US President Donald Trump has shared a draft peace agreement on the Iran conflict with key allies, including Israel, as Washington and Tehran attempt to prevent new ceasefire violations from derailing ongoing diplomatic efforts.
The proposed framework, already circulating among regional governments, seeks to reopen the Strait of Hormuz to commercial shipping, lift the US blockade on Iranian ports and release up to $12 billion in frozen Iranian assets. The agreement also outlines a 60-day negotiation period on Iran’s nuclear programme under international supervision.
Pakistan has intensified its diplomatic role in the crisis, with Foreign Minister Ishaq Dar scheduled to travel to Washington on Friday for talks with US Secretary of State Marco Rubio. Pakistan and Qatar continue to mediate indirect contacts between Tehran and Washington.
Tensions, however, remain high. Iran targeted a US airbase in Kuwait after American forces struck what Washington described as an Iranian drone operation near the Strait of Hormuz. Iran’s Revolutionary Guard also warned that all vessels must seek permission before crossing the strategic waterway.
Oil prices rose nearly two percent following the latest developments, although markets remained below the $100-per-barrel mark. Meanwhile, China has urged the United Nations Security Council to formally endorse any future agreement.
