New Delhi (TDI): US Secretary of State Marco Rubio has said that an agreement aimed at ending the conflict with Iran could be reached today, although he and President Donald Trump both cautioned that the negotiations are still not fully finalized.
Speaking in New Delhi, Rubio said there was “a pretty solid thing on the table” regarding measures to reopen key maritime routes, particularly the Strait of Hormuz. He added that while progress had been made, details were still being refined and public expectations should remain measured.
President Trump, meanwhile, urged negotiators not to rush the process, stating that time remained in Washington’s favour. He reiterated that any agreement would only take effect once it is fully completed, certified, and signed, and confirmed that current pressure measures would stay in place until then.
Iranian officials have also acknowledged that discussions are ongoing but incomplete. Tehran’s Tasnim news agency reported that several key issues remain unresolved, including disputes over frozen Iranian assets and other technical aspects of the draft agreement.
Despite these gaps, diplomatic engagement appears to have expanded, with multiple regional states reportedly supporting the framework being discussed. Officials involved in the talks say the emerging proposal includes phased steps, starting with maritime arrangements and broader economic measures during the negotiation period.
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However, both sides continue to differ on core issues, particularly Iran’s nuclear program and the scope of sanctions relief. While Iran has reiterated that it is not seeking nuclear weapons, questions remain over how these assurances would be formally incorporated into any final agreement.
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Financial markets have reacted to the possibility of progress, with oil prices declining on expectations of reduced geopolitical risk. Still, analysts caution that until a binding deal is signed, the situation remains uncertain and highly fluid.
