Berliner Boersenzeitung - US-Iran truce deal awaits Trump as strikes test ceasefire

EUR -
AED 4.180093
AFN 72.278693
ALL 94.229674
AMD 419.433929
ANG 2.037861
AOA 1043.741334
ARS 1674.312766
AUD 1.644936
AWG 2.050207
AZN 1.934107
BAM 1.956425
BBD 2.296923
BDT 140.104737
BGN 1.924583
BHD 0.429172
BIF 3397.56712
BMD 1.138213
BND 1.477372
BOB 7.897522
BRL 5.919281
BSD 1.140459
BTN 107.976478
BWP 15.507952
BYN 3.203023
BYR 22308.983435
BZD 2.293632
CAD 1.617509
CDF 2582.606088
CHF 0.921549
CLF 0.026432
CLP 1040.292843
CNY 7.729038
CNH 7.731281
COP 3904.857468
CRC 517.358379
CUC 1.138213
CUP 30.162656
CVE 110.30022
CZK 24.214182
DJF 202.28344
DKK 7.475143
DOP 66.750434
DZD 152.107462
EGP 56.591171
ERN 17.073202
ETB 183.861901
FJD 2.554383
FKP 0.859213
GBP 0.862254
GEL 3.010568
GGP 0.859213
GHS 12.801087
GIP 0.859213
GMD 83.089892
GNF 9992.70789
GTQ 8.700778
GYD 238.596186
HKD 8.924726
HNL 30.512609
HRK 7.534522
HTG 149.107611
HUF 355.324629
IDR 20426.321494
ILS 3.410452
IMP 0.859213
INR 108.339651
IQD 1493.977039
IRR 1565043.48094
ISK 144.00711
JEP 0.859213
JMD 179.516532
JOD 0.806929
JPY 183.88578
KES 147.341598
KGS 99.536645
KHR 4577.039254
KMF 490.569897
KPW 1024.392495
KRW 1746.776325
KWD 0.351663
KYD 0.950403
KZT 554.747135
LAK 25255.064142
LBP 102126.30974
LKR 381.561836
LRD 207.556274
LSL 18.806205
LTL 3.360849
LVL 0.688494
LYD 7.318305
MAD 10.673908
MDL 20.077411
MGA 4764.521349
MKD 61.638165
MMK 2389.550926
MNT 4073.665921
MOP 9.209841
MRU 45.297071
MUR 54.589147
MVR 17.597151
MWK 1977.522752
MXN 19.977103
MYR 4.723072
MZN 72.732668
NAD 18.806205
NGN 1559.488808
NIO 41.963399
NOK 11.146974
NPR 172.761405
NZD 2.007735
OMR 0.437574
PAB 1.140464
PEN 3.860433
PGK 5.001619
PHP 69.891427
PKR 317.18468
PLN 4.283323
PYG 6952.189349
QAR 4.157327
RON 5.247048
RSD 117.412386
RUB 84.798379
RWF 1672.426672
SAR 4.274323
SBD 9.179738
SCR 15.235
SDG 683.496208
SEK 11.081572
SGD 1.475865
SHP 0.849791
SLE 28.170929
SLL 23867.770913
SOS 651.805263
SRD 42.66364
STD 23558.720176
STN 24.506641
SVC 9.979186
SYP 125.809119
SZL 18.800003
THB 37.86727
TJS 10.577578
TMT 3.995129
TND 3.375778
TOP 2.740545
TRY 52.89915
TTD 7.743473
TWD 36.09821
TZS 2987.808014
UAH 51.193146
UGX 4174.332898
USD 1.138213
UYU 45.744607
UZS 13702.375277
VES 702.124347
VND 29963.468823
VUV 135.17255
WST 3.137286
XAF 656.163636
XAG 0.018405
XAU 0.000277
XCD 3.076079
XCG 2.055356
XDR 0.816061
XOF 656.163636
XPF 119.331742
YER 271.634261
ZAR 18.81717
ZMK 10245.284419
ZMW 20.458533
ZWL 366.504263
  • CMSC

    -0.0500

    22.11

    -0.23%

  • BCC

    -0.7400

    71.8

    -1.03%

  • JRI

    -0.0200

    12.63

    -0.16%

  • RBGPF

    -0.2700

    60.34

    -0.45%

  • CMSD

    -0.1200

    21.96

    -0.55%

  • RIO

    -3.7800

    95.58

    -3.95%

  • BCE

    0.3900

    23.04

    +1.69%

  • GSK

    1.3300

    52.07

    +2.55%

  • BTI

    1.8400

    60.74

    +3.03%

  • NGG

    0.6000

    81.57

    +0.74%

  • AZN

    4.5900

    181.02

    +2.54%

  • BP

    -0.4500

    39.33

    -1.14%

  • VOD

    -0.0700

    14.05

    -0.5%

  • RELX

    0.3800

    31.21

    +1.22%

  • RYCEF

    0.2300

    18.63

    +1.23%

US-Iran truce deal awaits Trump as strikes test ceasefire
US-Iran truce deal awaits Trump as strikes test ceasefire / Photo: Kent NISHIMURA - AFP

US-Iran truce deal awaits Trump as strikes test ceasefire

US and Iranian negotiators edged toward a deal to extend their fragile ceasefire for 60 days, but the potential breakthrough was still hanging on President Donald Trump's approval, US sources told AFP on Thursday.

