Iran and US Agree to Tentative Deal to End War
The Tentative Deal
United States President Donald Trump has announced what he has described as a “great deal” to end the war with Iran as officials in Tehran and Washington outline an agreement that would bring an immediate halt to hostilities after more than 100 days of conflict.
The Agreement Details
Iran’s Supreme National Security Council said the deal includes an immediate suspension of military operations on all fronts, including in Lebanon, nearly one-fifth of whose territory Israel currently occupies.
- The agreement includes a ceasefire by Israel in Lebanon.
- The naval blockade against Iran will end immediately and completely.
The Data Analysis
Kazem Gharibabadi, Iran’s deputy foreign minister for legal and international affairs, said negotiations for a final agreement would continue for 60 days.
- The draft agreement envisages a final settlement on nuclear issues within 60 days.
- Iran would be able to enrich uranium “for nonmilitary purposes. Forever.”
The Impact Analysis
Analysts said the agreement appears likely to reduce immediate violence, reopen shipping lanes and provide space for further negotiations. However, significant questions remain over whether Israel will abide by the agreement and what will be decided about Iran’s nuclear programme, sanctions relief, the future of the Strait of Hormuz and the fate of Iran’s regional allies, including Hezbollah.
The Prediction
The announcement was welcomed by financial markets while Trump urged ships stranded due to the Strait of Hormuz closure to “start their engines” as expectations grew that shipping through the waterway would resume.