What we know about ‘14-point deal’ so far?

A significant peace deal brokered by Pakistan and Qatar is reportedly poised for signing in Geneva, aiming to conclude over 100 days of conflict between Iran and the United States. This agreement marks a potential de-escalation of tensions that have gripped the region and impacted international shipping.

Details emerging about the '14-point deal' suggest a comprehensive framework for future negotiations. Technical talks are slated to commence this week, paving the way for 60-day negotiations concerning Iran's nuclear program and sanctions. A crucial aspect of the agreement involves the Strait of Hormuz, which Iran plans to administer alongside Oman, with provisions for ships to pay 'maritime service' fees.

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the Strait of Hormuz, which has been under a de facto Iranian blockade, will open to all shipping by June 19, while Tehran said the US naval blockade on its ports will be lifted immediately.

U.S. President Donald Trump announced that the Strait of Hormuz, previously under a de facto Iranian blockade, will reopen to all shipping by June 19. Concurrently, Iran stated that the U.S. naval blockade on its ports would be lifted immediately. The Iranian Supreme National Security Council indicated that final agreement negotiations would proceed only after the U.S. fulfills its obligations, while U.S. Vice President J.D. Vance expressed hope for the agreement's success.

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negotiations for a final agreement will be postponed until after the US has fulfilled its obligations.