Text size:

The development came after Washington and Tehran accused each other of violating the truce, underscoring the volatility of talks three months after the Middle East war began with US-Israeli strikes on Iran.

The US sources confirmed reporting by Axios that the two sides had agreed on a memorandum of understanding to prolong the ceasefire and launch negotiations on Iran's nuclear programme.

Under the proposed deal, shipping through Hormuz would be unrestricted, with no tolls or harassment; Iran would remove all mines within 30 days; and the United States would lift its naval blockade if commercial traffic resumes, Axios reported.

But Iran's Tasnim news agency, citing a source close to Tehran's negotiators, said the text had not been finalised and that Pakistan would be informed if a deal was reached.

Iranian sources cited by local media said any deal would be complete only when announced by Tehran, not unilaterally by Trump.

US strikes on the southern Iranian port city of Bandar Abbas prompted Iran to target "the American airbase that served as the source of the attack," state broadcaster IRIB reported, citing the Revolutionary Guards.

The Guards did not specify the location of the base, but Kuwait, which hosts US troops, said its air defences responded to incoming fire.

Kuwait's foreign ministry condemned "the criminal Iranian attacks that targeted the territory of the State of Kuwait with missiles and drones, in a dangerous escalation."

US Central Command called the attack an "egregious ceasefire violation."

Iranian forces had fired at four ships trying to transit the Strait of Hormuz without authorisation, IRIB reported Thursday. Iran has blockaded the waterway since the war began.

US forces said they had intercepted five attack drones in and around the strait, and prevented the launch of a sixth near Bandar Abbas.

Iranian foreign ministry spokesman Esmaeil Baqaei called the US strikes truce "violations".

A US official told AFP the actions were "measured" and "intended to preserve the ceasefire".

Iran's Guards threatened a "firm response" to any renewed attacks.

- Strait standoff -

Before Thursday's strikes, Amir, a 27-year-old software developer in Tehran, said fears of renewed fighting were constant.

"I feel like nothing is certain yet," he said. "The daily question is: Will there be missile strikes tonight?"

A key focus of the proposed deal is restoring full traffic through the Strait of Hormuz, the closure of which has curbed the vast flows of oil and gas that normally pass through it.

Oil prices bounced higher Thursday after reports of the strikes, reversing much of Wednesday's deal-driven fall.

Markets remained choppy as traders balanced hopes of a ceasefire extension against the risk of renewed fighting. Brent crude slipped after earlier jumping around 2.5 percent, while Wall Street closed higher even as European and Asian markets mostly fell.

The war's economic toll has become harder to ignore, with analysts warning that prolonged disruption in Hormuz could keep energy prices high and make inflation harder to contain.

Trump threatened US ally Oman when asked about a possible short-term arrangement allowing it and Iran to control the strait.

"No, the strait is going to be open to everybody," Trump said. "It's international waters and Oman will behave just like everybody else or we'll have to blow them up."

US Treasury Secretary Scott Bessent on Thursday also threatened to "aggressively target" Oman if it helped impose tolls in the strait.

Bessent added Washington would halt Iranian airlines' access to landing slots, refuelling and ticket sales, while allowing travel for religious pilgrimage and humanitarian reasons.

Oman mediated US-Iran talks in Geneva before the war and has itself come under attack from Tehran.

Baqaei called the threat toward Oman "a worrying sign of the normalisation of anarchy and intimidation in international relations".

Qatar's emir also spoke with Trump by phone about efforts to reduce escalation, after Doha hosted senior Iranian officials this week.

- Lebanon escalation -

In Lebanon, a separate ceasefire has done little to stop the fighting between Israel and Iran-backed Hezbollah.

Iran has insisted any agreement to end the war must apply to Lebanon.

Israel's military said Thursday it had conducted a precise strike in the Beirut area, while Lebanon's military said the attack hit an apartment south of the capital.

AFPTV footage showed smoke rising from the area on the edge of Beirut's southern suburbs, a Hezbollah stronghold.

The escalation comes as Lebanon and Israel prepare for talks between military delegations at the Pentagon on Friday, and for US-brokered talks early next week -- the fourth round since the latest Israel-Hezbollah conflict erupted.

Lebanon's health ministry said the Beirut-area strike killed three people, including a woman, her baby daughter and a Syrian child, and wounded 15.

It said Israeli attacks had killed 3,324 people, up 55 from the previous day, when Israel declared most of south Lebanon "combat zones" and told residents to leave.

The Israeli military said a soldier was killed Wednesday by a Hezbollah drone near the Lebanon border, bringing its military death toll to 23 troops, along with one civilian contractor.

(L.Kaufmann--BBZ)