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.
The United States has emerged as the world’s leading oil exporter, overtaking Saudi Arabia and Russia for the third consecutive month. The shift marks a major transformation in global energy politics as Washington gains new leverage through its expanding oil exports.
A Pakistan Army Mi-17 helicopter crashed near Muzaffarabad in Pakistan-administered Kashmir, leaving no survivors. Military authorities have launched an investigation to determine the cause of the fatal accident.
The Iranian military has been “completely defeated,” US President Donald Trump has claimed, warning Tehran it will “pay the price” for delaying a deal with Washington.
