In a significant development for global security and energy markets, US President Donald Trump has signaled that a diplomatic breakthrough with Iran is "very possible." Following intense discussions over the past 24 hours, the US is seeking to bring an end to a conflict that has persisted for more than two months.
Sources, including a Pakistani mediator, suggest that both parties are nearing a one-page memorandum. This document is intended to formally end the hostilities and establish a framework for several critical issues, most notably the reopening of shipping lanes through the strategic Strait of Hormuz, the lifting of US sanctions on Iran, and the implementation of limits on Iran's nuclear program.
While the White House expresses optimism, the mood in Tehran remains cautious. Iranian President Masoud Pezeshkian has stated his readiness to pursue diplomatic avenues to end the war with the US and Israel, provided that the rights of the Iranian people are safeguarded.
Despite Trump's assertion that Iran "wants to make a deal badly," a formal response to the latest US proposal is still pending. The proposal has already met some resistance internally; Iranian lawmaker Ebrahim Rezaei, representing the parliament's foreign policy and national security committee, characterized the US text as more of an "American wish-list than a reality."
As the international community and investors closely monitor these developments, the lack of a strict deadline for Iran's response leaves the window for diplomacy open, though the path toward a final agreement remains fraught with tension.
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Trump says 'very possible' to reach agreement, Tehran yet to respond
cgtn.com
