The United States and Iran have agreed on a comprehensive roadmap aimed at concluding the ongoing conflict within 60 days, according to a joint statement from mediators Qatar and Pakistan.
The announcement, made early Monday, signals a significant de-escalation in a geopolitical flashpoint that has weighed heavily on global risk sentiment.
The High Level Committee, facilitated by the two mediating nations, confirmed the framework during recent negotiations, moving the process from tense rhetoric toward a structured peace agreement.
For markets, the development offers a potential catalyst for reducing the geopolitical risk premium embedded in energy and shipping assets.
Investors have closely monitored the Strait of Hormuz and regional stability, with any progress toward a final deal likely to support a normalization in freight rates and crude oil volatility.
The shift from confrontation to negotiation reduces the immediate threat of supply disruptions in the Persian Gulf.