US and Iran Near Temporary Truce Agreement

Washington DC. International media have reported that the United States and Iran are in the final stages of attempting to reach a temporary and limited agreement to end the ongoing war. Sources indicate that preparations are underway for a short-term memorandum of understanding aimed at immediately halting the war, rather than a full peace treaty.

This potential agreement is said to aim at stopping the war, resolving the Strait of Hormuz crisis, and creating an environment for long-term negotiations. However, serious disagreements reportedly persist on sensitive issues such as Iran's nuclear program, the storage of highly enriched uranium, and the duration of the nuclear activity moratorium.

According to sources, the proposed plan will proceed in three phases. The first phase involves formally ending the war, the second phase will resolve the Strait of Hormuz crisis, and the third phase will involve discussions on a comprehensive agreement through a 30-day negotiation period. Pakistan has played a mediating role in these talks. A senior Pakistani official involved in the mediation told Reuters, "Our priority is to announce a permanent end to the war. After that, the remaining issues can be resolved through direct negotiations."

US President Donald Trump has also responded optimistically to the possibility of an agreement. Speaking to reporters at the White House, he said, "They want to make a deal. It is possible." He later added that the war could "end soon." However, the Iranian side still appears skeptical. Iran's Foreign Ministry stated it would respond to the proposal at the appropriate time, while Iranian MP Ebrahim Raisi described the proposal as a wish list from the US. Similarly, Iran's Parliament Speaker Mohammad Bagher Ghalibaf accused the US via social media of spreading illusions about the success of the talks. He wrote, "Operation Trust Me Bro Failed," indicating that the US is using the talks as propaganda after failing to reopen the Strait of Hormuz.

With the possibility of an agreement, the global oil market has declined. The expectation that oil supply may become easier after a potential peace agreement has led to a sharp drop in oil prices. Brent crude oil prices fell by nearly 11% at one point, reaching $98 per barrel, although they later recovered slightly to stabilize around $99-100.

Analysts suggest that the market is currently reacting positively to the hope of no new military action. Takamasa Ikeda, Senior Portfolio Manager at GCI Asset Management, said, "The details of the proposal are not very clear, but the market is now expecting no further war."

Meanwhile, according to US media NBC News, Saudi Arabia also played a role in Trump's decision to halt the US naval operation initiated to reopen the Strait of Hormuz. The report states that Trump decided to postpone the operation after Saudi Arabia did not allow the US military to use its airspace and military bases. According to the report, Saudi officials were dissatisfied with the US plan and informed Washington that they would not allow US military aircraft to use Saudi airspace.