US, Iran Consider New Deal as Trump Faces Pressure to End War
The United States and Iran were reportedly reviewing a fresh proposal to end the war on Wednesday, as President Donald Trump faces mounting pressure to find a diplomatic exit from a conflict that has driven up energy prices and weighed on his political standing. The renewed talks come amid heightened volatility in global markets and growing concerns over prolonged instability in the Middle East.
Washington is said to have presented a one-page memorandum of understanding that would gradually reopen the Strait of Hormuz and lift the US blockade on Iranian ports. More detailed negotiations regarding Iran’s nuclear program would follow at a later stage. However, no formal agreement has been reached at this point.
The proposal follows a turbulent period after Trump suspended a short-lived US mission aimed at escorting commercial vessels through the Strait of Hormuz, a critical artery for global oil and gas flows. The urgency has also been compounded by an upcoming summit with Chinese President Xi Jinping, which was previously postponed due to the escalating Middle East conflict.
Domestically, political pressure is building as public dissatisfaction with the war grows ahead of the midterm elections. Rising gasoline prices have further strained sentiment, challenging earlier promises that energy costs would decline once the conflict subsides. Financial markets reacted cautiously, with stocks edging higher and oil prices retreating as investors assessed the prospects for a diplomatic breakthrough.
Iran is expected to deliver its response through mediator Pakistan in the coming days. Meanwhile, Israel has expressed concern over the potential deal. Prime Minister Benjamin Netanyahu’s government reiterated its commitment to maintain pressure on Iran until its nuclear, missile, and proxy militia programs are fully dismantled, while continuing consultations with US officials regarding the evolving situation.
Source : Newsmaker.id
