Iran, US Receive Proposal for Immediate Ceasefire to End Hostilities – Source

Iran and the United States have received a new proposal aimed at ending ongoing hostilities, with provisions for an immediate ceasefire and a broader pathway toward long-term peace, according to sources familiar with the discussions.

The plan reportedly developed through mediation led by Pakistan outlines a two-phase framework, beginning with a rapid ceasefire agreement followed by negotiations for a comprehensive settlement.

Sources indicate that the initial phase could take effect almost immediately if both sides agree, potentially leading to the reopening of the strategically vital Strait of Hormuz, a key global oil transit route.

Under the proposal, both countries would first sign a memorandum of understanding to halt fighting, while a second phase would address more complex issues such as sanctions relief, release of frozen assets, and Iran’s nuclear programme in exchange for long-term security guarantees.

The push for a ceasefire comes amid intense diplomatic activity involving multiple mediators, including Pakistan and other regional actors, as fears grow over a wider Middle East escalation and its impact on global energy markets.

However, uncertainty remains high. Iranian officials have reportedly acknowledged receiving the proposal but signalled reservations, particularly over conditions tied to reopening the Strait of Hormuz as part of a temporary truce.

The United States has also not formally confirmed acceptance of the plan, as negotiations continue under tight deadlines and mounting military pressure.

The development marks one of the most significant diplomatic efforts yet to halt the conflict, which has already heightened geopolitical tensions and disrupted global oil supplies.