Mediators report that the United States and Iran have agreed on a comprehensive plan designed to lead to a final peace agreement within 60 days.
The development marks a significant shift from the sharp rhetoric that characterized recent negotiations at Bürgenstock, suggesting a concrete path forward for diplomatic resolution.
The agreement, confirmed by intermediaries including Pakistan, establishes a clear timeline for resolving outstanding disputes.
This structured approach aims to stabilize the region and reduce the geopolitical uncertainty that has weighed on global markets.
The 60-day window provides a defined period for both parties to implement the agreed-upon measures.
Markets are likely to respond to the reduced risk of escalation in the Middle East.