A new proposal to end hostilities between the United States and Iran could come into effect as soon as Monday, potentially reopening the vital Strait of Hormuz, a source familiar with the plan said on Monday.
The framework, drafted by Pakistan and shared overnight with both countries, sets out a two-stage approach: an immediate ceasefire, followed by a broader, comprehensive agreement.
The initial step is expected to be formalised electronically as a memorandum of understanding, with Pakistan acting as the sole communication channel.
“All elements need to be agreed today,” the source said. Under the proposal, an initial ceasefire would take effect immediately, while a wider settlement would be negotiated over the next 15–20 days.
The plan, tentatively called the “Islamabad Accord,” also includes a regional framework for safeguarding the strait, with final in-person talks planned in Islamabad.
Pakistan’s army chief, Field Marshal Asim Munir, has reportedly been in near-constant contact with U.S. officials, including Vice President JD Vance, special envoy Steve Witkoff, and Iranian Foreign Minister Abbas Araghchi.
Iranian officials are seeking a permanent ceasefire, with guarantees against future attacks by the U.S. or Israel, while a final agreement may include Tehran agreeing to halt nuclear weapons development in exchange for sanctions relief and access to frozen assets.
So far, Iran has not formally committed to the proposals, which also have backing from China and Pakistan, according to sources. There was no immediate comment from U.S., Iranian, or Chinese officials.
The ceasefire plan comes amid growing concerns over the safety of shipping through the Strait of Hormuz, a crucial channel for global oil supplies.
The ongoing conflict has already intensified volatility in energy markets, with traders closely watching developments that could affect the flow of fuel from the Gulf.
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Armenia's ruling Civil Contract party is leading in a parliamentary election with 54.44% of the vote, according to early voting results from Armenia's electoral commission that were broadcast on public TV.
A powerful earthquake struck off the southern Philippine island of Mindanao on Monday (8 June), killing at least 3 people and triggering tsunami warnings across the region.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 8 June, covering the latest developments you need to know.
The results of Armenia’s parliamentary elections will determine the makeup of the National Assembly and shape the country's political direction for the foreseeable future. But in Armenia, the final result is not decided by vote percentages alone. Here's how it works.
Counting is underway in Armenia's elections. The results of the vote are set to determine the political direction of the country of three million people for the next few years. Prime Minister Nikol Pashinyan is hoping to fend off challenges from several pro-Russia candidates to secure a third term.
Armenian authorities arrested six candidates from the pro-Russian Strong Armenia bloc on Saturday, one day before voters were due to take part in parliamentary elections.
More than 6,000 people gathered outside a vote-counting centre in Seoul on Friday night, demanding this week’s local elections be repeated after ballot shortages left some voters unable to cast their ballots.
Azerbaijan's Foreign Ministry has confirmed the number of casualties its citizens suffered as a result of the 5 June drone attacks on the cargo ships Natra and Zircon in the Sea of Azov. In a statement, it said four Azerbaijani citizens were killed and four others were injured.
Armenia's ruling Civil Contract party is leading in a parliamentary election with 54.44% of the vote, according to early voting results from Armenia's electoral commission that were broadcast on public TV.
Israel said it struck military targets in western and central Iran on Monday, even after U.S. President Donald Trump reportedly told Israeli Prime Minister Benjamin Netanyahu to refrain from further attacks.
Sirens rang out across multiple areas of Israel on Sunday night after missiles were launched from Iran towards the country, the Israeli military said. Earlier, Tehran's top negotiator in talks with the U.S. threatened to target Israeli and American assets in the region, after Israel struck Beirut.
U.S. President Donald Trump acknowledged calling Israeli Prime Minister Benjamin Netanyahu “crazy” during a phone exchange over fighting in Lebanon. The call came as the U.S. was attempting to broker an end to hostilities involving Iran.
Iran’s Revolutionary Guards (IRGC) said on Monday they targeted the source of an attack on a telecom facility on Sirik Island near the strategic Strait of Hormuz, Tasnim News Agency reported.
Iran really wanted to make a deal with the U.S. and that it would be a good one for Washington and its allies, President Donald Trump said on Monday.
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