A ceasefire for a period of one month will be announced according to a mechanism that Witkoff and Kushner are working on, according to Al Arabiya citing Israeli Channel 12
- The US mechanism aims at a month-long ceasefire
- The agreement with Iran is very similar to the understandings in Gaza and Lebanon
- A 15-point agreement will be negotiated during the month of a possible ceasefire.
- The 15 Clauses of the Agreement with Iran (Via Al Hadath on X)
- Automatically cancel the threat of reimposition of sanctions
- Dismantling Iran's Existing Nuclear Capabilities
- Agreement with Iran... Iran vows to "never seek" nuclear weapons
- Preventing the enrichment of any nuclear material on Iranian territory
- Delivery of enriched uranium to IAEA
- Decommissioning and destroying the sites of Natanz, Isfahan and Fordow
- Grant the IAEA full access to all information
- Iran abandons 'proxies' approach
- Stopping funding and arming militias in the region
- Keeping the Strait of Hormuz open without any closure
- Postponement of decision on ballistic missile program
- Ballistic missiles are only used for defense
- Lifting all sanctions on Iran
- Support for the development of a civilian nuclear program in Bushehr
- Providing support for the development of a civilian nuclear program in Bushehr
Context
A proposed ceasefire agreement involving Iran could significantly alter geopolitical dynamics across the Middle East. If successful, this agreement—which reportedly includes key nuclear stipulations—might reduce tensions and improve energy market sentiment, potentially impacting commodities like oil and safe-havens such as gold. Watch for market responses particularly in energy and currency markets such as the USD and JPY.
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