US and Iran Negotiate Potential Ceasefire Agreement

US President Donald Trump Announces Partial Peace Deal with Iran

A proposed memorandum of understanding (MoU) between the US and Iran aims to reopen the Strait of Hormuz, a vital shipping lane for crude oil and gas. The agreement reportedly includes talks aimed at formally ending the US-Israel war on Iran.

According to Trump’s social media platform Truth Social, an agreement has been “largely negotiated” with the US, Iran, and several other countries in the region. Final details will be announced soon. The proposed framework involves several stages, including formally ending the war, resolving the Strait of Hormuz crisis, and opening a 30-day negotiation window for a broader agreement on sustained peace.

Sources suggest that Washington and Tehran are close to a deal, which would include no tolls on ships transiting the strait and Iran being able to freely sell oil. In exchange, the US would lift its blockade on Iranian ports and waive some sanctions on Iranian oil. The draft agreement also includes commitments from Iran never to pursue nuclear weapons.

Iranian officials have confirmed negotiations are ongoing and that some headway has been made. However, they have pushed back against Trump’s claims, stating that major disagreements remain over the status of the Strait of Hormuz, Iran’s nuclear program, and conflicts involving Tehran-backed groups in Lebanon.

The proposed MoU includes a roadmap to end the war on all fronts, with the US waiving sanctions on Iranian oil during negotiations. However, Iran has not yet accepted any actions on its nuclear program, according to Tasnim news agency. The agreement allocates 30 days for procedures related to the Strait of Hormuz and 60 days for nuclear talks.

Iran’s Ministry of Foreign Affairs spokesperson Esmaeil Baghaei described the proposal as a “framework agreement” or MoU that would first establish broad principles before details are negotiated over 30 to 60 days.

Source: Al Jazeera