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"U.S., Iran Discuss Sanctions Relief in Exchange for Abandoning Nuclear Program… Ceasefire Draft Emerges"

Minseung Kang

Summary

It said the ceasefire draft between the United States and Iran includes Iran’s abandonment of nuclear weapons, along with the U.S. lifting of sanctions and the release of frozen assets.
It reported that if an agreement is reached, an immediate ceasefire and the reopening of the Strait of Hormuz are expected.
It said analysts see that if the talks materialize, reduced Middle East-driven geopolitical risk could affect the oil market and volatility in global financial markets.

As ceasefire talks between the United States and Iran take shape, the proposal is said to include a trade-off in which Iran gives up nuclear weapons in return for sanctions relief.

According to Odaily, a cryptocurrency-focused media outlet, on the 6th, multiple well-placed sources said the final ceasefire draft includes Iran’s abandonment of nuclear weapons, the lifting of U.S. sanctions, and the release of frozen assets.

The plan is described as a comprehensive agreement to end hostilities in the Middle East, with both sides reportedly aiming to reach agreement on key terms by the 7th (local time).

If a deal is reached, an immediate ceasefire is expected, and the Strait of Hormuz—a critical artery for global energy shipments—is likely to reopen. A final agreement could then be reached within 15–20 days.

Markets are assessing that if the talks materialize, easing Middle East-driven geopolitical risk could also affect the oil market and volatility in global financial markets.