Gulf War Memorandum Leak Sparks Global Tensions and Oil Price Shift

A leaked memorandum outlining terms to end the Gulf War appears to favor Iran, stirring criticism from U.S. President Donald Trump. The memorandum, yet to be finalized, omits key U.S. demands, including details on Iran’s uranium stockpiles. Despite escalating tensions, the proposal hints at resolving conflicts, impacting global oil prices.

Leaked details of a proposed memorandum aimed at ending the Gulf War have ignited controversy, largely favoring Iran, according to reports by Western, Pakistani, and Iranian sources. U.S. President Donald Trump criticized these reports as inaccurate, further straining relations amid already heightened tensions.

While the memorandum is not yet final, sources revealed unresolved issues, such as language on ceasing hostilities in Lebanon. Iran's demand for Israel to halt attacks against its ally, Hezbollah, remained a sticking point. Nonetheless, the drafts appear to accept terms proposed by Tehran, excluding critical U.S. demands regarding uranium stockpiles.

Trump's assertions on social media conflict with the leaked terms, claiming discrepancies with what was agreed upon. Meanwhile, Iran's Foreign Minister Abbas Araqchi confirmed progress toward a finalized memorandum but urged caution over speculation. The potential deal could see immediate economic relief for Iran if it upholds its obligations.