World News

US-Iran peace deal may take six months

Gulf states believe Iran is trying to build a nuclear weapon and are seeking a deal that would ban Tehran from enriching uranium.

By Vered Weiss, World Israel News

Middle East and European officials told Bloomberg that a ceasefire between Iran and the United States may take up to six months to reach, as leaders push both sides to extend their current truce to allow time for negotiations centered on the Strait of Hormuz.

Officials from the regions said efforts are underway to prolong the ceasefire to cover a negotiating window, with Washington and Tehran currently weighing a two-week extension of their truce, which ends Tuesday. Key issues remain unresolved.

Gulf states believe Iran is trying to build a nuclear weapon and are seeking a deal that would ban Tehran from enriching uranium or possessing long-range ballistic missiles.

The insistence on continuing uranium enrichment, which Iran says is for energy purposes, was a main reason talks last weekend in Islamabad fell apart, according to President Donald Trump.

According to Reuters, the United States has modified its demands for a comprehensive peace deal and is now pursuing a temporary memorandum aimed at preventing a return to conflict.

Iran, meanwhile, is reportedly seeking relief from some sanctions in exchange for reopening the Strait of Hormuz.

The United Arab Emirates has also called for broader security guarantees. When the ceasefire was announced, the UAE foreign ministry emphasized the need for “a comprehensive and sustained approach that addresses Iran’s full range of threats, including its nuclear capabilities, ballistic missiles, drones, military capabilities, and affiliated proxies and terrorist groups, while ending threats to freedom of navigation, as well as economic warfare and piracy in the Strait of Hormuz.”

The Strait of Hormuz has emerged as a central issue in negotiations, with officials stressing that reopening the vital shipping route should be a core component of any agreement.

Economic pressures are mounting alongside diplomatic efforts. Brent crude has risen about 3.5% to more than $98 a barrel, with oil prices up 35% since the conflict began in late February. Gulf economies have been unable to export normal levels of oil, liquefied natural gas, aluminum and fertilizers.

Share
Published by
Miriam Metzinger
Tags: Ceasefire peace talks US-Iran War

Recent Posts

  • World News

US, Houthis hold Oman talks as terror group says it won’t target American, Israeli vessels

Washington and the Houthis have previously negotiated despite the group’s designation by the United States…

42 minutes ago
  • Videos

WATCH: Additional footage from IDF raids on Ali Taher Ridge

The IDF has published new footage from raids inside Ali al-Taher Ridge in southern Lebanon,…

2 hours ago
  • Israel News

Houthi attacks have rendered Eilat Port unprofitable, operator says

Since the launch of the U.S.-Israeli military operation in Iran on Feb. 28, the port…

2 hours ago
  • World News

US court records capture Gazan terrorist laughing during Oct. 7 massacre

Prosecutors say the calls support their allegation that al-Muhtadi directly participated in the Hamas-led assault.

2 hours ago
  • Videos

WATCH: Houthi forces shoot down Saudi F-15 fighter jet

In a dramatic escalation of hostilities between the Houthis of Yemen and Saudi Arabia, an…

3 hours ago
  • World News

South Florida Democrat Moskowitz airs campaign ad targeting antisemitism with concentration camp footage

Moskowitz’s team emphasized the 'deeply personal' nature of the congressman’s battle against antisemitism in a…

3 hours ago