moved markets<\/a>, with global stocks approaching record highs on Thursday and oil prices nursing steep losses on bets that supply disruptions could ease.<\/p>\n\n\n\nTehran and Washington have scaled back ambitions for a sweeping settlement as differences persist, particularly over Iran’s nuclear programme \u2014 including the fate of its highly enriched uranium stockpiles and how long Tehran would halt nuclear work.<\/p>\n\n\n\n
Instead, they are working toward \u200ba temporary arrangement aimed at preventing a return to conflict and stabilising shipping through the strait, the sources and officials said.<\/p>\n\n\n\n
“Our priority is that they announce a permanent end to war and the rest of \u200bthe issues could be thrashed out once they get back to direct talks,” a senior Pakistani official involved in mediation between the two sides told Reuters.<\/p>\n\n\n\n
The proposed framework would \u2060unfold in three stages: formally ending the war, resolving the crisis in the Strait of Hormuz and launching a 30-day window for negotiations on a broader agreement, according to the sources and officials.<\/p>\n\n\n\n
“We remain optimistic,” Tahir Andrabi, foreign \u200bministry spokesperson of mediator Pakistan, told a briefing in Islamabad on Thursday when asked how quickly a deal could come.<\/p>\n\n\n\n
“A simple answer would be that we expect an agreement sooner rather than later.”<\/p>\n","protected":false},"excerpt":{"rendered":"
(Reuters) ISLAMABAD\/WASHINGTON\/DUBAI, May 7 – The United States and Iran are edging toward a limited, temporary agreement to\u00a0halt their war, sources and officials said on Thursday, \u200bwith a draft framework that would stop the fighting but leave the most contentious issues unresolved. The emerging plan centres on a short-term memorandum rather than a comprehensive peace deal, underscoring deep divisions \u200cbetween the two sides and signalling that it would be an interim step. Hopes that even a partial deal could lead to the reopening of the Strait of Hormuz have already moved markets, with global stocks approaching record highs on Thursday and… <\/p>\n","protected":false},"author":1,"featured_media":57396,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-57393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-in-english"],"_links":{"self":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/57393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57393"}],"version-history":[{"count":1,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/57393\/revisions"}],"predecessor-version":[{"id":57395,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/57393\/revisions\/57395"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/media\/57396"}],"wp:attachment":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}