Mediators are now working to finalize the agreement, which could include reopening the Strait of Hormuz, easing sanctions on Iran, and addressing Tehran’s nuclear program.
Pakistan has proposed a Rs3 trillion defence budget for fiscal year 2026-27, reflecting a 17.65% increase amid heightened security concerns, regional tensions and ongoing counterterrorism operations.
Pakistan’s prime minister said Friday the United States and Iran have agreed to wording of an agreement aimed at ending their war in the Middle East and that mediators were working with both sides to finalize a deal.
Iranian Foreign Ministry spokesman Esmail Baghaei has denied US President Donald Trump’s claim that the country’s leadership had approved a preliminary peace deal.
US President Donald Trump has cancelled planned strikes on Iran, saying talks with the Islamic Republic are moving forward with the country’s top leadership. The announcement came just hours after he again threatened to hit Iran “very hard.”