Iran-US Peace Deal Takes Shape: Uranium, Sanctions and Hormuz at Centre of Draft Framework

A new draft framework could bring Washington and Tehran closer to a deal. Iran may transfer its highly enriched uranium stockpile abroad or reduce enrichment levels, while the Strait of Hormuz could reopen within seven days. China, Qatar and Turkey are also emerging as key players in diplomatic efforts.

Post Published By: Aditya Wadhawan
Updated : 31 October 2026, 4:23 PM IST

Washington DC/ Tehran: A proposed framework for negotiations between the United States and Iran could pave the way for a major diplomatic breakthrough. According to a report, the draft agreement suggests transferring Iran's highly enriched uranium stockpile to another country or reducing its enrichment levels. It also proposes reopening the strategically important Strait of Hormuz to international shipping within seven days of an initial understanding.

China Could Guarantee Proposed Agreement

The draft framework reportedly identifies China as a potential guarantor of the agreement and suggests holding direct US-Iran negotiations in Doha instead of Istanbul. Under the proposal, Tehran would make commitments on its nuclear programme and maritime security, while Washington would consider easing sanctions, blockades and economic restrictions.

An independent verification system and a separate dispute-resolution mechanism have also been proposed to monitor compliance and prevent fresh escalation.

Qatar and Turkey Intensify Diplomatic Efforts

Diplomatic activity has increased, with a Qatari delegation travelling to Tehran for consultations. Reports also said Qatari envoys delivered a communication from US Vice President JD Vance to Iranian security official Mohsen Rezaei, outlining a possible diplomatic pathway.

Separately, Turkish Foreign Minister Hakan Fidan held discussions with US Secretary of State Marco Rubio on Iran negotiations and regional developments during a G20 ministerial gathering.

Trump Says Washington Is in No Hurry

US President Donald Trump has maintained that Washington is not under pressure to end the conflict. Speaking at the White House, he said Iran remained interested in negotiations, but was facing serious financial difficulties. Trump also indicated that military action could remain an option, despite the possibility of reaching an agreement.

The proposed framework remains under discussion, and no final agreement has been announced. Differences over Iran's nuclear programme, sanctions and the US blockade continue to complicate diplomatic efforts.

Location :  Washington DC/ Tehran

Published :  31 October 2026, 4:23 PM IST