US-Iran Peace Deal Terms Include 60-Day Ceasefire, Hormuz Reopening
Leaked terms of a potential US-Iran peace deal outline a 60-day ceasefire, reopening of the Strait of Hormuz, and a commitment to discuss sanctions relief and frozen funds.
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According to a report from The Kobeissi Letter, the expected terms of a US-Iran peace deal include:
- A 60-day extension of the ceasefire between the US and Iran, followed by a 60-day negotiation period on Iran's nuclear program.
- The US would remove its naval blockade and reopen the Strait of Hormuz.
- The US commits to discussing sanctions relief and the release of frozen Iranian funds.
- The deal would include a permanent end to hostilities on all fronts, including Lebanon.
- A final agreement is slated to be signed on June 19th in Switzerland.
Further details are anticipated shortly. The terms, if confirmed, could significantly impact global oil flows and geopolitical risk premiums.
Source: The Kobeissi Letter