President Donald Trump of the United States has shared a draft peace proposal aimed at resolving the conflict with Iran with key allies, including Israel. This move comes as diplomatic efforts intensify to maintain the tenuous ceasefire and work toward a comprehensive settlement. The framework being considered suggests reopening the Strait of Hormuz to allow unrestricted commercial shipping, lifting the US blockade on Iranian ports, and giving Iran access to billions of dollars in frozen assets. A 60-day negotiation period focusing on Iran’s nuclear program is also part of the plan.
The proposal outlines a gradual restoration of maritime traffic through the crucial Strait of Hormuz to normal levels within 30 days. Key issues to be addressed during negotiations include Iran’s reserve of highly enriched uranium, its future enrichment activities, and enhanced oversight by the International Atomic Energy Agency (IAEA). Iran would also pledge not to pursue nuclear weapons. US Vice President JD Vance mentioned that while both parties are nearing an agreement, unresolved issues remain concerning uranium enrichment and the management of existing nuclear materials.
Pivotal diplomatic mediation efforts are underway, with Pakistan playing a significant role in mediating indirect talks between Washington and Tehran. Pakistan’s Foreign Minister Ishaq Dar is expected to meet with US Secretary of State Marco Rubio in Washington to discuss the ongoing situation. Nevertheless, tensions in the Gulf region remain elevated, highlighted by recent military incidents involving US and Iranian forces, underscoring the fragility of the ceasefire and potential for renewed conflict.
The proposed agreement has sparked debate among regional stakeholders. Israel has expressed concerns that the framework delays critical decisions regarding Iran’s nuclear program while discussions persist over sanctions relief and maritime security arrangements. The Strait of Hormuz continues to be a focal point in these talks, with Iranian officials emphasizing their role in managing traffic through the waterway. Meanwhile, the US insists on free navigation and opposes any future toll system for commercial vessels.
Developments around the negotiations are closely watched by the oil markets due to the Strait’s significance for global energy supplies. Analysts suggest that the next few weeks will be crucial in determining whether the current ceasefire can evolve into a broader diplomatic agreement that could help mitigate regional tensions and stabilize international energy markets.