On Monday, day 3 of Khamenei's 6-day state funeral, Iran ran three parallel operations. Iran's MOIS, IRGC, and National Police jointly destroyed 4 US-Israel-linked terror bases in Sistan-Baluchestan province, killing 2 fighters, capturing 10+, and seizing a Starlink satellite comms kit. Iran-Qatar maritime trade resumed via Al-Ruwais Port. Pezeshkian's resignation threat continued. Netanyahu prepared his Washington visit, telling Fox News he sees no 'rift' with Trump. Pakistan confirmed it will host the next round of US-Iran talks on July 11. The funeral is the public theater. The cleanup, the trade resumption, and the Pezeshkian crisis are the operational ground.

On Sunday, while Tehran held day 2 of Khamenei's 6-day state funeral, every party to the MOU issued an ultimatum. Iranian President Pezeshkian threatened resignation over the decision to negotiate with Washington — the smoking-gun signal that the Iranian system is divided over whether to negotiate at all. Tehran issued a public threat of 'heavy blows' to the US and Israel. The IDF announced an Israeli soldier was kidnapped in Be'er Sheva and taken to Tarqumiya. The Houthis released a new threat video as Shin Bet warned of a 'next October 7' in Eilat. The Board of Peace greenlit tougher Israeli action in Gaza. The IDF chief warned of renewed war with Iran. The funeral procession is the public theater. The structural pressure is the public ultimatums.

On Saturday, two nations held their most important national ceremonies of the decade on the same day. Iran began a 6-day state funeral for the late Supreme Leader Khamenei at Imam Khomeini's Mosalla prayer hall in Tehran. America held its 250th anniversary with Trump at Mount Rushmore, 850,000 fireworks in DC, and the Freedom250 project (an algae-infested reflecting pool, a destroyed South Lawn, a partially demolished East Wing). The new Supreme Leader Mojtaba was not present at his father's funeral due to security concerns. Trump said he 'gave them a week off' to hold the funeral. The 60-day clock is, on Saturday, paused. Two nations processed. Both processions were built on top of a structural void.

On Friday, the Iranian deputy FM announced the conclusion of the Doha talks on implementing the Iran-US MoU. On the same day, Iran held the funeral of Khamenei, with 100 nations sending delegations, Beijing sending NPC Vice Chairman He Wei, Moscow sending Security Council Deputy Medvedev, and 20 million expected in Tehran. On the same day, the WSJ reported the US believes Israel plotted to assassinate Iranian negotiators Khalibaf and Araghchi in April, including an attempt on Khalibaf's plane in Iranian airspace. The procedural track concluded. The operational track is being held together by a coffin, a memorial, and a warning. The deal is, on Friday, more likely to fail than to succeed.

On Thursday, WTI crude fell to $68.96 — its lowest since February 27 — as the Doha talks went well, per Trump. But the MOU's clean market signal collided with the MOU's structural reality. A foreign container ship ran aground in Hormuz after straying from Iran's approved route. Mojtaba Khamenei purged the powerful judiciary chief Eghei. Kurdish fighters ignited multiple fronts inside Iran. US-Saudi relations hit their worst tension in years after Riyadh torpedoed Trump's Hormuz operation. The market priced the procedural track. The operational track produced a ship, a purge, an insurgency, and a fracture. Two clocks, two tempos, one document.