. Senate Republican majority leader Mitch McConnell criticized the understanding on Iran's nuclear program. He said that an interim agreement should not result in QUOTE reducing pressure on Tehran. McConnell also repeated his pledge to examine legislation proposed by hawkish Senators Bob Corker and Bob Menendez, which requires that any nuclear deal with Iran be reviewed by Congress. Republicans are critical of those parts of the framework understanding that allow Iran to keep several thousand centrifuges and to continue its research and development program.

Zarif attends a closed-door Majlis session to brief lawmakers on Lausanne nuclear talks.

Saudi Arabia welcomes a joint statement by Iran and P5+1 on Tehran’s nuclear program.

Iraq welcomes a recent statement adopted by Iran and world powers on Tehran’s nuclear activities.

Iran says it is expecting American shipping lines to visit its ports once the economic sanctions against it are lifted.

Iran says it is planning to export non-oil exports in light of prospects that sanctions against it will be removed soon.

Stocks in Dubai rose on Sunday following last week developments over Iran's nuclear energy program.

Iran’s president says Iran's agreement with P5+1 seeks removal of all sanctions, not their suspension.