A 15-point document containing terms of a potential peace deal for the war in Iran was leaked to Israel’s Channel 12 on Tuesday, according to a report.
Phil Stewart, chief national security correspondent at Reuters, posted four of the deal terms on X. They include Iran agreeing not to enrich any uranium in the country, agreeing to decommission the Natanz, Isfahan, and Fordow nuclear plants, stopping funding of proxies in the region like Hezbollah, and agreeing to a “free maritime zone” in the Strait of Hormuz.
The terms were released at a time when President Donald Trump was facing significant scrutiny for the administration’s decision to start the war by coordinating a bombing campaign with Israel in late February.
Global oil markets have also been rocked by the war. Over the last month, the price of a barrel of crude oil has increased by nearly 30%, reaching $88.70 at the end of trading on Tuesday.
While that price is the lowest since March 11, some economists are increasingly concerned that the war could tip the U.S. economy into a recession.
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