US-Iran Interim Peace Deal Ready, Joint Announcement Expected Within 24 Hours | Exclusive Details

Last Updated:May 24, 2026, 00:11 IST

Sources confirm that the consensus document has been formally cleared by a powerful cohort of top-tier negotiators from both sides

In what is tracking to be the most monumental diplomatic breakthrough of the decade, CNN-News18 has learnt that the United States and Iran are on the absolute precipice of signing an “Interim Peace Agreement". Top diplomatic sources have confirmed that after weeks of high-octane brinkmanship and backchannel shuffling, negotiators and international interlocutors have officially agreed on the final text of a draft treaty. A coordinated, simultaneous announcement by American and Iranian leaders is expected to take place within the next 24 hours.

The sudden acceleration of the peace track brings a dramatic pause to a conflict that recently threatened to engulf the entire region in all-out war. The comprehensive breakthrough materialised during a hypercritical weekend summit in Tehran, driven across the finish line by the hyper-coordinated, nonstop mediation efforts of Pakistani and Qatari diplomatic teams.

The Secret Signatories: The Heavyweights Behind the Text

The finalisation of the draft text is the result of a highly unorthodox but effective diplomatic pipeline connecting the highest echelons of Washington and Tehran. Sources confirm that the consensus document has been formally cleared by a powerful cohort of top-tier negotiators from both sides.

Representing the Iranian establishment, Parliament Speaker Mohammad Bagher Ghalibaf anchored the legal parameters of the text on behalf of Tehran. On the American side, the White House deployed its most trusted inner circle to bridge the remaining gaps. US Vice President JD Vance, alongside White House Special Envoy Steve Witkoff and Special Representative Jared Kushner, actively spearheaded the final hours of the text review, reviewing concessions and establishing a baseline framework acceptable to both capitals.

The 30-to-60 Day Window: What Happens Next?

According to top intelligence officials, the impending 24-hour announcement will not represent a permanent, all-encompassing treaty but rather a rigid, foundational “letter of intent" designed to immediately freeze active hostilities. The strategic layout of the interim deal establishes an immediate 30-to-60 day negotiation window.

During this designated cooling-off phase, both nations commit to keeping the critical Strait of Hormuz open to international commercial traffic without maritime tolls or blockades. In return, the United States will initiate conditional, phased relief on specific banking assets. This window will be utilised by the same working group to hammer out the incredibly complex, long-term technicalities surrounding Iran’s highly enriched uranium stockpile and broader regional security guarantees.

With US Secretary of State Marco Rubio publicly acknowledging in New Delhi that “some work is being done" and that major news could break at any moment, the world is now watching the clock. Barring a last-minute tactical calculation by hardliners on either side, the next 24 hours could mark the official end of the West Asian war.

News world US-Iran Interim Peace Deal Ready, Joint Announcement Expected Within 24 Hours | Exclusive Details

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