Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
#USIranDraftDeal
Breaking: US and Iran Finalize Draft Agreement, Announce 60-Day Ceasefire & Reopening of Strait of Hormuz
ISTANBUL/WASHINGTON D.C. – Diplomatic sources confirmed late Saturday that the United States and Iran have reached a tentative draft agreement aimed at ending three months of hostilities. The deal, brokered primarily by Pakistan, establishes a 60-day ceasefire, immediately reopens the strategic Strait of Hormuz for shipping, and provides a structured pathway for negotiations regarding Iran’s nuclear program .
The draft Memorandum of Understanding (MoU) comes after weeks of intensive backchannel talks and is seen as a major breakthrough to stabilize global energy markets and halt regional conflicts involving Israel and Hezbollah . US President Donald Trump confirmed the progress on social media, stating that "significant progress" has been made and that the Strait of Hormuz will be reopened .
Key Provisions of the Draft Framework
Under the terms of the "relief for performance" framework, the implementation will be phased over the next two months .
· Maritime Security: Iran has reportedly agreed to clear mines from the Strait of Hormuz to allow the free passage of commercial ships. In exchange, the United States will begin lifting its naval blockade on Iranian ports and issue limited sanctions waivers, allowing Tehran to resume oil exports .
· Nuclear Stalemate: While the nuclear issue is not yet fully resolved, the draft includes a commitment from Iran not to pursue nuclear weapons. Negotiations regarding the suspension of uranium enrichment and the removal of the highly enriched uranium stockpile will be the focus of the 60-day window .
· Regional Ceasefire: The deal extends beyond the US-Iran theater. Sources indicate the framework supports "ending the war on all fronts," including a cessation of hostilities between Israel and Hezbollah in Lebanon .
· Economic Relief: The draft reportedly includes structured access to frozen assets. However, US officials clarified that billions of dollars in frozen funds and permanent sanctions relief will only be unlocked after a final, verified agreement is signed at the end of the 60 days .
Pakistan’s Central Role & International Reactions
The breakthrough is largely attributed to mediation efforts by Pakistan. Field Marshal Asim Munir, who traveled to Tehran for direct discussions, has played a central role in narrowing differences between the two sides. Reports suggest Islamabad is pushing to have the final document named the "Islamabad Agreement" .
While several Arab nations, including Saudi Arabia, Qatar, and the UAE, have backed the diplomatic push, the deal has drawn fierce criticism from hardliners in both Washington and Tel Aviv .
· In the US: Republican hawks, including Senator Ted Cruz and former Secretary of State Mike Pompeo, have criticized the draft. Pompeo called it a "surrender," while Trump’s White House Communications Director fired back, telling critics they do not know what they are talking about .
· In Israel: Analysts describe the deal as a significant political blow to Prime Minister Benjamin Netanyahu, who had advocated for a tougher military posture against Tehran. Israeli officials have reportedly raised concerns about the Lebanon ceasefire conditions attached to the deal .
What Comes Next?
Despite the optimism, officials from both nations caution that the ink is not yet dry. The White House has stated that the US military presence in the region will remain in place during the 60-day trial period as a deterrent .
Iranian officials have maintained that while they are showing "maximum flexibility," major gaps regarding the scope of sanctions relief and the specifics of the nuclear rollback remain unresolved. A senior US official told reporters, "If Iran is not serious about the nuclear negotiations, the ceasefire could end early" .
The world watches as the implementation details are hammered out over the coming hours, with the potential to redefine the geopolitical landscape of the Middle Eas