ISLAMABAD – US and Iran agreed in principle to Peace framework, with plans to reopen Strait of Hormuz and allow shipping to pass vessels, but the deal is still in its early stages as a memorandum of understanding are still being worked out in ongoing negotiations, and concerns remain for ships to pay Toll introduced after US-Israeli military escalation with Iran.
Reports by Iranian media said the proposed memorandum of understanding outlines transitional framework rather than a permanent arrangement and waterway’s reopening will be closely managed in line with conditions after years of disruption and conflict in the region.
Under draft structure, Iran and Oman would take on joint responsibility for overseeing maritime operations in the strategic chokepoint. Their roles would reportedly include coordinating essential services such as navigation support, maritime safety monitoring, environmental protection, and insurance-related facilitation for vessels transiting the Strait.
The arrangement suggests that Tehran would derive economic benefit from the system, with revenues generated through these maritime service functions flowing into its domestic economy. However, the proposal is described as temporary and experimental in nature, with the 60-day toll-free period framed as an initial phase rather than a long-term policy. Further negotiations are expected to determine whether the system is extended, modified, or replaced in future agreements.
US President Donald Trump claimed that US an Iran struck agreement aimed to end hostilities, reopening critical maritime routes, and launching a new phase of nuclear negotiations.
In his recent interview, Trump said the deal would restore full access to the Strait of Hormuz, saying it would become “permanently toll-free” under the arrangement. He also said a US naval blockade of Iran would be lifted as part of the agreement. According to his account, the deal is expected to be formally signed in Switzerland, with Pakistan acting as a key mediator, while detailed follow-up negotiations are set to begin on Friday.
POTUS termed the breakthrough an outcome of earlier US military strikes on Iranian nuclear facilities and a blockade of its ports, actions he said forced Tehran to the negotiating table and “reshaped the balance of power” across the region; Tehran however hailed the accord as its victory.
Trump said the agreement includes provisions to halt military operations in parts of the Middle East, including Lebanon. However, Israeli officials have rejected any suggestion of withdrawal, insisting their forces will remain deployed indefinitely. While Trump portrayed Iran as treating the deal as a strategic victory, he suggested Israel was far less satisfied, openly criticizing Israeli Prime Minister Benjamin Netanyahu and accusing him of nearly derailing the agreement at critical stages.
He warned that if Iran ultimately fails to finalize a nuclear accord, US could resume military action or assume what he described as a long-term “security policing” role in the Middle East, potentially funded through a share of regional revenues He also floated the idea of the U.S. acting as a paid stabilizing force in the region.
He also escalated his criticism of Israel’s leadership, arguing that Netanyahu should be “grateful” for US intervention, which he claimed prevented a nuclear catastrophe. The agreement, according to Trump, would impose strict limits on Iran’s uranium enrichment program, allowing only low-level civilian use under tighter international monitoring. He said discussions were ongoing over how long Iran would be barred from higher-level enrichment, with timelines ranging between 15 and 20 years.
He further claimed the US would participate directly in dismantling and down-blending Iran’s existing stockpiles of enriched uranium material, he said had reached near-weapons-grade levels.
Despite bold declarations, many of the specifics outlined by the president appear to remain under negotiation, with key provisions not yet formally confirmed by Iran or other parties. Some elements he described are expected to be addressed in future talks rather than finalized in the current framework agreement.
The announcement already drawn comparisons to 2015 nuclear accord, which Trump sharply criticized, insisting his approach delivers stronger safeguards and more decisive enforcement.
World leaders are cautiously welcomed prospect of a deal, calling it a potential step toward regional stability and economic relief, particularly for global energy markets. However, they stressed that the agreement remains incomplete and must still be fully negotiated and implemented.
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