Russian Oligarch's Yacht Seized in Fiji on US Request

The $300 million megayacht Amadea of Russian oligarch Suleiman Kerimov was seized by local authorities in Lautoka, Fiji on a US Justice Department request, for allegedly being tied to sanctions violations and money laundering. Leon LORD FIJI SUN/AFP
The $300 million megayacht Amadea of Russian oligarch Suleiman Kerimov was seized by local authorities in Lautoka, Fiji on a US Justice Department request, for allegedly being tied to sanctions violations and money laundering. Leon LORD FIJI SUN/AFP
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Russian Oligarch's Yacht Seized in Fiji on US Request

The $300 million megayacht Amadea of Russian oligarch Suleiman Kerimov was seized by local authorities in Lautoka, Fiji on a US Justice Department request, for allegedly being tied to sanctions violations and money laundering. Leon LORD FIJI SUN/AFP
The $300 million megayacht Amadea of Russian oligarch Suleiman Kerimov was seized by local authorities in Lautoka, Fiji on a US Justice Department request, for allegedly being tied to sanctions violations and money laundering. Leon LORD FIJI SUN/AFP

Authorities in Fiji have seized the $300 million yacht of Russian oligarch Suleiman Kerimov after the US Justice Department requested the vessel be held for violating sanctions and for alleged ties to corruption, the department said Thursday.

The five-year-old, 348-foot (106 meter) "Amadea" was berthed in Lautoka, Fiji in the South Pacific when local authorities took control of it based on a US warrant and a Justice Department request, AFP reported.

"The Amadea is subject to forfeiture based on probable cause of violations of US law, including the International Emergency Economic Powers Act, money laundering and conspiracy," the department said in a statement.

Kerimov is among a group of Russian oligarchs "who profit from the Russian government through corruption and its malign activity around the globe, including the occupation of Crimea," it said.

The United States has imposed sanctions on Russian oligarchs close to President Vladimir Putin as part of a wave of economic punishment for the invasion of Ukraine.

Kerimov, who has made a fortune as part owner of major Russian energy and financial companies including Gazprom and Sberbank, is also an official of the Russian government and a member of the Russian Federation Council, it said.

- 'No hiding place' -
"There is no hiding place for the assets of criminals who enable the Russian regime," US Attorney General Merrick Garland said in a statement.

"The Justice Department will be relentless in our efforts to hold accountable those who facilitate the death and destruction we are witnessing in Ukraine," Garland said.

Deputy Attorney General Lisa Monaco said the department had its eyes "on every yacht purchased with dirty money".

"This yacht seizure should tell every corrupt Russian oligarch that they cannot hide -– not even in the remotest part of the world," she said.

"We will use every means of enforcing the sanctions imposed in response to Russia's unprovoked and unjustified war in Ukraine."

Fijian lawyers acting on behalf of Millemarin Investment Ltd, the registered owner of the Amadea, have filed an application for the vessel to be kept in Lautoka where it has been berthed since its arrival in Fiji in the middle of last month.

The Amadea is worth $325 million and boasts a pool, jacuzzi, helipad, and "winter garden" on the sun deck, according to the website superyachtfan.com, which tracks the vessels of the rich.

Millemarin Investment applied at Fiji's High Court this week to prevent its seizure under the US warrant, pending an appeal against the move.

Fiji's director of public prosecutions said the court would rule on the company's application by Friday.



Trump Says Deal to End War Will Be Signed on Sunday, Iran Questions Timing

A drone view of vessels anchored in the Strait of Hormuz as seen from Musandam, Oman, June 8, 2026. (Reuters)
A drone view of vessels anchored in the Strait of Hormuz as seen from Musandam, Oman, June 8, 2026. (Reuters)
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Trump Says Deal to End War Will Be Signed on Sunday, Iran Questions Timing

A drone view of vessels anchored in the Strait of Hormuz as seen from Musandam, Oman, June 8, 2026. (Reuters)
A drone view of vessels anchored in the Strait of Hormuz as seen from Musandam, Oman, June 8, 2026. (Reuters)

US President Donald Trump and mediator Pakistan said on Saturday an initial deal to end the war in the Middle East would be signed on Sunday, although Iran denied the signing would take place so soon. 

