The United States and Iran seem close to finalizing a deal to end the ongoing conflict and reopen the Strait of Hormuz. Pakistani Prime Minister Shehbaz Sharif announced on Saturday that the agreement, intended to settle the Middle East crisis, is nearing conclusion and might be finalized within the next 24 hours. Pakistan is poised for electronic signature of the agreement, followed by technical-level discussions expected to occur next week.
However, the White House has not clarified the status of negotiations or the potential signing date. Iran’s foreign ministry spokesperson suggested no signing would take place on Sunday, yet left room for possibilities in the following days. Past announcements of breakthroughs have not materialized.
Earlier this week, Iran engaged in hostilities with the U.S. and Israel, heightening regional tensions and nearing a comprehensive conflict. U.S. Central Command declared on social media late Friday that Iranian attack drones targeting commercial vessels in the Strait of Hormuz had been intercepted. The conflict, initiated by the U.S. and Israel on February 28, has severely impacted the region, nearly halting oil and natural gas exports from the Persian Gulf. Since April 7, a fragile ceasefire has been maintained.
Key Points:
- The deal considers Iran’s nuclear program with a 60-day timeframe.
- A critical aspect is the reopening of the Strait of Hormuz.
- Potential sanctions relief for Iran is included.
Iranian Foreign Minister Abbas Araghchi mentioned on Friday that the agreement’s terms regarding Iran’s nuclear program would be finalized during a 60-day period following the initial deal signing, with the option to extend if needed. The U.S. and Israel have expressed concerns over Iran’s nuclear ambitions potentially leading to an atomic weapon. Tehran maintains its nuclear pursuits are solely peaceful.
A senior U.S. administration official, speaking to reporters under anonymity per White House protocols, disclosed that the emerging agreement intends to initiate the dismantlement or removal of Tehran’s highly enriched uranium. Technical specifics related to its removal will be addressed during the 60-day period post-signing. While the official did not specify the entity responsible for the uranium removal, it is purportedly located at three nuclear sites damaged by U.S. strikes last year.
The prospective agreement includes provisions for reopening the strait. Araghchi emphasized Iran’s desire for a deal enabling Tehran to impose charges on transiting ships under “services rendered.” During the conflict, Iran enforced tolls, deemed unlawful by the U.S. and others.
Disruptions to transit through the Strait of Hormuz, a vital route for oil and natural gas, have affected global energy supplies, escalated fuel prices, and increased costs of essentials such as food and fertilizer worldwide.
Three regional officials disclosed that anticipated outcomes of the agreement involve phased sanction alleviation for Iran alongside the release of Iran’s frozen assets. These details emerged under anonymity due to negotiation sensitivities. They foresee an imminent signing ceremony once Washington and Tehran approve the deal.
Iran is adamant that the agreement also encompass a ceasefire in Lebanon, where Israeli forces continue combat operations against the Iran-backed Hezbollah militant group. Israeli Defense Minister Israel Katz cautioned on Friday regarding potential unilateral action by Israel against Iran, pledging not to relinquish occupied zones in Lebanon, Syria, Gaza, nor northern Israeli-controlled West Bank refugee camps. Hostilities persist in southern Lebanon as of Saturday.
Reporting contributions from Weissert in Washington and Mednick in Tel Aviv, Israel. Input from Associated Press journalists Michelle L. Price and Aamer Madhani in Washington, as well as Russ Bynum in Savannah, Georgia.

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