As multiple sources indicate, as the final deadline set by US President Trump approaches, a ceasefire proposal called the “Islamabad Accord,” mediated by Pakistan, has been submitted to both the US and Iran.
The proposal aims to immediately halt hostilities and reopen the crucial Strait of Hormuz, seeking a diplomatic solution before the regional situation escalates further.
Axios first reported the news, followed by Reuters citing multiple sources confirming the matter. According to Axios, if an agreement is reached, the ceasefire period is proposed to last for 45 days.
Sources mention that this diplomatic mediation will be divided into two stages. The first stage calls for an immediate ceasefire and the immediate reopening of the Strait of Hormuz for navigation.
Subsequently, both sides will enter a negotiation period lasting 15 to 20 days to reach a final comprehensive agreement. The final agreement is expected to include Iran’s commitment not to pursue nuclear weapons in exchange for the lifting of international sanctions and the release of frozen assets.
In recent days, Trump has continued to publicly pressure Iran to swiftly end the conflict and announced on social media platform “Truth Social” that the deadline for the “ultimatum” has been extended by 20 hours.
Two sources familiar with the matter told Axios that the US and Israel have a bombing plan targeting Iranian energy facilities that is “ready,” with the deadline extension being the last chance for diplomatic mediation.
Trump stated that Iran must reach an agreement by 8 p.m. ET on Tuesday (April 7), or else the US military will launch a “hellish” strike. Mediators have explicitly informed Iranian officials that there is little room left for further mediation, making the next two days the “last chance” to avoid an escalation of conflict.
The Israeli military stated on Monday that their strikes in the Tehran region have been “completed.” Foreign media analysis suggests this could be another signal that there is a chance for the conflict to de-escalate.
Sources told Reuters that the negotiations are led by Pakistani Army Chief of Staff Asim Munir, who has reportedly been in constant contact with US Vice President JD Vance, envoy Steve Witkoff, and Iranian Foreign Minister Abbas Araghchi, working tirelessly.
In addition to Pakistan, Egypt and Turkey are also involved in the mediation efforts.
Despite ongoing diplomatic efforts advancing, Iran has not made an official commitment yet.
Iranian officials had previously informed Reuters that Tehran is seeking a permanent ceasefire and must be guaranteed that the US and Israel will not launch further attacks.
With the strait blockade causing significant fluctuations in the global energy market, the world is closely watching the final outcome of this time-limited diplomatic struggle.