US, Iran reach preliminary peace agreement

Hadia Batool
By
Hadia Batool
Hadia Batool is Web Editor of Minute Mirror. She can be reached at [email protected].
3 Min Read

Summary

  • The United States and Iran have reached a preliminary agreement aimed at ending their ongoing conflict.
  • Pakistan’s Prime Minister Shehbaz Sharif, who played a mediating role, also confirmed that an agreement had been reached after intensive talks.
  • The draft agreement also includes the possible lifting of the US naval blockade on Iran.
AI Generated Summary

The United States and Iran have reached a preliminary agreement aimed at ending their ongoing conflict. The signing of the memorandum is scheduled for Friday in Switzerland.

The announcement was made by  US President Donald Trump. He stated that the deal with Iran has been completed. Pakistan’s Prime Minister Shehbaz Sharif, who played a mediating role, also confirmed that an agreement had been reached after intensive talks.

The agreement sets out an immediate and permanent halt to military operations. This applies to all fronts of the conflict, including regional areas such as Lebanon. Both sides have agreed to stop hostilities as part of the initial framework.

Officials said the deal is a preliminary step. Further negotiations will continue for 60 days. These talks will focus on nuclear issues, sanctions relief, and long-term regional stability.

The framework also includes discussions on reopening key maritime routes. The Strait of Hormuz is expected to be reopened under the agreement. This move is likely to ease global energy supply pressure.

Iranian officials said military operations would stop immediately after the agreement takes effect. They added that future talks will focus on nuclear enrichment and economic sanctions. Other issues, such as missile programs, are reportedly excluded from the final agenda.

The United States has not issued a detailed statement yet. However, it confirmed that discussions are ongoing with international partners. Israel has not yet officially responded to the announcement.

The draft agreement also includes the possible lifting of the US naval blockade on Iran. It further proposes discussions on the release of frozen Iranian assets during the negotiation phase.

Global markets reacted to the development. Oil prices fell sharply after the announcement. Stock markets in Asia also recorded gains due to expectations of improved regional stability.

The conflict has caused significant casualties and instability in the Middle East. It has also raised concerns over global energy security and shipping routes.

European countries welcomed the announcement. They urged both sides to follow through on commitments and continue diplomatic engagement.

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Hadia Batool is Web Editor of Minute Mirror. She can be reached at [email protected].
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