US releases text of Iran peace plan as Trump says deal averts ‘worldwide depression’
Summary
The Trump administration has released a 14-point peace plan with Iran aimed at reopening the Strait of Hormuz and preventing economic crisis. The plan includes financial incentives for Iran, a ceasefire, and nuclear discussions, with both sides preparing to sign the agreement soon.Key Facts
- The US-Iran agreement is a 14-point plan serving as a 60-day ceasefire.
- The deal aims to open the Strait of Hormuz, a critical shipping route.
- It allows Iran to keep enriching uranium for civilian use under supervision.
- The US would unfreeze billions of dollars in Iranian assets.
- Financial incentives include lifting a US naval blockade and waivers for Iranian oil exports.
- There is a plan for a $300 billion reconstruction fund for Iran, funded by Gulf regional countries.
- The deal includes limitations on Israeli military actions in Lebanon, meeting Iranian demands.
- President Trump said the deal is a major win and prevents a worldwide economic depression.
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