US president said to be weighing proposed deal as fragile ceasefire holds after renewed strikes and Iranian retaliation

A tentative agreement has been reached in the ongoing negotiations with Iran, US sources confirmed, though they stressed that the deal has not yet been finalised and remains subject to formal approval by US President Donald Trump.

Earlier, Axios reported that Trump has asked for a couple of days to consider the proposal before making a decision.

In immediate retaliation, Iran’s Revolutionary Guards fired a ballistic missile targeting a US military base in Kuwait.

The proposed framework, negotiated with mediation involving Pakistan and, to a lesser extent, Oman and Qatar, focuses on restoring free commercial shipping through the Strait of Hormuz.

In return, Iran would end vessel harassment, remove naval mines and dismantle its transit toll system, while the US would gradually ease its naval blockade.

Source: News - South China Morning Post