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Iran-US reach agreement on extended ceasefire and opening of Hormuz, awaiting leader approval

Iran-US reach agreement on extended ceasefire and opening of Hormuz, awaiting leader approval

MGR Online•International•1d ago

Reader Briefing

The US and Iran have reportedly reached a tentative agreement to extend a ceasefire and ease restrictions on the Strait of Hormuz, pending final approval from their respective leaders.

  • •The US and Iran have reportedly agreed to a 60-day ceasefire extension and the lifting of certain restrictions on passage through the Strait of Hormuz.
  • •The agreement requires final approval from both President Donald Trump and Iranian leadership.
  • •The news comes amid ongoing retaliatory strikes between the two nations and follows weeks of negotiations on various complex issues, including Iran's nuclear program.
  • •Market reactions saw oil prices fall on the prospect of the Strait of Hormuz reopening.

Overview

  • •On Thursday, May 28, the US and Iran reportedly reached an agreement.
  • •The agreement to extend the ceasefire period by 60 days and lift restrictions on passage through the Strait of Hormuz is awaiting final approval from leaders.
  • •This potential breakthrough follows a series of escalating retaliatory attacks between the US and Iran.
  • •The agreement aims to normalize transit through the Strait of Hormuz and lift US sanctions on Iranian ports.
  • •Oil prices dropped due to hopes for the reopening of the Strait of Hormuz, a vital route for oil and natural gas transport, accounting for 20% of global supply.
  • •Sources close to the issue stated that Trump has not yet approved the agreement.
  • •Iranian media has reported that the draft agreement is not final and cannot be confirmed.
  • •The agreement requires the endorsement of President Donald Trump and the Iranian leadership to be finalized.

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Key Quotes

Source close to the issue
""Trump has not yet approved the agreement.""
"ทรัมป์ยังไม่ได้อนุมัติข้อตกลง"
Tasnim News Agency
"The draft agreement is not final and cannot be confirmed."
ร่างข้อตกลงยังไม่ได้ข้อสรุปสุดท้ายและยังไม่อาจยืนยันในเรื่องนี้
Iranian Revolutionary Guard Corps
"Any further attacks will result in 'even more decisive self-defense'."
การถูกโจมตีซ้ำใดๆ จะนำมาซึ่ง "การป้องกันตนเองเด็ดเดี่ยวกว่าเดิม"

Key Entities

Place

Iran(อิหร่าน)ℹ️
A nation involved in a reported ceasefire and passage agreement with the US.
United States(US)ℹ️
A nation involved in a reported ceasefire and passage agreement with Iran.
Strait of Hormuz(ช่องแคบฮอร์มุซ)ℹ️
A strategically important waterway where transit restrictions are reportedly being eased by Iran and the US.
Bandar Abbas(บันดาร์ อับบาส)ℹ️
An Iranian port city where US forces reportedly targeted a control station.
Pakistan(ปากีสถาน)ℹ️
A country acting as a mediator, with its Foreign Minister scheduled to meet the US Secretary of State.
Israel(อิสราเอล)ℹ️
A US ally mentioned in the context of Iran's conditions for a peace agreement, with reported attacks in Lebanon.
Lebanon(เลบานอน)ℹ️
A country where Israel has been conducting operations against Hezbollah, which Iran supports.
Tyre(ไทร์)ℹ️
A city in southern Lebanon where Israel claims to have targeted Hezbollah infrastructure.
Oman(โอมาน)ℹ️
A country warned by the US against interfering with Iran's attempts to charge passage fees through the Strait of Hormuz.

Person

Donald Trump(โดนัลด์ ทรัมป์)ℹ️
The President of the United States, whose approval is required for a reported agreement with Iran.
Ishaq Dar(อิสฮัก ดาร์)ℹ️
Foreign Minister of Pakistan, scheduled to meet with the US Secretary of State.
Marco Rubio(มาร์โก รูบิโอ)ℹ️
US Secretary of State, scheduled to meet with Pakistan's Foreign Minister.
Scott Bassett(สกอตต์ เบสเซนต์)
US Treasury Secretary who stated Oman has no plans to collect transit fees through the Strait of Hormuz.

Organization

Reuters(รอยเตอร์ส)ℹ️
News agency that reported on the potential US-Iran agreement.
Tasnim(ทาสนิม)ℹ️
Iranian news agency that reported the draft agreement is not final.
Axiosℹ️
US news website that first reported on the potential US-Iran agreement.
US Central Command(กองบัญชาการกลางสหรัฐฯ)ℹ️
US military command that reported shooting down Iranian drones.
Kuwaiti forces(กองกำลังคูเวต)
Forces that intercepted a missile launched towards Kuwait.
Hezbollah(ฮิซบอลเลาะห์)ℹ️
An Iran-backed group in Lebanon that Israel is targeting.