The United States and Iran are currently discussing an initial agreement draft for the end of the war, with key issues such as the normalization of the Hormuz Strait passage, limitations on Iran's nuclear program, and sanctions relief being discussed. Both sides are seeking a compromise approach to de-escalate military tensions while maintaining negotiating power, planning a 30-day follow-up negotiation. This agreement could be a significant turning point for regional stability in the Middle East and could also impact the global energy market.