Friday, June 12, 2026

US and Iran Approach Final Stage of Ceasefire Negotiations

US and Iran Approach Final Stage of Ceasefire Negotiations

Iranian Foreign Minister Abbas Araghchi has said that a deal to permanently end the conflict between Iran and the United States is now closer than at any point since the war began.

Speaking on Iranian state media and posting on social media platform X, Araghchi described ongoing negotiations as making significant progress, though he stressed that no final agreement has yet been signed.

According to Iranian officials, the proposed arrangement would be implemented in two phases. The first phase would involve a memorandum of understanding aimed at halting military operations, including Israeli attacks in Lebanon, while both sides commit to avoiding new hostilities.

The second phase would focus on more complex issues, including Iran's nuclear programme, the removal of economic sanctions, and the release of frozen Iranian assets. Araghchi also said discussions would address the future management of the Strait of Hormuz, a critical global shipping route.

Iran's parliamentary speaker and chief negotiator, Mohammad Bagher Ghalibaf, suggested that both sides must honour any commitments reached, posting a message that emphasized the importance of trust and implementation.

Meanwhile, a senior US official said negotiations were "very close" to completion but cautioned that several issues still need to be resolved. The official stated that sanctions relief and access to frozen funds would depend on Iran fulfilling its obligations under the agreement.

US officials maintain that Iran would need to dismantle its nuclear programme and surrender nuclear materials before receiving major economic benefits. They also insist that the Strait of Hormuz remain open to international shipping.

The latest diplomatic efforts follow renewed tensions earlier this week, when both countries exchanged military strikes despite a temporary reduction in hostilities. However, US President Donald Trump has expressed optimism that a formal agreement could be reached soon.

Analysts say any final deal will still require approval from several powerful institutions inside Iran, including military leaders, parliament, and ultimately Supreme Leader Ali Khamenei.

If approved, the agreement could mark a major step toward ending months of conflict and easing tensions across the Middle East.

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