Optimism Grows for Iran Peace

A high-level Pakistani delegation led by the army chief has landed in Tehran, marking a critical phase in shuttle diplomacy aimed at extending a fragile two-week ceasefire.

While the White House has denied formally requesting an extension, officials acknowledge that productive conversations are ongoing to prevent a return to active hostilities.

The negotiations are complicated by Iran's demands for the recognition of its nuclear rights and the lifting of a U.S. naval blockade that has paralyzed its oil exports.

Global markets have responded with cautious optimism, as investors bet on a breakthrough that could reopen the vital Strait of Hormuz.