Pakistani Prime Minister Shehbaz Sharif said the two sides had agreed on a framework for a peace deal and that Islamabad was preparing for an electronic signing on Sunday, to be followed by technical-level talks next week. 

Trump also said in a social media post that the deal with Iran was scheduled to be signed on Sunday and that the Strait of Hormuz, a vital artery for global oil supplies which Iran has blocked, would be immediately "open to all" after it was signed. 

Earlier on Saturday, Iranian Foreign Ministry spokesperson Esmaeil Baghaei cautioned against commenting on the timing the signing. 

"We will have to wait and see about the exact date of the signing of the memorandum of understanding, although it will not be tomorrow," state media quoted Baghaei as saying. 

"The possibility of this happening in the coming days cannot be ruled out. However, due to the ‌hesitation of the ‌other side, we must be cautious in making any comments about this process." 

A US official who spoke to ‌reporters ⁠later declined to ⁠be drawn on the timing but said: "It's a great deal and a very strong deal." 

It is not the first time the two sides have appeared close to an initial agreement on ending the war that began on February 28 with joint US-Israeli strikes on Iran, but Sharif said on X: "We are closer to a peace deal than ever before." 

The war has sent global energy prices sharply higher and killed thousands of people, mostly in Iran and Lebanon, where the war has revived a conflict between Israel and Iran-aligned Hezbollah. 

WHAT IS IN THE DEAL? 

Iranian Foreign Minister Abbas Araqchi said on Friday that while changes in the deal were still possible, the tentative agreement showed his country had emerged stronger from the conflict. 

Hours after those remarks, US forces shot down multiple Iranian one-way attack drones heading toward the Strait of Hormuz, a source familiar with ⁠the matter told Reuters. 

The source, who spoke on condition of anonymity, said the drones had posed a threat to ‌commercial traffic. US Central Command later confirmed the action and said the strait, a major artery for ‌global oil supplies, was open. 

Iran has for months effectively blockaded the strait, and the US navy has blocked Iranian ports to reduce its oil exports. 

The proposed memorandum of understanding ‌calls for reopening the strait and lifting the US naval blockade, sources on all sides of the talks said. Negotiations over Iran's nuclear program - Trump's stated ‌rationale for starting the war - would take place afterwards. 

"Iran is going to open up the Strait of Hormuz, that's a requirement. It could be open with no tolls. As they do that, we will lift our blockade," said the US official who spoke on Saturday. 

"It's going to happen in conjunction, and part of the next step, the phase after that, is going to be the demining of the straits," the official said, indicating countries in the Group of Seven major powers could have a role in this. 

FROZEN ASSETS 

Draft terms ‌described to Reuters by multiple sources indicate the US would begin releasing billions of dollars in frozen Iranian assets and waive sanctions on its oil exports, in return for Iran opening the strait. 

Iran's Fars news agency quoted ⁠Baghaei as saying the release of Iran's ⁠frozen assets was an integral part of the agreement and also that Iran would have to charge for services in the Strait of Hormuz. 

Fars also quoted him as saying foreign military bases in the region must end without providing details. 

Iran's nuclear program would be addressed during a 60-day period of talks. A US official said the agreement would ultimately lead to the dismantling of Iran’s nuclear program, with its stockpile of highly enriched uranium to be destroyed and removed. 

But Araqchi said that Iran, which sources said has not accepted the dismantling of its nuclear program, wanted to retain the uranium in diluted form. 

The proposals also include discussion of possible war reparations for Tehran and dropping longstanding US demands for limits on Iran's missile program, the sources said. The US official disputed that account. 

ISRAEL NOT PARTY TO MEMORANDUM 

Israeli Prime Minister Benjamin Netanyahu said his country would not be party to the agreement. He has clashed with Trump over US demands that Israel curb military action in Lebanon to allow Washington to reach a deal with Tehran. 

Araqchi said the agreement would end the war in Lebanon, implying an Israeli withdrawal from occupied areas. 

Israel's defense minister said it would not withdraw. A senior Israeli official said Israel expects to retain its freedom to act against threats. 

Iran's supreme leader, Ali Khamenei, was killed in an airstrike on the first day of the war and later replaced in the role by his son Mojtaba. Khamenei's funeral will begin in Tehran on July 4 and conclude with his burial in his hometown, the northeastern holy city of Mashhad, on July 9, Iranian state media reported on Saturday.  


