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US releases text of Iran peace plan as Trump says deal averts ‘worldwide depression’

From The Guardian · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • The Trump administration released a 14-point agreement with Iran, claiming a major win despite concessions.
  • The deal aims to reopen the Strait of Hormuz and prevent a global economic downturn.
  • Key terms include Iran's uranium enrichment for civilian use and the potential return of frozen Iranian assets.

The Trump administration has unveiled a 14-point agreement with Iran, characterizing it as a significant victory for the United States while acknowledging substantial political and financial concessions made to Tehran.

We actually had right of way.

— Jane KelveyDescribing the encounter with the Russian warship.

The deal's primary objectives are to reopen the Strait of Hormuz and avert a "worldwide depression." President Donald Trump stated that Iran has basic rights to enrich uranium for civilian purposes and that the U.S. would not pressure Tehran to abandon its ballistic missile program. He also indicated that billions of dollars in frozen Iranian assets would be returned.

These concessions, along with the agreement's text, have drawn criticism from hardliners in Israel and the Republican party. However, Trump defended the deal, asserting his administration's toughness on Iran and highlighting the market's positive reaction. He argued that failing to reach an agreement would have led to a "worldwide depression" and the continued closure of the Strait of Hormuz.

But we weren't going to argue with a warship.

— Jane KelveyExplaining why they did not confront the Russian vessel.

Senior administration officials presented the deal as a means to prevent Iran from acquiring nuclear weapons. They pointed to an agreement to discuss down-blending Iran's highly enriched uranium stockpile, which could be further enriched for nuclear weapons. The official stated that the stockpile would be "destroyed by down-blending" at a minimum, with the U.S. pushing for more.

The British are trying to shut it down by agreeing with the Russian comments on it.

— Alan KelveyCriticizing the UK government's handling of the incident.

The agreement, described as a 60-day ceasefire, is expected to be formally signed soon. Iran had suggested a signing ceremony involving Trump and Iranian President Masoud Pezeshkian, which would mark the highest-level meeting between the two countries since the 1980s. The administration had delayed releasing the full text to allow for more comprehensive nuclear and peace talks.

We don't want world war three to start because of this.

— Jane KelveyExpressing concern about the escalation of tensions.
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Originally published by The Guardian. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.

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