Tehran’s semi-official Fars news agency indicated a high likelihood of approval, though a formal response remains outstanding. If finalized, the deal could be signed in Europe, with Vice President JD Vance potentially representing the United States. The administration’s pivot toward negotiation marks a significant shift in a conflict that has long pressured global oil prices and regional security.
Despite the diplomatic optimism, the framework leaves major hurdles untouched. Negotiators have yet to address the status of frozen Iranian oil revenues or the long-term oversight of Tehran’s nuclear program. While Republican critics remain skeptical of the terms, the prospect of de-escalation triggered an immediate market reaction, lifting US equities while driving global oil prices downward.





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