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Iran says draft US deal includes oil sanctions waiver, nuclear limits and asset release

Iran has revealed that a proposed memorandum of understanding with the United States includes a waiver of oil sanctions, limits on Iran's nuclear programme, and the release of billions of dollars in frozen Iranian assets. A senior Iranian source told Reuters on Friday that the draft deal would waive sanctions on Iran's oil exports, unfreeze billions of dollars of its funds, and impose restrictions on Iran's nuclear programme. The agreement also includes a commitment from Iran to never develop nuclear weapons. According to the source, the United States would lift its blockade on Iranian ports and issue targeted sanctions waivers to facilitate unrestricted Iranian oil sales during the negotiation period. The US proposal includes a temporary waiver of oil sanctions effective until a final agreement is reached, rather than Iran's demand for permanent lifting of all sanctions. The draft MOU […]

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US and Iran inch closer to deal, but timing remains unclear

The United States and Iran have agreed on the wording of a draft peace deal to end their war, but the exact timing of when the agreement will be finalised remains unclear. Pakistani Prime Minister Shehbaz Sharif, who has been mediating the talks, announced that a final agreed-upon text of the peace deal has been reached between the United States and Iran, with subsequent actions to be determined by mediators. Pakistan, which has taken a proactive role in mediation, is coordinating with the involved nations on the next steps forward. According to three regional officials, the anticipated agreement is expected to facilitate the reopening of the Strait of Hormuz, gradually lift sanctions on Iran, and allow the release of Iranian assets that have been frozen. A senior U.S. official revealed that pivotal elements of the emerging agreement involve the removal […]

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US and Iran Move Closer to Major Agreement

The United States and Iran appear to be moving closer to a major agreement aimed at easing months of military tensions between the two countries. President Donald Trump announced that a formal deal could be signed on Sunday, although Iranian officials have expressed caution regarding the timeline. In a message shared on social media, Trump stated that the agreement was expected to be finalized soon. He also said that the Strait of Hormuz, one of the world's most important shipping routes for oil and natural gas, would be reopened to all maritime traffic immediately after the deal takes effect. Pakistan, which has played a mediation role in the negotiations, also expressed optimism about the progress made. Prime Minister Shehbaz Sharif said a final agreement could be concluded within 24 hours and noted that preparations were underway for an electronic signing […]

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US Iran peace deal to be signed Sunday as Hormuz reopens

US President Donald Trump has announced that a deal between the United States and Iran is set to be finalized on Sunday, and that the Strait of Hormuz will reopen right after the agreement is signed. Pakistan, which has been mediating the talks, said a final agreed-upon text of a US-Iran peace deal has been reached, with only next steps needing clarification. The deal is expected to reopen the Strait of Hormuz, extend the current ceasefire, and begin negotiations on Iran's nuclear programme. Under the terms of the proposed deal, the Strait of Hormuz would reopen to shipping, returning to the situation that existed before the US and Israel launched their recent military action against Iran. The ceasefire is expected to continue for a further 60 days, with conflict ending across multiple fronts including Lebanon. The proposed memorandum of understanding […]

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Iran vows to attack any vessel passing through Strait of Hormuz

Iran has threatened to attack any ship that attempts to pass through the Strait of Hormuz, one of the world's most critical shipping lanes for oil exports. Ebrahim Jabari, a senior advisor to the commander-in-chief of the Islamic Revolutionary Guard Corps, stated that the Strait is now closed and warned that guards and navy forces will set ablaze any vessel trying to transit. This threat marks Iran's most direct alert since announcing the closure of the crucial waterway, posing a significant threat to nearly 20% of global oil exports and potentially causing steep rises in crude oil prices worldwide. The Revolutionary Guard Corps warned that regular navy forces would ignite vessels attempting to navigate through the strait if anyone tries to pass despite the closure. Iranian Foreign Minister Abbas Araghchi indicated that several nations had approached Tehran seeking safe passage […]

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Iran strikes US bases in Jordan and Bahrain in retaliation for US attacks in Hormuz