Iran Says Funeral for Late Supreme Leader Khamenei to Begin July 4, Burial Set for July 9

A woman holds an image of late Iranian Supreme Leader Ali Khamenei during a rally in Tehran, Iran, May 29, 2026. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
A woman holds an image of late Iranian Supreme Leader Ali Khamenei during a rally in Tehran, Iran, May 29, 2026. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
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Iran Says Funeral for Late Supreme Leader Khamenei to Begin July 4, Burial Set for July 9

A woman holds an image of late Iranian Supreme Leader Ali Khamenei during a rally in Tehran, Iran, May 29, 2026. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
A woman holds an image of late Iranian Supreme Leader Ali Khamenei during a rally in Tehran, Iran, May 29, 2026. Majid Asgaripour/WANA (West Asia News Agency) via Reuters

The ‌funeral for Iran's late Supreme Leader Ali Khamenei will begin in Tehran on July 4 and conclude with his burial in his hometown, the northeastern holy city of Mashhad, on July 9, state media reported on Saturday. 

Khamenei was killed on the first day of Israeli and US airstrikes against Iran on February 28. The 86-year-old cleric had been at the helm of the regime ‌for 36 ‌years. 

The funeral arrangements will include ‌ceremonies ⁠on July 7 in ⁠the holy city of Qom, south of Tehran, media said. 

Islamic law requires the deceased to be buried as soon as possible, and ideally within 24 hours of death, but exceptions are allowed, for example in time of war. 

During his ⁠rule, Khamenei built Iran into a ‌powerful anti-US force, spreading ‌its military sway across the Middle East through proxy forces ‌such as Hezbollah in Lebanon, while using an ‌iron fist to crush outbreaks of unrest at home. 

Khamenei remained a strong critic of the United States throughout his rule, while successive US administrations tried unsuccessfully ‌to resolve a dispute with Iran over its nuclear program. 

The airstrike that killed ⁠him pulverized ⁠his central Tehran compound. His 56-year-old son Mojtaba, who also lost his wife in the airstrike and was himself injured, succeeded his father as Supreme Leader. 

Pakistan's Prime Minister Shehbaz Sharif said on Saturday that Iran and the United States had agreed on a framework for a peace deal after more than three months of war and are expected to sign the initial deal in the next 24 hours. 


North Korea Condemns US Missile Sale Approval to South Korea

A North Korean flag flutters at the North Korea consular office in Dandong, Liaoning province, China June 8, 2026. (Reuters)
A North Korean flag flutters at the North Korea consular office in Dandong, Liaoning province, China June 8, 2026. (Reuters)
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North Korea Condemns US Missile Sale Approval to South Korea

A North Korean flag flutters at the North Korea consular office in Dandong, Liaoning province, China June 8, 2026. (Reuters)
A North Korean flag flutters at the North Korea consular office in Dandong, Liaoning province, China June 8, 2026. (Reuters)

North Korea's foreign ministry condemned a US decision to approve the sale of advanced air-to-air missiles and related equipment to South Korea, warning the move would worsen tensions on the Korean peninsula, state media KCNA said on Saturday.

The ministry's director-general for external policy said in a statement carried ‌by KCNA ‌that military cooperation between Washington ‌and ⁠Seoul was being "systematically strengthened" despite ⁠what it called international concern over rising tensions in and around the peninsula.

The official cited the US State Department's approval of a nearly $300 million foreign military sale of advanced air-to-air missiles and related ⁠equipment to South Korea as ‌the latest example.

"US ‌arms exports are war exports," the official said, adding ‌that North Korea would continue strengthening ‌its self-defensive deterrent to maintain the regional balance of power.

North Korea routinely criticizes US-South Korea military cooperation as preparation for war.

It separately criticized ‌South Korea's President Lee Jae Myung over a joint statement with ⁠European Union ⁠leaders during a visit to Europe, which described North Korea's status as a nuclear weapons state and its military cooperation with Russia as "illegal", KCNA said on Saturday.

KCNA said it was a violation of North Korea's sovereignty, South Korea had shown there could be no "peaceful coexistence" between the two Koreas and that Pyongyang would continue to regard the South as a hostile state.