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Iranian Foreign Minister Abbas Araghchi agreed overnight to a compromise proposal drafted by Qatari and U.S. mediators for reopening the Strait of Hormuz, two diplomats familiar with the negotiations reportedly told Israeli broadcaster N12.
Araghchi’s approval was one of the reasons U.S. President Donald Trump agreed to cancel a planned military strike against Iran, according to the report.
Under the proposed arrangement, vessels entering the Gulf through the Strait of Hormuz would travel through Iranian territorial waters.
Ships leaving the Gulf through the strait would use Omani territorial waters.
The diplomats said Oman had also agreed to the proposal.
However, Oman requested clarification from Iran on whether Araghchi’s approval also represented the position of the Islamic Revolutionary Guard Corps (IRGC).
Qatari mediators were continuing discussions with Iran to confirm that the Revolutionary Guards supported the understandings reached, N12 reported.
Trump said Sunday that he would hold off on a new military strike against Iran after the U.S. received a request from Iran and other Middle Eastern countries to allow time to finalize what he called the “perimeters of a deal.”
“The U.S.A. is locked and loaded and ready to go against the Islamic Republic of Iran, at levels of Military Terror, Strength, and Power not seen since World War II,” Trump wrote on Truth Social.
Trump said Iran and other regional countries had asked the U.S. to delay the attack because the framework of an agreement had been reached.
“Based on this request, I have agreed, for the future benefit of the World and, likewise, the survival of a successful and prosperous Iran, to cancel the attack, subject to being able to rapidly make a deal,” he said.
Trump said the proposed agreement would include the “Immediate, Complete, and Total” reopening of the Strait of Hormuz and an end to Iran’s nuclear threat.
He added that Israel had joined the U.S. commitment to allow the negotiations to proceed.
“Get to work, everybody, and get it done,” Trump said.
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