US-Israel Peace Proposal for Iran War on 25 March 2026

Key facts

• The United States (US) and Israel initiated a military conflict against Iran on 28 February 2026.
• United States President Donald Trump proposed a 15-point peace plan delivered to Iran via Pakistan, suggesting a one-month ceasefire.
• The plan mandates the dismantling of Iranian nuclear enrichment facilities at Natanz, Isfahan, and Fordow.
• The proposal requires Iran to surrender its enriched uranium stockpile to the International Atomic Energy Agency (IAEA).
• The Islamic Revolutionary Guard Corps (IRGC) closed the Strait of Hormuz to shipping at the start of the conflict, later permitting passage for Indian, Pakistani, and Chinese-flagged vessels.
• Brent crude oil prices rose from a pre-war benchmark of approximately $65 to over $100 per barrel during the hostilities.
• Mojtaba Khamenei was appointed as the new Supreme Leader of Iran following the death of Ayatollah Ali Khamenei on 28 February 2026.
• The Bushehr civil nuclear plant, located 750 kilometres south of Tehran, is the only commercial nuclear power facility in Iran.
• The Joint Comprehensive Plan of Action (JCPOA) is the 2015 nuclear agreement from which the US unilaterally withdrew in 2018.
• The 15-point plan includes the removal of sanctions and the ending of the United Nations (UN) mechanism for reimposing them.
• The Iranian health ministry reported 1,500 fatalities and 18,551 injuries in Iran as of 25 March 2026.