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Iran, U.S. receive plan to end hostilities, immediate ceasefire; source says

Published by Global Banking & Finance Review

Posted on April 6, 2026

3 min read

· Last updated: April 6, 2026

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Iran, U.S. receive plan to end hostilities, immediate ceasefire; source says
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April 6 (Reuters) - Iran and the United States have received a plan to end hostilities that could come into effect on Monday and reopen the Strait of Hormuz, a source aware of the proposals said on

Iran and US Given Ceasefire Plan to Reopen Strait of Hormuz Amid Hostilities

Ceasefire Proposal and Diplomatic Efforts

Overview of the Ceasefire Plan

April 6 (Reuters) - Iran and the United States have received a plan to end hostilities that could come into effect on Monday and reopen the Strait of Hormuz, a source aware of the proposals said on Monday.

A framework to end hostilities has been put together by Pakistan and exchanged with Iran and the U.S. overnight, the source said, outlining a two-tier approach with an immediate ceasefire followed by a comprehensive agreement.

"All elements need to be agreed today," the source said, adding the initial understanding would be structured as a memorandum of understanding finalised electronically through Pakistan, the sole communication channel in the talks.

Details of the Proposed Agreement

Axios first reported on Sunday that the United States, Iran and regional mediators were discussing a potential 45-day ceasefire as part of a two-phase deal that could lead to a permanent end to the war, citing U.S., Israeli and regional sources.

The source told Reuters Pakistan's army chief, Field Marshal Asim Munir, has been in contact "all night long" with U.S. Vice President JD Vance, special envoy Steve Witkoff and Iranian Foreign Minister Abbas Araqchi.

Immediate Ceasefire and Regional Framework

Under the proposal, a ceasefire would take effect immediately, reopening the Strait of Hormuz, with 15–20 days to finalise a broader settlement. The deal, tentatively dubbed the "Islamabad Accord," would include a regional framework for the strait, with final in-person talks in Islamabad.

There was no immediate response from U.S. and Iranian officials. Pakistan's foreign office spokesperson Tahir Andrabi declined comment.

Iran's Position and International Mediation

Iranian officials have previously told Reuters that Tehran was seeking a permanent ceasefire with guarantees they will not be attacked again by the U.S. and Israel. They have said Iran has received messages from mediators including Pakistan, Turkey and Egypt.

The final agreement is expected to include Iranian commitments not to pursue nuclear weapons in exchange for sanctions relief and the release of frozen assets, the source said.

Challenges and Responses from Stakeholders

Two Pakistani sources said Iran has yet to commit despite intensified civilian and military outreach.

"Iran has not responded yet," one source said, adding proposals backed by Pakistan, China and the United States for a temporary ceasefire have drawn no commitment so far.

There was no immediate response from Chinese officials to requests for comment.

Geopolitical and Economic Implications

The latest diplomatic push comes amid escalating hostilities that have raised concerns over disruption to shipping through the Strait of Hormuz, a critical artery for global oil supplies.

U.S. President Donald Trump has in recent days publicly pressed for a rapid end to the conflict, warning of consequences if a ceasefire is not reached within a short timeframe.

The conflict has heightened volatility in energy markets, with traders closely watching any developments that could affect flows through the strait.

(Reporting by Reuters staff; Editing by Raju Gopalakrishnan)

Key Takeaways

  • The Islamabad Accord seeks an immediate ceasefire to restore maritime traffic through the strait, enabling 15–20 days of talks for a broader peace framework.
  • The plan, exchanged overnight between Pakistan, the U.S., and Iran, hinges on electronic agreement by all parties through Pakistan as the communication conduit.
  • Iran has yet to formally commit; mediators including Pakistan, Turkey, China, Egypt, and the U.S. are coordinating the initiative amid heightened tensions and oil-market volatility.

References

Frequently Asked Questions

What is the main proposal discussed between Iran and the US?
A two-tier ceasefire plan mediated by Pakistan, aiming for an immediate cessation of hostilities and reopening of the Strait of Hormuz, followed by negotiations for a permanent agreement.
Who is mediating the ceasefire talks between Iran and the US?
Pakistan is acting as the main mediator, with involvement from Pakistan’s army chief and communication channels with both the US and Iran.
What does the proposed 'Islamabad Accord' include?
The Islamabad Accord involves a ceasefire, reopening of the Strait of Hormuz, a 15–20 day negotiation period, and regional guarantees.
What are Iran’s demands in the negotiations?
Iran seeks a permanent ceasefire and guarantees against attacks from the US and Israel, along with sanctions relief and access to frozen assets.
How might the agreement impact global energy markets?
Resolving hostilities and reopening the Strait of Hormuz would reduce volatility and risk to critical global oil supply routes.

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