US and Iran reach preliminary agreement to reopen Strait of Hormuz

Preliminary U.S.-Iran Agreement Could Reopen Strait of Hormuz, Launch 60-Day Nuclear Talks

Preliminary U.S.-Iran deal aims to reopen the Strait of Hormuz and start 60 days of nuclear talks, as the White House delays signing awaiting Tehran’s approval.

The United States and Iran have reached a preliminary agreement that would reopen the Strait of Hormuz to unrestricted navigation and initiate a new 60-day round of nuclear negotiations, U.S. officials told media outlets. The draft appears largely complete, but President Donald Trump has told aides he will pause for several days before deciding whether to sign, creating a brief period of diplomatic suspense. Market and military developments have already reacted to the reports, underscoring the strategic weight of any accord affecting this vital waterway.

Agreement Would Immediately Lift Restrictions on Shipping

A senior U.S. source described the core of the draft as an immediate restoration of unimpeded maritime traffic through the Strait of Hormuz. Under the proposed terms, vessels would be allowed to pass without transit fees or new restrictions, reversing measures that had choked commercial movement during recent clashes. The restoration of normal navigation is framed by U.S. officials as the key early deliverable intended to reduce tensions and restore regional trade flows.

White House Deliberations and Signature Delay

White House officials say President Trump has been briefed but is opting to wait several days before signing the draft document, citing the need for further assurance. Vice President J.D. Vance acknowledged that “some linguistic and drafting points” remain under negotiation, signalling that minor wording could still alter implementation mechanics. U.S. sources added that a definitive signature may be conditioned on explicit confirmation from Iran’s highest authorities, heightening the political prerequisites for the plan.

Key Terms: Mine Clearance and Phased Lifting of Blockade

The draft sets a 30-day timeline for Iran to clear mines and other explosive hazards from the Strait of Hormuz, a measure intended to make shipping safe for commercial traffic. That obligation is coupled with a phased U.S. easing of its maritime blockade on Iranian ports, designed to create reciprocal incentives for compliance and to reduce the risk of renewed incidents at sea.

The agreement also envisages that the reopening of the waterway will be synchronous with verification steps and monitoring mechanisms to ensure clearance is complete. Officials described parallel technical arrangements to track compliance, although they did not release details of inspection regimes or which international partners would be involved.

Draft Triggers 60-Day Nuclear Negotiation Window

One central element of the proposal is the launch of 60 days of diplomatic talks focused on Iran’s nuclear program, which U.S. sources say would follow the immediate confidence-building measures at sea. The temporary halt to hostilities during that period is intended to create space for more substantive, longer-term negotiations. U.S. officials indicated the 60-day window could be extended if progress is substantial, but stressed that the initial timeline is designed to force clarity on both sides’ commitments.

Naval Incidents Continue Despite Diplomatic Progress

Despite the reported diplomatic agreement, Iranian Revolutionary Guard naval forces announced they fired warning shots toward four vessels near the Strait of Hormuz, accusing those ships of attempting to transit without coordination. The incident underscores how fragile security on the water remains, and shows that operational control and deconfliction will be essential even if the draft is approved. International maritime authorities and commercial operators will be watching whether such incidents decline once mine clearance and other measures begin.

Oil Market Response and Regional Economic Impact

Global oil prices eased following media reports of the preliminary deal as traders priced in the potential for reduced supply risks linked to safer shipping through the Strait of Hormuz. Analysts warned, however, that market reactions could be volatile until formal endorsement and verified implementation are complete. For Gulf economies and international shippers, a sustained reopening would relieve a major chokepoint that has raised insurance costs and shipping delays in recent months.

Next Steps, Verification and International Roles

Officials in Washington said the next immediate step is to secure clear approval from Tehran’s senior leadership and to finalize the remaining drafting nuances identified by the White House. If Iran’s supreme authority ratifies the plan, Washington and Tehran would move to operationalize mine clearance, set up verification teams, and begin the formal 60-day talks. International partners, including regional navies and maritime agencies, are likely to be asked to support monitoring and to provide technical assistance for clearing hazards and verifying compliance.

The proposal carries risks: any perceived non-compliance could prompt rapid re-escalation at sea, and the political calculus in both capitals could shift during the short period before signatures are exchanged. Still, diplomats noted that the combination of immediate maritime confidence-building and a time-bound negotiation process is a pragmatic approach to reduce acute dangers while testing whether broader nuclear dialogues can resume.

If ratified and implemented, the draft would mark a rare de-escalatory step with direct consequences for traffic through the Strait of Hormuz and for wider regional stability, but officials caution that final outcomes will depend on fast-moving political decisions and rigorous on-the-ground verification.

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