US President Donald Trump has announced that a peace agreement with Iran is nearing completion, following extensive negotiations involving Middle Eastern leaders, as well as Pakistan and Israel. The proposed agreement aims to reopen the Strait of Hormuz and seeks to bring an end to the conflict that erupted earlier this year. Trump emphasized that the deal is “largely negotiated,” with only a few details left to finalize before making an official announcement.
These discussions have included leaders from countries such as Saudi Arabia, Qatar, Turkey, Egypt, the UAE, Jordan, Bahrain, and Pakistan, alongside Israeli Prime Minister Benjamin Netanyahu. However, Iranian officials have contested certain aspects of Trump’s statement, particularly concerning control over the Strait of Hormuz. Iranian representatives have asserted that the waterway will remain under their authority, including decisions on shipping routes and permits.
Pakistan’s Prime Minister Shehbaz Sharif expressed optimism about the diplomatic progress, indicating Pakistan’s interest in hosting further talks between the US and Iran. Pakistan’s army chief, General Syed Asim Munir, has reportedly played a crucial role in these mediation efforts, having recently met with Iranian leaders in Tehran.
The draft proposal is believed to include a 60-day extension of the ceasefire, the reopening of the Strait of Hormuz without imposing tolls, the easing of restrictions on Iranian oil exports, and renewed discussions on Iran’s nuclear program. In exchange, the US could reduce restrictions on Iranian ports and release frozen Iranian assets as part of a broader settlement.
Despite the diplomatic advances, tensions continue to simmer. President Trump has warned that military action might resume if the negotiations do not succeed. Meanwhile, some critics within the Republican Party are concerned that the proposed terms resemble past nuclear agreements that they have strongly opposed. In Washington, the potential agreement is sparking debate, with proponents viewing it as a means to prevent further conflict and economic disruption, while opponents fear it could bolster Iran’s influence in the region.