A framework for a potential peace deal with Iran has emerged, potentially allowing US President Donald Trump to withdraw from a conflict that has proven unpopular domestically. The agreement could pave the way for a de-escalation of tensions in the region, offering a possible off-ramp for both the US and Iran. Global markets are responding positively to the news, anticipating a stabilization of energy prices which have risen sharply during the crisis. While details of the framework remain limited, the development suggests a shift in Trump’s approach to Iran. The move aims to reduce the risk of further military escalation. However, significant risks and challenges still remain in finalizing and implementing a lasting agreement. The situation remains fluid and subject to change.