Iran announced a 10-point plan to end the conflict with the US, demanding Washington accept its uranium enrichment program. The plan explicitly requires the lifting of all primary and secondary sanctions. Furthermore, Iran insists on maintaining continued control over the Strait of Hormuz.
US President Trump announced a two-week suspension of threats to bomb Iranian energy infrastructure following talks with Pakistan. This is conditional on Iran reopening the Strait of Hormuz, as both sides discuss a conditional ceasefire. Iran submitted a ten-point proposal that includes the condition of continuing uranium enrichment.
President Trump announced a two-week ceasefire and the reopening of the Strait of Hormuz after Iran submitted a 10-point peace plan. Iran's proposal demands sanctions relief and recognition of its uranium enrichment rights. Following this announcement, WTI crude oil prices plunged significantly, impacting the market.