Pakistan brokers US-Iran deal to extend ceasefire 60 days and reopen Strait of Hormuz, which handles 20% of global oil transit. Oil futures fall on

The US and Iran have agreed on a draft deal called the Islamabad Agreement, extending the ceasefire, reopening the Strait of Hormuz, and unlocking sanctions

Pakistan's PM Sharif confirms a final peace deal text between Iran and the US after months of negotiations, with implications for crypto and global markets.

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