US-Iran Peace Deal: A Fragile Accord at the Edge of War
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Deal status: U.S. and Iranian officials have signalled that an agreement to end hostilities is close, with wording reportedly agreed and final details still fluid.
Core terms under discussion: reopening the Strait of Hormuz, phased sanctions relief, release of frozen Iranian assets, and a nuclear framework that includes limits on enrichment and possible dismantling of parts of Iran’s program.
Major pressure point: Iran insists on retaining some uranium enrichment capacity and wants sovereignty over the Strait of Hormuz, while Washington wants deeper restrictions and stronger verification.