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Iran experiences fresh US proposal to quit the warfare, talks by job of Pakistan, markets rally as oil falls, but key problems on sanctions and nuclear limits remain unresolved.
Iran experiences fresh US proposal to quit the warfare, talks by job of Pakistan, markets rally as oil falls, but key problems on sanctions and nuclear limits remain unresolved. (Reuters photo)
Iran acknowledged on Wednesday it is miles reviewing a fresh proposal from the US, as each and every sides drag nearer to a one-page memorandum aimed at ending the Gulf warfare whereas deferring more complex problems equivalent to Tehran’s nuclear programme.
An Iranian international ministry spokesperson, cited by ISNA, acknowledged Tehran would rapidly suppose its response via Pakistan, which has hosted earlier talks and continues to act as a key channel between the 2 sides.
Sources accustomed to the negotiations acknowledged the draft one-page, 14-level memorandum would formally quit hostilities and be adopted by detailed talks on reopening the Strait of Hormuz, lifting US sanctions and placing limits on Iran’s nuclear actions.
“We can halt this very rapidly. We’re getting halt,” a Pakistani source involved in mediation said.
Also Read: US-Iran Peace Deal Gains Momentum; Breakthrough Likely In 24–72 Hours, Says Pakistan
US President Donald Trump, while not confirming specifics, said the war could end if Iran “agrees to give what has been agreed to,” warning that failure to assemble so might perchance perhaps perhaps lead to intensified militia stream. He moreover indicated it turned into too early to discuss a proper signing meeting.
The White Home and Affirm Division maintain no longer officially commented, whereas Israel — Washington’s key ally within the warfare — has signalled warning. An Israeli source acknowledged it turned into blind to any drawing near deal and turned into making ready for a that you might perchance perhaps perhaps imagine escalation.
Oil Drops, Markets Rally
Reports of a potential agreement resulted in interesting market reactions, with global oil costs plunging on the subject of 11%, whereas equities rose and bond yields eased on hopes of an quit to the warfare that has disrupted energy offers.
Trump moreover announced a quit in “Project Freedom,” a US naval operation aimed at reopening Hormuz, citing progress in talks.
Key Issues Still Unresolved
Under the proposed framework, US envoy Steve Witkoff and adviser Jared Kushner are leading negotiations. If agreed, the memorandum would trigger a 30-day window for detailed talks on a comprehensive settlement.
The broader deal is expected to include US sanctions relief, release of frozen Iranian funds, mutual easing of blockades around Hormuz and a potential moratorium on Iran’s uranium enrichment.
However, major sticking points remain. The draft reportedly does not address several longstanding US demands, including curbs on Iran’s missile programme and its regional proxy network.
There is also no clarity on the fate of Iran’s existing stockpile of over 400 kg of near weapons-grade enriched uranium — a key US concern.
Iranian lawmaker Ebrahim Rezaei dismissed the proposal as “more of an American wish-list than a reality,” suggesting Tehran might perchance perhaps perhaps merely push for further concessions.
Meanwhile, Foreign Minister Abbas Araghchi reiterated that Iran seeks a “aesthetic and comprehensive agreement,” with reports indicating Tehran still has reservations about the current proposal.
Tensions Continue Despite Talks
Despite diplomatic progress, tensions in the region remain high. The US naval effort to reopen Hormuz had limited success and triggered fresh Iranian strikes in the region.
In the latest incident, a French shipping company reported that one of its container vessels was hit in the strait, with crew members injured and evacuated.
While optimism over a deal is growing, officials on both sides caution that significant hurdles remain before a final agreement can be reached.
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News world Iran Reviews New US Proposal, Says It Will Respond Via Pakistan Soon
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