US-Iran peace deal could take six months
According to a Bloomberg report citing Gulf and European officials, US-Iran peace negotiations could take approximately six months to reach a comprehensive agreement. These officials are pushing to extend the current ceasefire during that negotiation period. A key priority is to quickly reopen the Strait of Hormuz to restore global energy supplies that have been disrupted by the US blockade. The timeline reflects ongoing diplomatic efforts to stabilize the region following recent tensions.
The report adds that European officials are also involved in the assessment and that there is a specific push to reopen the Strait of Hormuz to restore energy supplies.
The report adds that Gulf and European leaders are now actively urging the US and Iran to extend their ceasefire to cover the six-month negotiation period.
The report adds that officials are specifically pushing to extend the ceasefire during negotiations and prioritize reopening the Strait of Hormuz to restore energy supplies.
