Proposal for ceasefire and reopening
A ceasefire plan has been presented to Iran and the United States, raising hopes for a possible end to hostilities and the reopening of the critical Strait of Hormuz.
According to a source cited by Reuters, the proposal – drafted by Pakistan – envisions a two-phase approach, beginning with an immediate ceasefire that could take effect as early as today.
Two-phase agreement framework
Under the plan, an initial understanding would be formalised through a memorandum of understanding, to be finalised electronically via Pakistan, which is currently acting as the main communication channel between the sides.
The first phase includes an immediate ceasefire and reopening of the Strait of Hormuz, while a broader agreement would be concluded within 15 to 20 days.
The second phase would involve a comprehensive settlement, tentatively referred to as the “Islamabad Agreement”, with final in-person negotiations expected to take place in Islamabad.
Mediation and diplomatic contacts
The source said Pakistan’s army chief, Field Marshal Asim Munir, maintained overnight contacts with key officials, including US Vice President JD Vance, US envoy Steve Witkoff, and Iranian Foreign Minister Abbas Araqchi.
Previous reports by Axios indicated that US, Iranian, and regional mediators were also exploring a 45-day ceasefire as part of a broader roadmap to end the conflict.
Iran seeks guarantees
Iranian officials have signalled willingness for a lasting ceasefire, but insist on guarantees that the country will not face further attacks by the US or Israel.
Tehran has received messages from multiple mediators, including Pakistan, Turkey, and Egypt. The proposed final deal is expected to include Iranian commitments not to pursue nuclear weapons, in exchange for sanctions relief and the release of frozen assets.
However, sources indicate that Iran has not yet formally responded to the proposal, despite intensified diplomatic engagement.
Market concerns and global impact
The latest diplomatic push comes amid escalating hostilities that have raised concerns over disruptions to global energy supplies.
The Strait of Hormuz remains a vital maritime route for oil and gas shipments, and any closure or instability has immediate consequences for international markets.
US President Donald Trump has publicly urged a swift resolution, warning of consequences if a ceasefire is not reached soon.
Iran warns over “war crimes”
Meanwhile, tensions escalated further as Iran accused the United States of threatening “war crimes” following remarks by President Trump about potential strikes on civilian infrastructure.
Iranian Deputy Foreign Minister Kazem Gharibabadi said such threats against energy facilities and bridges constitute violations of international law.
Drone intercepted by Greek Patriot system
Separately, a Patriot missile battery operated by Greek forces in Saudi Arabia intercepted and destroyed an unmanned aerial vehicle, as part of the international Integrated Air Missile Defense (IAMD) mission supporting the Kingdom’s air defence.
Greek forces confirmed that the unit continues to operate normally following the interception.
Also read: Iran: Strait of Hormuz will reopen only after compensation is paid
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