In a bid to solidify a delicate ceasefire and push forward negotiations towards a broader peace agreement, US President Donald Trump has shared a draft peace proposal concerning the Iran conflict with key allies such as Israel. This proposed framework aims to reopen the Strait of Hormuz to regular commercial shipping, end the US blockade on Iranian ports, and allow Iran access to its frozen assets worth billions. It also sets a 60-day negotiation timeline focusing on the future of Iran’s nuclear program.
As part of the draft, maritime traffic through the critical Strait of Hormuz would gradually normalize within 30 days. Talks would center on Iran’s stockpile of enriched uranium, its future enrichment activities, and enhanced monitoring by the International Atomic Energy Agency (IAEA). Iran would also pledge not to develop nuclear weapons. US Vice President JD Vance expressed optimism about reaching an agreement but noted persisting differences over uranium enrichment and the management of nuclear materials.
Pakistan has been instrumental in facilitating indirect talks between Washington and Tehran, with diplomatic efforts intensifying. Pakistani Foreign Minister Ishaq Dar is set to meet US Secretary of State Marco Rubio in Washington to further these discussions. Despite ongoing negotiations, tensions in the Gulf region remain high, with recent military incidents between US and Iranian forces underscoring the ceasefire’s fragility and the potential for renewed conflict.
The proposed framework has sparked debate among regional stakeholders. Israel has expressed concerns that the plan delays key decisions regarding Iran’s nuclear ambitions, while discussions around sanctions relief and maritime security are ongoing. The status of the Strait of Hormuz is a central issue in talks, with Iran asserting its role in managing shipping and the US insisting on free navigation without any tolls for commercial vessels.
The situation is closely watched by oil markets, given the Strait’s significance for global energy supplies. Analysts suggest that the weeks ahead will be crucial in determining whether the ceasefire can evolve into a comprehensive diplomatic agreement that reduces regional tensions and stabilizes international energy markets.