Pakistan Says Final Agreed Text of US-Iran Ceasefire Deal Reached to Reopen Hormuz and Extend Ceasefire 60 Days

Analysis
The MOU is unlikely to enter into force within 30 days. Iran's ratification requires sequential signoff from army headquarters, the IRGC, parliament, and the supreme leader, with no signing time or location announced. Competing official characterizations signal substantive gaps: Iranian state media asserted no new nuclear concessions while the US demands full dismantlement and uranium disposal. Israel's exclusion leaves Netanyahu holding leverage over the Lebanon ceasefire without having committed to any terms. Araghchi's caution may reflect negotiating tradecraft rather than internal discord, and the sequential approval process may be advancing at normal institutional pace. High confidence on the framework's existence rests on convergent official-statement sourcing, with remaining uncertainty concentrated on Iran's internal consensus process. Failure to close within 30 days leaves Hormuz economics and nuclear obligations unresolved, sustaining contingency sourcing pressure on import-dependent allies.