US and Iran reportedly reach draft peace agreement, major announcement expected within 24 hours

According to reports published by an American newspaper, an official announcement regarding the historic agreement is expected within the next 24 hours. Sources familiar with the negotiations stated that both sides reached a consensus on the preliminary draft early Saturday morning, after which the document was forwarded to the senior leadership of both countries for final approval.

The reported talks involved several high-profile political figures, including Iranian Parliament Speaker Mohammad Bagher Ghalibaf, U.S. Vice President JD Vance, special envoy Steve Witkoff, and Jared Kushner, son-in-law of U.S. President Donald Trump.

If finalized successfully, the agreement could transform the recent ceasefire and weeks of uncertainty into a more permanent peace arrangement between the two nations. Political observers believe the development may have far-reaching implications for stability across the Middle East.

However, analysts caution that several sensitive issues are still under discussion. These include the future of Iran’s nuclear program, possible relief from economic sanctions, and broader regional security arrangements.

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Another key issue yet to be fully resolved is the reopening mechanism for the Strait of Hormuz, one of the world’s most strategically important oil shipping routes. Any disruption in the waterway has major implications for global energy markets and international trade.

Experts say the potential agreement could reshape diplomatic and economic dynamics in the region, though its long-term success will depend on practical implementation and mutual trust between Washington and Tehran.