Tehran, June 12, 2026 (Agencies) — Iran’s state news agency IRNA reports that a draft ceasefire memorandum between Tehran and Washington, based on Iran’s earlier 14?point proposal, is close to completion but still awaits final approval from Iranian authorities.
The framework follows Iran’s two?stage plan: first, a complete end to hostilities across all fronts; second, 60 days of negotiations focused on the nuclear issue. According to IRNA, the United States accepted this structure early, though the text has undergone repeated revisions amid deep mistrust.
Iranian officials emphasize that every clause was negotiated to close loopholes and prevent violations, with third?party guarantees included to support implementation if signed.
The draft preserves Iran’s key red lines. Nuclear commitments remain unchanged, with enrichment continuing and uranium stockpiles retained until a final accord. Navigation in the Strait of Hormuz would return to normal after the war, but future management would remain solely between Iran and Oman, excluding US involvement. Fighting would end definitively on all fronts, including Lebanon. A phased mechanism would release frozen Iranian assets, with part expected to be unlocked immediately after signing. Compensation for damages from US and Israeli strikes would be negotiated during the 60?day talks, while sanctions relief is identified as a core issue in follow?up negotiations. Future talks would focus exclusively on Iran’s nuclear program, sanctions relief, and war compensation, with missiles and regional alliances excluded.
Washington has expressed cautious optimism about the draft but remains wary of Iran’s intentions. Negotiators welcomed the ceasefire framework and reopening of the Strait of Hormuz, yet President Trump has introduced new demands — including longer suspension of uranium enrichment and stricter conditions for asset release. This has slowed progress and fueled Iranian mistrust.
Israel has reacted with alarm, warning that the deal fails to address its core security concerns. Prime Minister Benjamin Netanyahu said President Trump assured him Israel’s right to defend itself would be preserved, but Israeli officials argue the framework leaves Iran’s nuclear infrastructure intact and restricts Israel’s military freedom against Hezbollah in Lebanon. Analysts in Jerusalem describe the draft as a “strategic failure” that could strengthen Iran’s regional position.
The draft deal highlights a widening gap between US and Israeli priorities: Washington seeks a ceasefire and nuclear talks, while Israel demands immediate dismantling of Iran’s nuclear and proxy networks. If finalized, the agreement could ease regional tensions but risks straining US?Israel relations.