Pakistan Interior Minister Mohsin Naqvi is scheduled to travel from Lahore to Tehran for further diplomatic discussions on a potential US‑Iran peace agreement.
The trip follows two meetings with Iranian Interior Minister Eskandar Momeni in Kyrgyzstan and earlier visits to Iran in April and May meeting President Masoud Pezeshkian and Foreign Minister Abbas Araghchi.
The diplomatic push was intensified after Prime Minister Shehbaz Sharif proposed a two‑week cease‑fire between Iran and the United States in April 2026.
Secret talks in Islamabad between Iranian and US delegations ended without agreement after 21 hours of negotiations.
Iran’s Foreign Ministry spokesperson Esmaeil Baqaei said a memorandum of understanding to end the conflict is in final drafting stages.
US forces recently shot down four Iranian drones and intercepted seven missiles aimed at Bahrain and Kuwait.
An adviser to Iran’s supreme leader stated a US‑Iran peace deal depends on the Trump administration releasing $24 billion of frozen Iranian assets.
US President Donald Trump expressed optimism, claiming the conflict will wrap up soon and that Iran’s missile capability is reduced to about 21‑22 %.
Stock Market Impact
Heightened geopolitical tension and uncertainty over the US‑Iran peace process could increase volatility in regional equity markets and oil prices.
Any progress toward a peace deal may lift risk‑off sentiment, potentially benefiting energy stocks and emerging‑market indices.
