Iran, US receive plan to end hostilities, immediate ceasefire

* Two-stage deal envisaged, ceasefire then final agreement

* Ceasefire could reopen Strait of Hormuz immediately

* Final deal in 15-20 days with nuclear curbs, sanctions relief

* Proposed 'Islamabad Accord' for settlement 

Iran and the United States have received a draft proposal that calls for a 45-day ceasefire and the reopening of the Strait of Hormuz to try and find a way to end the war, two Mideast officials have told The Associated Press.

The proposal comes from Egyptian, Pakistani and Turkish mediators working to halt the fighting, the two officials said. They hope the 45-day window would provide enough time for extensive talks between the countries to reach a permanent ceasefire.

Iran and the US have not responded to the proposal, sent late Sunday night to both Iranian Foreign Minister Abbas Araghchi and U.S. Mideast envoy Steve Witkoff, the officials said.

The officials spoke on condition of anonymity to discuss the private negotiations.

It remains unclear whether the sides would agree to such terms. Iran has insisted it will keep fighting until it receives financial reparations and a promise that it won't be attacked again. US President Donald Trump has threatened to bomb Iranian bridges and power stations this week.

The source told Reuters Pakistan's army chief, Field Marshal Asim Munir, has been in contact "all night long" with US Vice President JD Vance, special envoy Steve Witkoff and ​Iranian Foreign Minister Abbas Araqchi.

Under the proposal, a ceasefire would take effect immediately, reopening the Strait ‌of Hormuz, with 15-20 days to finalise a broader settlement. The deal, tentatively dubbed the "Islamabad Accord," would include a regional framework for the strait, with final in-person talks in Islamabad.

There was no immediate response from ⁠US and Iranian officials. Pakistan's foreign office spokesperson Tahir Andrabi declined comment.

Iranian officials have previously told Reuters that Tehran was seeking a permanent ceasefire with guarantees they will not be attacked again by the US and Israel. They have ​said Iran has ‌received messages from mediators including Pakistan, Turkey and Egypt.

The final agreement is expected to include Iranian commitments ‌not to pursue nuclear weapons in exchange for sanctions relief and the release of frozen assets, the source said.

Two Pakistani sources said Iran has yet to commit despite intensified civilian and military outreach.

"Iran has not responded yet," one ‌source said, adding proposals backed ‌by Pakistan, China and the United States for ⁠a temporary ceasefire have drawn no commitment so far.

There was no immediate response ‌from Chinese officials to requests for comment.

The latest diplomatic push comes amid escalating hostilities that have raised concerns over disruption to shipping through the Strait of Hormuz, a critical artery ⁠for global oil supplies.

US President Donald Trump has in recent days publicly pressed for a ​rapid end to the conflict, warning of consequences if a ceasefire is not reached within a short timeframe.

The conflict has heightened volatility in energy markets, with traders closely watching any ⁠developments that could affect flows through the strait.

Agencies