The Guardian reported on the 28th that U.S. President Donald Trump circulated a draft peace agreement to Israel and other allies to end the war with Iran.
The Guardian said the draft circulated by President Trump does not differ much from what has been discussed in the Middle East in recent days. The draft includes normalizing ship traffic in the Strait of Hormuz to prewar levels within 30 days, extending a cease-fire for 60 days, and then starting talks over Iran's nuclear program.
In the nuclear talks to follow, issues such as how to handle highly enriched uranium, halting further enrichment, and oversight by the International Atomic Energy Agency (IAEA) are expected to be discussed. A pledge by Iran not to develop nuclear weapons was also included.
According to the draft, the United States will lift sanctions and blockade measures against Iran and grant access to up to $12 billion of Iran's frozen assets. Earlier, Iran had demanded the release of $24 billion in frozen assets, and asked the United States to immediately release $12 billion of that amount.
The draft also includes a cease-fire plan between Israel and Hezbollah, the pro-Iran armed faction in Lebanon. The Guardian assessed, "The current deal is difficult for Israel to accept because it calls for a permanent cease-fire including Lebanon while deferring firm commitments on Iran's nuclear issue."
Earlier, U.S. outlet Axios also reported, citing government officials and others, that most of the terms of the agreement were finalized on the 26th, and that Iran's leadership approved it. However, Axios said Trump asked for "a few more days to think" and is delaying final approval.