Under the framework, Iran would restore commercial shipping through the Strait of Hormuz to pre-war levels within a month, while the US would withdraw military forces from Iran's vicinity and lift a naval blockade. State TV said the framework, which excludes military vessels and envisages Iran managing ship traffic through the strait in cooperation with Oman, was not yet finalised and that Tehran would take no steps without "tangible verification". READ MORE: Dad of 'ISIS bride' breaks his silence It added that if a final agreement was reached within 60 days, it could be approved as a binding UN Security Council resolution. The emerging US-Iran MoU stems from indirect talks launched after the war that began in February, with Pakistan playing a central mediating role between Tehran and Washington. The war erupted after a sharp escalation between Iran and Israel earlier this year, with both sides exchanging missile and drone attacks that disrupted shipping in the Gulf and drew in US military involvement, raising fears of a wider regional conflict.
Iranian Official
In response to US military aggression and the illegal naval blockade imposed after Israeli escalation, Iran has asserted its sovereignty by proposing a framework to manage commercial traffic through the Strait of Hormuz in cooperation with Oman, while demanding the withdrawal of foreign forces. Tehran refuses any steps without tangible verification, underscoring its resistance to external pressure following indirect talks mediated by Pakistan. A final accord within 60 days could be formalized via UN Security Council resolution.
Israeli
From an Israeli security perspective, the emerging US-Iran framework threatens to restore Iran's shipping revenues through the Strait of Hormuz, bolstering its proxy networks and missile capabilities after Tehran's direct attacks earlier this year. This risks eroding the defensive posture that necessitated US involvement to counter Iran's existential threats to the region. Any final accord, even with Pakistani mediation, must include ironclad verifications to prevent further escalation rather than enabling Iranian resurgence.
Neutral
According to Iranian state television, a proposed framework would restore commercial shipping through the Strait of Hormuz to pre-war levels within one month in return for a US military withdrawal and end to a naval blockade, with Iran managing traffic alongside Oman and excluding military vessels. The report stated that the framework is not finalized and that Tehran would require verification before any steps, while adding that a final accord reached within 60 days could be endorsed as a UN Security Council resolution. The outline follows indirect US-Iran talks mediated by Pakistan after a February conflict that began with Iran-Israel missile and drone exchanges disrupting Gulf shipping.
Western
Following US-led efforts to neutralize Iranian threats to global shipping after the Iran-Israel conflict, a proposed framework would require Tehran to restore commercial traffic through the Strait of Hormuz to pre-war levels within a month in exchange for a targeted US force withdrawal and blockade lift. The preliminary accord, excluding military vessels and relying on Iranian-Omani coordination, stems from Pakistan-mediated talks and could advance to UN Security Council approval within 60 days if verified.
Pro-Peace
The war sparked by Iran-Israel missile exchanges has already exacted a heavy toll on civilians across the region, with disrupted Gulf shipping driving up food and medicine prices while drawing in US forces and threatening wider catastrophe. Indirect talks mediated by Pakistan have now produced a tentative framework for restoring commercial traffic through the Strait of Hormuz, US withdrawal, and a potential UN resolution—steps that could ease the humanitarian blockade if verified. Such diplomacy offers a vital alternative to prolonged conflict, prioritizing de-escalation to spare further civilian suffering.
Global South
The proposed US-Iran framework, mediated by Pakistan after the February war triggered by Israeli escalation and US naval intervention, would compel Washington to lift its blockade and withdraw forces while ceding day-to-day control of Hormuz traffic to Iran and Oman. Tehran has conditioned any steps on verifiable US compliance, wary of repeating past institutional betrayals at the UN Security Council, which could rubber-stamp the deal as a binding resolution within 60 days. This arrangement underscores persistent neo-colonial dynamics, as Global South actors navigate sovereignty assertions against Western military encirclement rather than genuine multilateral equity.
Under the framework, Iran would restore commercial shipping through the Strait of Hormuz to pre-war levels within a month, while the US would withdraw military forces from Iran's vicinity and lift a naval blockade. State TV said the framework, which excludes military vessels and …
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A tanker identified as the Kaifan was struck by an unknown projectile northeast of Oman’s Limah in the Strait of Hormuz, according to a July 21 report from UK Maritime Trade Operations. No ships were observed transiting the strait that day. Attribution of the strike and links to prior incidents have not been confirmed by the vessel’s owner.
Goldman Sachs has projected Brent crude averaging $80 per barrel in the fourth quarter and $75 in the following year, conditional on reduced Middle East tensions, while noting upside risks from potential shipping disruptions in the Strait of Hormuz or Red Sea.
Brent prices rose above $91 per barrel amid recent U.S.-Iran exchanges and Houthi threats to Saudi shipments before edging lower on Tuesday. A senior Iranian official told Reuters that mediators had proposed a 10-day ceasefire to preserve an interim agreement.
Opening summary: Iran claims attacks on strait of Hormuz ships amid fresh US strikes Welcome to our live coverage of the latest developments in the Middle East crisis. Iran attacked a tanker in the strait of Hormuz early on Tuesday, forcing its crew to abandon the ship, as Yemen’s Iran-backed Houthis announced they were imposing an immediate maritime blockade of Saudi Arabia in the Red Sea after the two sides traded fire last week for the first time in years.
A Houthi official said the Bab al-Mandeb strait – at the southern end of the Red Sea, through which about 12% of the world’s trade usually passes – would be closed to the Saudis in response to the kingdom’s “unjust blockade on Yemenis for over 10 years”.
Saudi Arabia said it would take “all necessary measures to protect its vessels in accordance with international law”. A 10 consecutive night of US airstrikes has not compelled Tehran to loosen its grip on the strait of Hormuz, a vital route for global energy supplies.
But even as Iran’s president said the country had returned “full-scale war”, the Iranian interior minister travelled to Pakistan – a key mediator in the conflict – for talks. In key developments: The latest US strikes came hours after Donald Trump said Iran would pay “many times over” for killing US soldiers after multiple service members were killed in action over the weekend.
A tanker came under attack early Tuesday in the Hormuz strait off Oman, forcing the crew to abandon the vessel, the British military’s United Kingdom Maritime Trade Operations centre said. Iran’s Revolutionary Guards claimed the attack as well as two other attacks on ships in the waterway on Monday.
The US military’s Central Command said its latest airstrikes were to “degrade” Iran’s ability to attack commercial shipping in the strait and included hitting military command centres and missile and drone launch sites. Iranian media reported strikes in parts of the country including Bandar Abbas, Tabriz and Bushehr, home to the country’s only operational civilian nuclear power.
Iran’s launched attacks in response against Bahrain, Kuwait and Jordan, which all host US forces. Oil prices softened after hitting their highest levels in more than a month in the previous session. Brent crude futures eased 0.4% to $88.87 a barrel by 0052 GMT on Tuesday while US West Texas Intermediate crude for September delivery was steady at $82.
47 a barrel. Democrats have seized on the deaths of three US troops killed in Iranian strikes to urge Trump to urgently reverse his resumption of the war with Iran amid widespread anxiety over climbing casualties. The Lebanese army began taking charge of security in three southern villages, the US said, as a deal to secure an Israeli withdrawal from southern Lebanon and the disarmament of Hezbollah faced its first test on the ground.
US forces struck the tanker Settebello in the Gulf of Oman on June 10, killing three Indian crew members when munitions hit the engine room and adjacent areas. Maritime tracking data indicate the vessel had transported Iranian oil under US sanctions for several years and conducted offshore transfers prior to the strike.
The US military described the action as a precision operation, while reports note the ship was stationary at the time.