Draft agreement signals possible end to US-Iran conflict, Hormuz reopening on table

Rashmi Pandey — Wed, 06 May 2026 12:35:33 +0000

Pakistani sources have indicated that a draft agreement aimed at ending the ongoing conflict between the United States and Iran has been prepared, with most of its clauses reportedly approved by both sides.

According to the sources, “we have a draft agreement, the majority of whose clauses have the approval of both parties,” signaling potential progress in efforts to de-escalate tensions after weeks of conflict that have disrupted regional stability and global energy flows.

The draft agreement reportedly includes provisions for a complete end to the war, alongside a structured roadmap for future negotiations. It also outlines a timetable for upcoming rounds of talks, suggesting that both sides may be moving toward a phased diplomatic resolution.

A key component of the proposed framework is the reopening of the strategically significant Strait of Hormuz to international navigation. The waterway, which serves as a critical route for global oil shipments, has faced disruptions during the conflict, raising concerns across international markets and the shipping industry.

In addition, the draft agreement sets a timeline for ending all hostile actions, indicating an effort to establish a clear path toward de-escalation. The inclusion of such measures points to attempts to stabilize the situation while allowing space for continued diplomatic engagement.

Despite these developments, there has been no official confirmation from either Washington or Tehran regarding the draft agreement. Both sides have maintained cautious positions in recent statements, with negotiations continuing through indirect channels.

The reported progress comes amid heightened international attention, with several countries encouraging a peaceful resolution to the conflict. The potential reopening of the Strait of Hormuz and cessation of hostilities are seen as critical steps toward restoring stability in global energy markets.

However, the situation remains fluid, and it is unclear when or if the draft agreement will be formally finalized. Officials have previously indicated that key issues, including security arrangements and broader strategic concerns, still need to be addressed.

For now, the emergence of a draft agreement suggests a possible pathway toward de-escalation, even as uncertainties persist over its implementation and final approval.

war resolution | Business Upturn

Draft agreement signals possible end to US-Iran conflict, Hormuz reopening on table