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.

Iranian Foreign Minister Abbas Araghchi stated the deal had “never been closer” amid Pakistan’s sustained mediation efforts. US Secretary of State Marco Rubio confirmed Pakistan as the recognized “primary mediator.”

A Qatari negotiating team has arrived in Tehran to help resolve remaining differences. The deal is expected to end the Strait of Hormuz blockade and ease global energy market tensions.

Panoramic Analysis

The US-Iran peace deal represents a major reshaping of Middle East geopolitics. Since the February conflict, global oil prices have been volatile, with Brent crude exceeding $120 per barrel at its peak. Asian trade routes were severely disrupted.

Pakistan’s diplomatic role is particularly noteworthy. As a country maintaining relations with both the US and Iran, Islamabad has successfully positioned itself as a credible mediator — a first in South Asian diplomatic history. Pakistan Army Chief Asim Munir personally traveled between Washington and Tehran to advance negotiations.

Economically, the reopening of the Strait of Hormuz will significantly reduce global energy transport costs, with Brent crude expected to fall below $85 per barrel.

Multiple Perspectives

US Position: White House Press Secretary Karoline Leavitt confirmed additional talks may continue in Islamabad or Geneva. President Trump said the world should brace for “amazing two days.”

Iran Position: Foreign Minister Araghchi emphasized the deal had “never been closer” while warning of misinformation campaigns.

Pakistan Position: PM Sharif stated “peace has never been this close” and warned of “saboteurs,” widely interpreted as referencing Israel.

Market Reaction: Oil prices fell sharply on the news, while global stock futures rose.

Editor: GoodInfo Global News Team

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.

Trump has previously declared the Iran conflict “terminated,” but stressed that a final peace deal still requires negotiation and confirmation by all parties. US Secretary of State Rubio, currently in Rome meeting with the Pope, is also expected to discuss the Middle East situation.

Iran has not yet issued an official response to the draft. The two sides have conducted multiple rounds of negotiations under Pakistani mediation, but key disagreements remain. The international community has broadly called for a swift peace agreement to ease global energy price surges and economic uncertainty driven by the Iran conflict.

Financial markets reacted positively to the news. The Nasdaq led gains on the day, with investors betting that easing Middle East tensions would reduce inflationary pressures and drive economic recovery.

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.

Source: BBC World, Al Jazeera, CoinDesk

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.

Brent and WTI crude both plunged sharply, erasing weeks of gains accumulated during the Strait of Hormuz military standoff. Oil had previously surged to its highest levels since 2022, stoking fears of renewed global inflation.

Crypto markets also benefited from the risk-on sentiment, with Bitcoin climbing back above $82,000. The broader digital asset market saw double-digit rallies in privacy coins ZEC and DASH.

However, some analysts cautioned that the peace agreement details are not yet finalized, and markets could see volatility as negotiations continue. Investors are closely watching for concrete steps toward reopening the Strait of Hormuz and the actual implementation of the ceasefire terms.