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Preliminary peace deal could be signed within days, says US, Iran and mediators

Preliminary peace deal could be signed within days, says US, Iran and mediators

Summary

Iran, the US, and mediators said a preliminary peace deal to end the three-month Middle East conflict could be signed soon, though the exact timing and details are unclear. The deal is reported to include reopening a key shipping strait, lifting a US naval blockade, and beginning talks on Iran’s nuclear program, but the US and Iran differ on what the agreement entails.

Key Facts

  • Pakistan’s Prime Minister Shehbaz Sharif said an electronic signing of the deal could happen within 24 hours, followed by technical talks.
  • Iran's foreign ministry spokesperson said the signing may not happen immediately but could occur in the coming days.
  • US President Donald Trump has threatened military action against Iran but also announced a draft deal approved by Iranian leaders.
  • The conflict involves Iran, Israel, and the US, with recent intense clashes despite a ceasefire since April.
  • The proposed deal includes reopening the strait of Hormuz and lifting the US blockade on Iranian ports.
  • Iran claims it has won the conflict and calls the deal a sign of strength, while the US insists the deal demands Iran dismantle its nuclear program and freeze support for militant groups.
  • The deal reportedly involves releasing $24 billion of Iran’s frozen assets and suspending sanctions on its oil sales.
  • Israel opposes parts of the deal and continues military actions in Lebanon against Hezbollah.
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