More than three months after the United States and Israel launched war against Iran, renewed hopes have arisen that the conflict will soon come to an end.
The war has affected not only the countries directly involved but also the global economy, as the closure of the Strait of Hormuz has raised oil prices to record highs, driven inflation and hampered economic growth around the world.
Pakistan, the key mediator, has stepped up its diplomatic efforts in recent days, with Interior Minister Mohsin Naqvi and Chief of Army Staff (COAS) and Chief of Defense Forces (CDF) Field Marshal Asim Munir visiting Iran.
Following these developments, Donald Trump said that Washington and Tehran had “heavily negotiated” a memorandum of understanding on a peace agreement that would lead to the reopening of the Strait of Hormuz.
While world leaders issued statements following these events, details of the proposed agreement that would end hostilities are emerging.
The following are the details that have been reported so far:
- axios says the United States and Iran are close to signing an agreement that involves a 60-day ceasefire extension.
- axios It says that during this period the Strait of Hormuz will be reopened.
- axios He says Iran could sell oil freely and that negotiations would be held to curb Iran’s nuclear program.
- axios It says that during the period, the Strait would be open without tolls and Iran would agree to clear the mines it placed in the strait to allow ships to pass freely.
- axios He says that in return the United States would lift its blockade of Iranian ports and issue some sanctions waivers to allow Iran to sell oil freely.
- Iran Tasnim A news agency says that in a possible memorandum of understanding between Iran and the United States, Washington will waive sanctions on Iranian oil.
- Tasnim says the MoU emphasizes ending the war on all fronts, including Lebanon.
- Tasnim says that a 30-day period will be allocated for procedures related to the Strait of Hormuz and the end of the blockade.
- Tasnim says a 60-day period will be set for nuclear talks.
- Tasnim says Iran has not yet accepted any action on its nuclear file.
- Tasnim says that under a possible memorandum of understanding with the United States, some of Iran’s frozen funds must be released in the first phase.
- Tasnim says that Iran has emphasized that any initial MoU is conditional on the release of at least part of these assets so that our country can access them.
- Tasnim said that the mechanism for releasing the other part of the frozen assets should be specified during the negotiations process.
- Tasnim He says that if an agreement is reached with the United States, the status of the Strait of Hormuz will not return to pre-war conditions.
- Tasnim says the number of ships capable of transiting the Strait of Hormuz will return to pre-war levels within 30 days.
- Tasnim He says Iran is emphasizing the exercise of its sovereignty over the Strait of Hormuz in several ways, the details of which will be announced.
- Tasnim It says that the naval blockade must be completely lifted within 30 days, according to the understanding.
- Tasnim says that if the naval blockade is not lifted, there will be no change in the Strait of Hormuz.
- Tasnim says that any changes to passage and navigation through the Strait are conditional on the implementation of other commitments by the United States in the MoU.
- Tasnim He says that the United States’ commitment to withdraw its forces from around Iran is another point emphasized by Tehran in the potential MoU.
- Tasnim says that the conflict still persists over two or three clauses of the MoU between Iran and the United States.
- Tasnim quoting a knowledgeable source: if the United States continues to put up obstacles, there will be no chance of reaching a final understanding.
— Additional contributions from Reuters
