US Prepares Phased Incentives for Iran
A senior US administration official stated that the text of the peace deal with Iran has made substantial progress and is considered capable of meeting Washington's primary objectives. The deal is said to reopen the Strait of Hormuz, regulate the transfer of enriched nuclear material, and include an inspection regime to ensure Iran does not develop nuclear weapons.
According to the official, the US hopes to sign the agreement in the next few days. However, the process is not yet fully complete. Washington says the deal has a text that both parties are happy with, but it still requires finalization and approximately 60 days of technical negotiations to finalize implementation details.
The structure of the deal appears to be performance-based. Iran will not receive immediate benefits simply by signing the agreement. Economic incentives, including sanctions relief and the lifting of the US blockade, will be provided gradually if Tehran fully implements its commitments, including the opening of Hormuz and the removal or destruction of enriched nuclear material.
The deal is also said to include dismantling Iran's nuclear program and an inspection mechanism. US officials emphasized that the agreement is the first step toward ensuring Iran does not acquire a nuclear weapon. However, Washington acknowledged that the main challenge remains enforcement, particularly given the high level of mistrust between the two sides.
From a regional political perspective, the US expressed confidence that Israel would ultimately accept the agreement after reviewing all the details. The official also acknowledged that some in Iran dislike the terms of the agreement, but assessed that the rejection was relatively limited. The signing location has not yet been decided, although Europe has been discussed as an option.
For global markets, the most important point is the reopening of the Strait of Hormuz and the lifting of the blockade. If implemented, the risk of energy supply disruptions could decrease, potentially causing oil prices to lose their geopolitical premium. The transmission channels would extend to inflation, interest rate expectations, the US dollar, gold, and risk assets. However, the market still needs to wait for the official signing and evidence of implementation on the ground before considering the risks to have fully subsided. (arl)
Source: Newsmaker.id
