The United States and Iran were given the framework of a peace proposal to end hostilities in the Middle East, but Tehran immediately rejected reopening the Strait of Hormuz as a condition of a temporary ceasefire, the report said. Reuters this Monday (6).
The plan, according to a source familiar with the proposals heard by the agency, calls for a two-phase approach: an immediate ceasefire followed by a comprehensive agreement to be finalized in 15 to 20 days. Pakistan’s Army chief, Marshal Asim Munir, was in contact “all night” with American Vice President JD Vance, special envoy Steve Witkoff and Iranian Foreign Minister Abbas Araqchi, according to the same source.
A senior Iranian official told Reuters that the country will not reopen the strait as part of a temporary truce and will not accept deadlines while it considers the proposal. The official added that Washington shows no willingness for a permanent ceasefire.
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President Donald Trump had set a deadline for Tehran to reach an agreement and reopen the strait. In a post on Truth Social on Sunday, Trump threatened new attacks on Iranian energy and transport infrastructure if the deadline, which he stipulated as Tuesday at 9 pm (Brasília time), was not met. He also called a press conference scheduled for this Monday at 2 pm.
After publication, futures markets opened lower and oil rose.
O Axios had reported on Sunday, citing American, Israeli and regional sources, that the US, Iran and regional mediators were discussing a possible 45-day ceasefire as part of a two-phase agreement that could lead to a permanent end to the conflict.
Hostilities have been dragging on for more than five weeks, since the US and Israel began attacks against Iran, in a conflict that has killed thousands of people and put pressure on oil prices. In response, Iran effectively closed the Strait of Hormuz, through which about a fifth of the world’s oil and natural gas supplies pass, and attacked Israel, American military bases and energy infrastructure in the Gulf.
Anwar Gargash, advisor to the president of the United Arab Emirates, said any agreement must guarantee free access through the strait.
