June 23, 2026

Pakistan's role in brokering a peace deal in the Iran war has led to widespread diplomatic acclaim that could bring Islamabad some economic benefits, but analysts question whether such gains can help resolve the fault lines in its economy.

Prime Minister Shehbaz Sharif and army chief Field Marshal Asim Munir attended talks between Iran and the US in the Swiss town of Bürgenstock last weekend, the culmination of Pakistan's months-long role in one of the world's most consequential diplomatic negotiations.

"This guy. What's up, man?" US Vice-President JD Vance said upon seeing Munir in the resort town before giving the army chief a hug.

Both sides, along with several world leaders, have thanked Islamabad for helping ease a conflict that could have disrupted the Strait of Hormuz for a long period, choked global oil supplies, and shattered the world economy.