Mediator Makes Final Push for 45-Day Ceasefire Agreement Between US and Iran

BlockBeats News, April 6th, according to Axios, citing four sources familiar with the negotiations, American, Israeli, and regional sources revealed that the US, Iran, and a group of regional mediators are discussing terms of a potential 45-day ceasefire agreement that could eventually lead to a permanent cessation of hostilities.

Sources said the likelihood of reaching a partial agreement within the next 48 hours is slim. But this final effort is the only opportunity to prevent a dramatic escalation of the conflict—a escalation that would involve a large-scale attack on Iran's civilian infrastructure and retaliatory strikes on Gulf state energy and water facilities.

According to Bitget market data, WTI crude oil futures reversed intraday due to this development.