Peace Deal

Core Summary Pakistan Prime Minister Shehbaz Sharif announced on June 12 that the final text of a US-Iran peace deal has been agreed upon. This marks the most significant diplomatic breakthrough since the US-Iran conflict began in February 2026, with Pakistan serving as the core mediator throughout months of shuttle diplomacy. Event Details The Pakistani PM’s office issued a statement confirming that both sides have agreed on all terms of the peace deal. Pakistan is now working closely with both parties to finalize next steps. Sharif warned of ongoing misinformation campaigns aimed at sabotaging the peace process. ...

Trump Circulates Draft Iran Peace Deal to Israel and Key Allies According to The Washington Post, US President Trump has shared a draft Iran peace agreement with Israel and other Middle Eastern allies, signaling a potential major turning point in the months-long Iran crisis. The specific terms of the draft have not been made public, but sources indicate the framework involves restrictions on Iran’s nuclear program, reopening of the Strait of Hormuz, and a gradual lifting of US sanctions on Iran. In return, Iran would be required to accept international inspections and commit to halting nuclear weapons development. ...

[Flash] Oil Prices Slide as US-Iran Peace Deal Hopes Reduce Supply Risk Premium International oil prices fell sharply on Monday as progress in US-Iran peace negotiations reduced geopolitical risk premiums, BBC and Al Jazeera reported. Markets anticipate that a deal would significantly lower the risk of shipping disruptions in the Strait of Hormuz. For weeks, fears of blocked passage through the strait had kept oil prices elevated. Traders are now repricing that risk. Analysts note that oil could face further downside pressure if the agreement is formally signed. Asian equities rose on the back of lower energy costs. ...

Markets Rally as Iran Conflict Nears End Global financial markets swung dramatically on Tuesday as news of a potential Iran peace deal sent oil prices tumbling over six percent while major stock indices surged to new highs. The S&P 500 and Nasdaq both hit record closes, with the Nasdaq crossing the 25,000 milestone for the first time. The rally followed reports that Iran had submitted a 14-point peace proposal and that the Trump administration declared the conflict terminated. ...