The China Mail - US-Iran truce deal awaits Trump as strikes test ceasefire

USD -
AED 3.673098
AFN 62.999638
ALL 81.950216
AMD 367.923228
ANG 1.79046
AOA 918.000069
ARS 1409.4976
AUD 1.396453
AWG 1.8025
AZN 1.702706
BAM 1.684814
BBD 2.013283
BDT 122.704249
BGN 1.66992
BHD 0.37725
BIF 2975
BMD 1
BND 1.279418
BOB 6.907067
BRL 5.050396
BSD 0.999621
BTN 95.964129
BWP 13.482478
BYN 2.743186
BYR 19600
BZD 2.010355
CAD 1.37795
CDF 2273.000146
CHF 0.783505
CLF 0.022653
CLP 891.539995
CNY 6.77975
CNH 6.77262
COP 3652.36
CRC 453.80931
CUC 1
CUP 26.5
CVE 94.850043
CZK 20.837398
DJF 177.719815
DKK 6.412645
DOP 58.35041
DZD 132.497532
EGP 52.222403
ERN 15
ETB 159.149788
EUR 0.858103
FJD 2.220958
FKP 0.74473
GBP 0.74391
GEL 2.659837
GGP 0.74473
GHS 11.720223
GIP 0.74473
GMD 72.999848
GNF 8777.502471
GTQ 7.622067
GYD 209.107198
HKD 7.83425
HNL 26.560327
HRK 6.467796
HTG 130.896592
HUF 304.213989
IDR 17823.4
ILS 2.82243
IMP 0.74473
INR 96.492097
IQD 1310
IRR 1342124.999773
ISK 122.935859
JEP 0.74473
JMD 156.696875
JOD 0.708968
JPY 159.211034
KES 129.449571
KGS 87.450215
KHR 4012.50115
KMF 422.99989
KPW 899.855249
KRW 1496.409788
KWD 0.30947
KYD 0.833017
KZT 483.313807
LAK 21949.999791
LBP 89550.00009
LKR 328.365666
LRD 183.150355
LSL 16.240036
LTL 2.95274
LVL 0.60489
LYD 6.344985
MAD 9.193982
MDL 17.335722
MGA 4189.999794
MKD 52.913028
MMK 2099.840941
MNT 3579.799096
MOP 8.065453
MRU 40.000055
MUR 47.550414
MVR 15.41015
MWK 1736.496752
MXN 17.313703
MYR 3.9785
MZN 63.905014
NAD 16.239779
NGN 1373.66009
NIO 36.560309
NOK 9.256245
NPR 153.542262
NZD 1.685488
OMR 0.384463
PAB 0.999621
PEN 3.409001
PGK 4.350501
PHP 61.36605
PKR 278.574985
PLN 3.627697
PYG 6065.435374
QAR 3.641504
RON 4.5026
RSD 100.759007
RUB 70.855032
RWF 1463
SAR 3.740522
SBD 8.032647
SCR 13.596184
SDG 600.498782
SEK 9.256799
SGD 1.27541
SHP 0.746601
SLE 24.62503
SLL 20969.502105
SOS 571.506669
SRD 37.168499
STD 20697.981008
STN 21.375
SVC 8.746253
SYP 110.532098
SZL 16.240029
THB 32.640095
TJS 9.226336
TMT 3.51
TND 2.89375
TOP 2.40776
TRY 45.877297
TTD 6.784742
TWD 31.413902
TZS 2614.997992
UAH 44.255367
UGX 3775.714138
UYU 40.065814
UZS 12010.000003
VES 543.90345
VND 26327.5
VUV 118.640469
WST 2.727767
XAF 565.070983
XAG 0.013228
XAU 0.000222
XCD 2.702551
XCG 1.80154
XDR 0.70199
XOF 563.501001
XPF 102.649761
YER 238.649578
ZAR 16.2609
ZMK 9001.199408
ZMW 18.517625
ZWL 321.999592
  • RBGPF

    0.1800

    63.68

    +0.28%

  • CMSC

    0.0213

    22.84

    +0.09%

  • GSK

    -0.3400

    51.24

    -0.66%

  • CMSD

    0.0494

    22.89

    +0.22%

  • RIO

    -0.1400

    106.47

    -0.13%

  • NGG

    -0.9300

    84.86

    -1.1%

  • BCE

    -0.1800

    24.91

    -0.72%

  • AZN

    -0.3200

    185.33

    -0.17%

  • BP

    -0.0600

    41.59

    -0.14%

  • BTI

    -1.1200

    62.92

    -1.78%

  • BCC

    0.0600

    70.35

    +0.09%

  • JRI

    -0.0700

    12.86

    -0.54%

  • RELX

    0.2500

    33.1

    +0.76%

  • RYCEF

    0.1200

    17.3

    +0.69%

  • VOD

    0.0700

    14.93

    +0.47%

US-Iran truce deal awaits Trump as strikes test ceasefire

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.

J.Liv--ThChM