The preliminary agreement, first announced by Prime Minister Shehbaz Sharif, is being hailed as a significant diplomatic breakthrough that could restore stability in the Middle East.

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.

If not projected well, diplomatic successes have a tendency of fizzling out.

Pakistani PM Shehbaz Sharif has announced a peace deal between the US and Iran