Iran-US Peace Deal on Brink of Being Finalized Amid Ongoing Negotiations

US-Iran war news highlights: President Donald Trump on Sunday that he has told his diplomatic representatives not to rush into a deal with Iran because “time is on our side.” This comes less than a day after announcing that an agreement with Tehran had been largely negotiated. | World News

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Iranian President Masoud Pezeshkian has reiterated the country's commitment to diplomacy and regional stability amid talks with the US to achieve a complete solution to the crisis in the West Asia region.

Israeli Prime Minister Benjamin Netanyahu has said that any final deal with Iran must fully end the Islamic republic's 'nuclear threat', while US President Donald Trump has told his diplomatic representatives not to rush into a deal with Iran.

Negotiators are nearing a settlement that would add a 60-day ceasefire extension to the war and allow the Strait of Hormuz to reopen, with Iran setting a two-month timeline for nuclear talks.

The US proposes lifting the blockade on Iranian ports, offering sanctions waivers, negotiating sanctions relief, and supporting the reopening of the Strait of Hormuz, while Iran proposes clearing mines, committing to never pursuing nuclear weapons, and negotiating the removal of its stockpile of highly enriched uranium.

A deal 'largely negotiated', says Trump, with an announcement expected shortly, amid efforts from Pakistan to broker a negotiation that could potentially calm markets and pave the way for the Strait of Hormuz to open.