ISLAMABAD: The United States and Iran are expected to announce a peace agreement within the next 24 hours, according to The Washington Times, which reported that a draft deal to end the war has already been finalized.
Draft Approved by Negotiators
According to The Washington Times, negotiators from both sides have approved the draft agreement, adding that key figures including Mohammad Bagher Ghalibaf, JD Vance, Steve Witkoff, and Jared Kushner have signed off on the draft. The report also claims that Field Marshal Syed Asim Munir held meetings in Iran during his visit, which is being described as successful, and helped bridge differences between the parties involved.
Financial Times Reports Imminent Deal
Meanwhile, the Financial Times reports that Iran and the US are close to a deal, which includes a proposed 60-day extension of the ceasefire. During this period, talks on Iran’s nuclear programme are expected to continue. It further said that the US may gradually ease restrictions on Iranian ports, along with possible sanctions relief and the release of frozen Iranian assets abroad. Arab media outlets also report that a formal announcement of the agreement could come within hours.
Pakistan Sent Revised Proposal
Separately, Reuters reports that Iran and Pakistan have sent a revised proposal to the United States aimed at ending the ongoing war and reopening the Strait of Hormuz, according to two Pakistani sources familiar with the talks. A Pakistani official involved in the negotiations said an interim agreement to halt the conflict is now in its final stage and is described as “fairly comprehensive.”
“It is never over till it is done,” the official added, noting that discussions are still ongoing. If finalized, the agreement would mark a major diplomatic breakthrough, ending months of conflict that disrupted global energy supplies through the Strait of Hormuz. The reopening of the strategic waterway and the resumption of Iranian oil exports could ease global energy prices and reduce inflationary pressures worldwide. However, officials cautioned that final details are still being worked out, and an announcement remains subject to last-minute approvals.
