The United States and Iran have reportedly reached a preliminary agreement to extend their fragile ceasefire for another sixty days, marking a potentially significant step toward reducing tensions in the Middle East.
According to reports, the proposed arrangement is still awaiting final approval from US President Donald Trump and Iran’s leadership before it can officially take effect.
The draft memorandum reportedly includes plans to reopen commercial shipping through the Strait of Hormuz, one of the world's most important energy and trade routes.
The agreement would also ease some restrictions on Iranian oil exports and pave the way for a new round of negotiations focused on Tehran’s nuclear programme and broader regional security concerns.
The development comes despite recent military flare-ups in the Gulf that raised fears of a wider confrontation between the two countries.
Diplomats involved in the talks say cautious progress has been achieved, although major issues still remain unresolved and require further negotiations.
Pakistan and Oman have continued playing important mediation roles, helping facilitate communication and encourage dialogue between Washington and Tehran.
Officials say both countries have been working behind the scenes to prevent further escalation and support efforts aimed at maintaining stability in the region.
Global financial markets have reacted positively to reports of the proposed ceasefire extension, with investors viewing the development as a sign of possible de-escalation.
Analysts say that if approved, the agreement could help reduce tensions, improve regional security, and create momentum for broader diplomatic negotiations in the months ahead.
For now, international attention remains focused on whether both sides will formally endorse the proposal and move toward a longer-term political settlement.
