The agreement, announced by US President Donald Trump and supported by mediators led by Pakistan, drew praise from across the globe. | World News

Pakistan is one of the key mediators between the U.S. and Iran as both sides have struggled to finalize a peace agreement since April.

This comes hours after mediator Pakistan said that the peace deal finalisation was in its final stages and would be signed within 24 hours. | World News

Oil prices have surged as shipping in the Strait of Hormuz has been cut off.

World leaders welcome US-Iran deal as Tehran says agreement includes end to fighting on all fronts, including Lebanon.

The president announced the breakthrough shortly after Pakistan’s PM said both sides had agreed to end hostilities “on all fronts”, with a deal set to be formally signed on Friday.

The US and Iran have reached a peace deal after intensive talks, according to Pakistani Prime Minister Shehbaz Sharif.

Pakistan, which has been negotiating peace talks between the US and Iran, says a deal to end the war has been agreed. Follow live.

Pakistan's Prime Minister announces a U.S.-Iran peace deal to end hostilities and reopen the Strait of Hormuz, impacting Lebanon.

Editor's note: This is a developing story and is being updated. The details of the peace agreement were not immediately available. The United States and Iran have reached a peace…

‘Ships of the World, start your engines,’ Trump wrote on Truth Social on Sunday afternoon

The agreement came after more than three months of stop-start negotiations and bouts of fighting since late February, roiling global energy and commodities markets.

US and Iran say memorandum of understanding to be signed on Friday, but no official terms yet released.

A dramatic diplomatic breakthrough is being claimed in the U.S.-Iran crisis, with President Donald Trump hailing what he called a “great deal” that he said would bring peace and…

Donald Trump is celebrating, but details of the peace deal remain unclear.

European officials reaffirmed the importance of reopening the Strait of Hormuz and the "resumption of maritime traffic," to be done "urgently" and "unconditionally," without any…

The agreement, announced by US President Donald Trump and supported by mediators led by Pakistan, drew praise from across the globe. | World News

The ceasefire and reopening of the Strait of Hormuz eased concerns of escalating conflict, possibly leading to lower oil prices

The Pakistan-mediated peace deal will be formally signed in Switzerland later this week

The major diplomatic breakthrough between Washington and Tehran was announced on Sunday, with President Trump saying that the agreement would bring "peace and security" to West…

World leaders praise the US-Iran peace deal, emphasizing its potential to stabilize energy markets and address nuclear concerns.