Details of the US-Iran ceasefire agreement revealed: Iran abandons nuclear ambitions in exchange for sanctions relief and asset thawing

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According to a report by Reuters, the United States and Iran have now received a plan framework aimed at ending hostilities. Just a day earlier, U.S. President Trump had threatened that if Iran refused to reach an agreement, it would make Iran experience “hell on earth.” However, Iran has clearly stated that, as part of a temporary ceasefire agreement, the country will never reopen the Strait of Hormuz.

The peace plan includes a “two-step” strategy: first implement an immediate ceasefire, then finalize a comprehensive agreement. A person familiar with the proposal disclosed on Monday that Pakistan’s Army Chief of Staff, Asim Munir, has held “all-night long” talks with U.S. Vice President Vance, special envoy Witkoff, and Iran’s Foreign Minister Aragchi.

According to people familiar with the matter, the final proposal for a U.S.-Iran ceasefire agreement would include Iran giving up nuclear weapons in exchange for sanctions relief and the release of frozen assets. A plan to end hostilities in the Middle East must be agreed upon by Monday. If an agreement is reached, the plan will facilitate an immediate ceasefire, reopen the Strait of Hormuz, and reach a final agreement within 15 to 20 days.

On Monday, a senior Iranian official told Reuters that they had received the latest ceasefire proposal from the mediator Pakistan and are currently reviewing its contents. The official insisted that Iran will not use reopening the strait as a bargaining chip for a temporary ceasefire, and added that upon careful review of the proposal, it will never accept any imposed ultimatum. Iran believes the United States is not yet ready to achieve a permanent ceasefire.

Axios reported first on Sunday that, according to people familiar in the United States, Israel, and the Middle East, the United States, Iran, and the regional mediators are in intensive discussions over a potential 45-day ceasefire agreement. This is also part of a larger two-phase agreement, which is expected to ultimately bring a permanent end to the war.

In a profanity-laden post published on Sunday on the Truth Social platform, Trump issued a tough warning: if Iran fails to reach an agreement by Tuesday and reopen the strait, he will launch further strikes against Iran’s energy and transportation infrastructure.

On Monday, reports again spread across multiple parts of the Middle East about a new round of airstrikes. Since the United States and Israel began their relentless bombardment of Iran, this war has already lasted for more than five and a half weeks. It has not only taken the lives of thousands of people, but has also dealt a major blow to the global economy by driving up international oil prices.

In retaliation for these attacks, Iran took thunderous countermeasures: it effectively blocked the Strait of Hormuz—this vital shipping route that accounts for about one-fifth of the world’s oil and gas supply—while directing its firepower at Israel, U.S. military bases, and energy infrastructure around the Gulf.

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