Shafaq News-Washington/ Tehran
A draftagreement between the United States and Iran includes guarantees for freedom ofnavigation in the Strait of Hormuz and gradual sanctions relief for Tehran,Al-Hadath reported on Friday.
Citing informedsources, the outlet added that the proposed framework also includes commitmentsto international law and the UN Charter, alongside a joint mechanism formonitoring and resolving disputes. Negotiations on unresolved issues wouldbegin within seven days of an official announcement.
Meanwhile,Pakistani Foreign Ministry spokesperson Tahir Andrabi stated that Prime MinisterShehbaz Sharif would discuss a joint initiative during a visit to China on May23, with Beijing supporting Islamabad’s mediation efforts through a previouslyannounced five-point proposal aimed at ending the conflict. The initiative,announced in March, called for an immediate ceasefire, renewed peace talks,restoration of maritime navigation in the Strait of Hormuz, protection ofcivilians and nonmilitary infrastructure, and broader regional stabilizationefforts.
Read more: Force without a finish line: Iran is losing the war, the US is losing the end game
Despite signsof progress, major disagreements remain unresolved, particularly over Iran’suranium stockpile and Tehran’s control over Hormuz. Fars News Agency, citingsources, reported on Friday that Tehran wants to postpone discussions over thenuclear file until after the war ends, while Washington continues pushing for acomprehensive agreement covering all outstanding disputes. The United States“opposes transferring Iran’s enriched uranium stockpile to a third country” andinstead insists on taking direct custody of the material, a demand Tehran hasso far rejected.
US Secretary ofState Marco Rubio had warned that Tehran’s proposed tolling system in theStrait of Hormuz also remained unacceptable.
The straitremains central to the negotiations, with roughly 20% of global oil and gas shipmentspassing through the waterway before the conflict erupted on February 28,according to estimates from the US Energy Information Administration andInternational Energy Agency. Reuters also reported that disruption tonavigation through the strait contributed to sharp oil price volatility andbroader supply-chain concerns, with Brent crude trading above $104 per barrelon Friday as investors monitored developments in the negotiations.
Read more: Trump’s balancing act with Iran tests diplomacy and deterrence
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