Washington and Tehran are reportedly close to a conditional agreement on reopening the Strait of Hormuz. However, the deal has not yet been fully signed, and negotiations on several critical issues are ongoing.
According to The New York Times, the core of the agreement is nearly ready. Sources indicate that approximately 95% of the document has been finalized. However, Iran's nuclear program and control over the Strait of Hormuz remain at the center of discussions.
The Strait of Hormuz is a strategically vital point for the global energy market, serving as a key route for oil and gas shipments. Consequently, any tension in this region can impact not only regional security but also global market prices and economic stability.
CBS News reports that Iranian officials are facing difficulties in communicating with the country's supreme leader, causing delays in responses. This is slowing down the negotiation process. Thus, while a technical agreement may be near, political decisions have not yet been fully finalized.
U.S. President Donald Trump stated he has instructed negotiators to work carefully rather than rushing the deal. He emphasized that the maritime blockade against Iran will remain in place until the memorandum is officially signed.
This position reflects Washington's cautious approach to the negotiation process. While the U.S. wants to reach an agreement, it aims to clearly define all risks and conditions before signing.
At the same time, Trump reiterated that Iran must never possess nuclear weapons. This statement implies that the nuclear program remains one of the most sensitive and decisive points of the agreement.
For Iran, the issue of the Strait of Hormuz is not only economic but also significant from a political and security perspective. Therefore, Tehran seeks to maintain its regional influence and strategic interests in any agreement.
Currently, the ongoing dialogue between the parties suggests that a deal is still possible. However, until the agreement is signed, it is difficult to assess the situation as fully stable, as every decision regarding the Strait of Hormuz carries immense geopolitical weight.
In short, the U.S. and Iran are nearing a conditional agreement to reopen the Strait of Hormuz. Most of the document is ready, but issues related to the nuclear program and control of the strait are still being negotiated. The maritime blockade will remain until the memorandum is signed. Even a single ambiguous statement here could shake the markets, which is why both sides are carefully weighing every word.
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