Pakistan announced the readiness of the United States and Iran to conclude a peace agreement.
Iran has agreed to open the Strait of Hormuz as part of a future deal with the US
The US and Iran have agreed on the framework terms of a peace deal after more than three months of war and could sign the initial document within the next 24 hours. This was reported by Reuters with reference to the Prime Minister of Pakistan, Shehbaz Sharif, whose country is acting as a mediator in the negotiations.
Details
According to Sharif, the parties have already agreed on the main parameters of the future agreement. Pakistan is preparing for its electronic signature, followed by technical talks next week.
The day before, the United States and Iran also said that they were close to completing the agreements. A senior US administration official told Reuters that the parties had agreed on the text of the document, and Washington expected to sign an initial agreement in the coming days.
According to the agency's sources, the draft memorandum envisages the opening of the Strait of Hormuz and the lifting of the naval blockade of Iranian ports by the US. After that, the parties should proceed to negotiations on Iran's nuclear program.
Under the preliminary terms of the deal, the United States could begin unfreezing billions of dollars in Iranian assets and ease sanctions on Iranian oil exports. In return, Tehran should restore free navigation through the Strait of Hormuz.
The issue of the nuclear program is planned to be discussed within 60 days after the signing of the document. The American side expects that the negotiations will eventually lead to the dismantling of the Iranian nuclear program and the removal of highly enriched uranium stocks.
However, Iranian Foreign Minister Abbas Arakchi said that the text of the agreement could still change. According to him, Tehran did not agree to liquidation of the nuclear program and wants to keep uranium in a diluted form.
At the same time, Arakchi called the previous agreement a sign that Iran came out of the conflict stronger, and said that his country is "the winner of the war with the United States."
Against this background, oil prices fell. Brent futures fell by 3.37% to $87.33 per barrel, while American WTI lost 3.23% to close at $84.88 per barrel.#USIranHormusDealDisputed #TrumpSharesIranDealClaim #oil #Hormuz #Tramp
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