Inside Islamabad accord: US, Iran receive Pakistan’s ultimate ceasefire plan; What’s at stake?

A framework to end the US-Iran conflict may be closer than it appears. Both Washington and Tehran have received a ceasefire proposal that could take effect as early as Monday and reopen the Strait of Hormuz, according to a source familiar with the proposals. The plan, put together by Pakistan overnight, follows a two-tier structure: an immediate halt to hostilities, followed by negotiations toward a comprehensive settlement. “All elements need to be agreed today,” the source told Reuters, adding that the initial understanding would be structured as a memorandum of understanding, finalised electronically through Pakistan, the sole communication channel currently…