Iran-US ceasefire extended for another 60 days

But Iran has not yet formally confirmed the agreement. On the US side, Vice President J.D. Vance has announced that the agreement has been reached.

Jestha 15, 2083

Iran-US ceasefire extended for another 60 days

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US and Iranian negotiators have reached a tentative agreement to extend a 60-day ceasefire in the three-month-old war and begin a new round of talks on Iran's nuclear program. 

But Iran has not yet formally confirmed the agreement. Vice President JD Vance said on the US side that the agreement has been reached. However, it is not yet clear whether President Donald Trump will approve it. According to him, discussions are ongoing on some technical and linguistic points and the final agreement has not yet been finalized.

The agreement also includes provisions related to the Strait of Hormuz. The proposal includes a provision that Iran will not be able to use its right to charge tolls in the strategic waterway and that all mines placed there must be removed within 30 days. The official spoke on condition of anonymity because he was not authorized to speak publicly. After Iran effectively closed the waterway during the war, about a fifth of the oil and gas used in world trade was affected.

Meanwhile, the US is preparing to gradually lift naval pressure on Iranian ports and ease sanctions, allowing Iran to sell more oil. US Treasury Secretary Scott Besant has said that oil prices could fall quickly once the deal is finalized. However, the US has also imposed additional sanctions related to Iranian oil sales, which appear to be expanding the economic pressure campaign.

Although Iran claims to have allowed some commercial ships to pass, the average daily ship traffic this month has fallen significantly compared to before the war. Meanwhile, the Islamic Republic is also accused of collecting tolls from some ships and a new formal monitoring body has been established in this regard.

The main sensitive issue in the deal is said to be Iran's highly enriched uranium stockpile. According to the International Atomic Energy Agency, Iran has 440.9 kilograms of uranium, which is enriched to 60 percent, which is just below the technical limit of weapons-grade 90 percent. Negotiators are reportedly trying to reach a preliminary agreement on the future of the stockpile, the details of which are expected to be determined in the upcoming talks.

Vice President Vance said that the issues related to nuclear material, enriched stockpile and enrichment processes are still under discussion, and that efforts are being made to find a solution that will have a long-term impact. However, Iran has not yet publicly committed to completely giving up its uranium stockpile. Some analysts have indicated that the option of handing over the stockpile to a third party such as China or Russia may be discussed. However, US President Trump has made it clear that such a plan will not be easy.

Since then, Iran has reiterated its position that the talks should also include stopping Israeli military operations in Lebanon. Meanwhile, tensions have increased after attacks in and around the Lebanese capital Beirut, in which at least 14 people have been killed.

As the regional security situation becomes more complicated, Kuwait said its air defenses have intercepted missiles and drones launched from Iran. Kuwait's Foreign Ministry condemned the attack as a clear attack, while the US Central Command described it as a serious ceasefire violation.

According to US officials, Iran has taken further action in recent days. This includes shooting down drones and attacking some military installations. Iran said it carried out retaliatory strikes through its Revolutionary Guards. However, it did not provide a clear definition of its target.

Details of the tentative agreement were first published by the news agency Axios. However, the two sides are continuing to negotiate in a state of partial agreement and partial disagreement. According to US Vice President Vance, although the ceasefire is not fully stable, it is "largely holding" and talks are continuing.

Later on Thursday, Iran's defense system claimed to have destroyed a "hostile aircraft" near the southern city of Jam. According to local officials, regional tensions remain high, although further details about the incident were not immediately available.

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