Iran's Islamic Revolutionary Guard Corps (IRGC) has launched strikes on United States military installations in Bahrain, Jordan and Kuwait in retaliation for US airstrikes on Iranian ports and islands in the Strait of Hormuz following the downing of an Apache attack helicopter. In a statement released through state media on Wednesday, the IRGC reported it executed drone strikes against the US Fifth Fleet in Bahrain and the Ali Al Salem base in Kuwait, along with a long-range missile attack targeting an airbase in Azraq, Jordan. The IRGC indicated it hit 21 US targets, claiming to have destroyed four of them, which included a hangar for F-35 fighter jets at the Jordanian base. It also asserted that a US MQ-9 drone was downed over the Iranian city of Jam. Bahrain and Kuwait both sounded alerts and fired air defenses in response […]

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Iran Weighs Peace Proposal Accuses US of Excessive Demands

Iran is carefully reviewing the latest US peace proposal for ending the current war in the Middle East even as Tehran accuses Washington of making excessive demands that jeopardise the negotiations. In a call with UN Secretary-General Antonio Guterres, Iranian Foreign Minister Abbas Araghchi said Tehran remains engaged in the diplomatic process despite what he called repeated betrayals of diplomacy and military aggression against Iran along with contradictory positions and repeated excessive demands by the United States. According to recent reports, Iran's latest peace initiative includes demands for an end to all aggressive actions against Iran and its allied faction in Lebanon, withdrawal of US troops from areas near Iran's borders, and compensation for damages from the US-Israeli conflict. The proposal also calls for the lifting of all US sanctions, release of frozen Iranian assets, and an end to the […]

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Iran accuses US of sabotaging diplomacy

Iranian Foreign Minister Abbas Araghchi has strongly criticized the United States, accusing Washington of choosing military escalation whenever diplomatic progress appears possible. In a message posted on X, Araghchi said the US repeatedly turns to what he described as a “reckless military adventure” each time negotiations move closer to a potential solution. He also insisted that Iran would “never bow to pressure”. The statement comes amid rising tensions in the Strait of Hormuz, where Iran and the United States have exchanged accusations over recent military confrontations. Despite the clashes, Donald Trump maintained that a ceasefire between both sides remains in effect. The truce is intended to support negotiations aimed at ending the conflict launched earlier this year involving the United States, Israel and Iran. According to US Secretary of State Marco Rubio, Tehran is expected to respond to American peace […]

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Iran urges US to drop excessive demands in peace talks

Iran has urged the United States to drop what it calls excessive demands if both sides are to reach a deal and prevent their conflict from sliding back into full scale war. Iranian officials say Washington must adopt a more realistic approach in the ongoing talks and avoid miscalculations that could derail progress. Foreign Minister Abbas Araghchi conveyed this message in a phone call with his Egyptian counterpart, Badr Abdelatty, after the latest round of discussions between Iranian and US negotiators. He said success in the negotiations requires seriousness, realism and an end to overreaching demands from the American side. The talks, mediated by Oman and held in Geneva and Islamabad in recent weeks, are widely seen as a last ditch effort to secure a broader agreement that would include a ceasefire and steps to ease tensions around the Strait […]

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Iran foreign minister blames US for failed talks in Pakistan

Iranian Foreign Minister Abbas Araghchi has blamed the United States for the collapse of recent peace talks held in Pakistan.He made the remarks after landing in Russia, where he is expected to brief President Vladimir Putin on the failed negotiations and discuss next steps. Araghchi said the US approach and what he called excessive demands caused the talks to fall short, despite what he described as real progress during the negotiations.According to Iranian state media, he argued that Washington’s position prevented the discussions from reaching their goals. The talks in Pakistan were aimed at easing tensions and preventing a wider conflict, following weeks of rising fears over possible escalation in the region.Iran maintains that it engaged in the process in good faith, but was confronted with shifting expectations and pressure from the US side. In earlier comments, Araghchi had said […]

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