US Secretary of State Marco Rubio is set to begin a diplomatic tour of Gulf countries to defend Washington’s emerging Iran agreement. The visit comes as key US allies in the region express concern over the terms of the deal. The development is significant because it could reshape long-standing security and energy alignments in the […]
Iran-US deal
Iran deal includes $300bn fund
A $300 billion private investment fund is included in a US-Iran framework agreement aimed at ending the ongoing conflict and restoring economic ties, according to a source familiar with the deal. The proposal is designed to encourage long-term investment in Iran while supporting the broader peace process. The development underscores the economic dimension of efforts […]
Iran outlines key terms of draft US agreement
DUBAI: Iran has revealed details of a draft memorandum of understanding with the United States, outlining measures related to sanctions relief, nuclear activities, financial assets and the reopening of the Strait of Hormuz as part of efforts to end months of conflict. According to a senior Iranian official, the draft agreement establishes a framework for […]
Trump claims Iran deal signing today
US President Donald Trump and Pakistan have announced that an initial agreement to end the Middle East conflict will be signed on Sunday. However, Iran has rejected the timeline and questioned the timing of the proposed signing. The development highlights deep uncertainty over the status of the high-stakes diplomatic process involving the United States, Iran, […]
PSX gains over 6,000 points on Iran US deal optimism
The Pakistan Stock Exchange (PSX) posted a strong performance during the outgoing trading week, with the benchmark KSE-100 Index gaining more than 6,000 points amid investor optimism surrounding a potential agreement between the United States (US) and Iran. Read More: PSX gains over 2,200 points on first trading day after Eid According to the weekly market […]