According to reports from Israel's Channel 12 television, a one-month ceasefire between the United States and Iran is being planned as part of ongoing diplomatic contacts. The ceasefire framework is reportedly being worked on by US officials Steve Witkoff and Jared Kushner.
The proposed agreement is part of a broader 15-point draft plan, details of which have been leaked to regional media. The draft stipulates the complete elimination of Iran's current nuclear capabilities and a permanent abandonment of its pursuit of nuclear weapons. Key points include the cessation of all nuclear enrichment activities on Iranian soil, the surrender of enriched uranium to the International Atomic Energy Agency (IAEA), and the decommissioning and destruction of critical nuclear facilities such as Natanz, Isfahan, and Fordow.
Furthermore, Iran must provide the IAEA with full access to all information and facilities, abandon its proxy force strategy in the region, and cease funding and arms support to militia groups. The plan also emphasizes maintaining the uninterrupted openness of the Strait of Hormuz as crucial for regional security. The agreement reportedly plans to postpone a final decision on Iran's ballistic missile program, allowing existing systems for defensive purposes only.
In return, incentives for Iran include the lifting of all sanctions and support for developing a civilian nuclear program in Bushehr, with the plan automatically eliminating the threat of sanctions being reimposed.
The market impact was immediate. The news was felt most sharply in the oil market, with Brent Crude dropping roughly 4% from $104 to below $100 within minutes. In the cryptocurrency market, Bitcoin, which had been trading down throughout the day near $69,000, quickly popped back above the $70,000 level following the report.
