The United States and Iran have reached a mutual understanding agreement, marking a significant diplomatic breakthrough in the Middle East.
Pakistan, acting as the intermediary, confirmed the development on Sunday eveni.
Adding to the diplomatic developments, Swedish financial daily Dagens Industri reports that Middle East expert Anders Persson has characterized the US-Iran understanding as a significant diplomatic breakthrough.
However, Persson cautions that the path forward remains fraught with at least three major 'landmines' that could derail the fragile process.
As of Sunday evening, neither Washington nor Tehran has officially published the full text of the understanding, leaving markets to assess the practical implications for regional trade and energy flows based on preliminary descriptions from both sides.