While diplomatic contacts intensify between the US and Iran regarding a possible peace process, it has been reported that the parties have not yet reached a concrete agreement and uncertainty persists.
According to two sources close to the matter, the US and regional mediators are considering the possibility of holding a high-level peace summit as early as Thursday. However, the Washington administration remains awaiting an official response from Tehran.
While the process is shaped by US President Donald Trump’s desire to end the war, Iran’s influence over the Strait of Hormuz and the military balance in the region are complicating a possible exit strategy. Although it is claimed that the US shared a 15-point plan to end the war with Israel and that Iran accepted some critical points of this plan, there is no concrete evidence to support this. Iranian officials, while denying claims of behind-the-scenes negotiations, confirm that they have received various messages and proposals from the US.
On the Israeli front, developments are being watched cautiously. Prime Minister Benjamin Netanyahu is reportedly concerned that the Trump administration may reach an agreement that falls short of Israel’s goals and that significant concessions may be made to Iran. Israeli sources, while skeptical of the US claims that Iran has made concessions, indicate that the difference in positions between the two countries remains significant.
It is reported that Pakistan, Egypt, and Turkey have assumed mediating roles in the diplomatic process, with Pakistan specifically stating its readiness to host talks if the parties agree. Trump’s public sharing of this message reveals his interest in a possible summit. While it is stated that the US Vice President may also be involved in the process if the talks take place, sources say that it is not even clear yet whether there is a concrete basis for negotiations.
*This is not investment advice.