A tentative peace agreement between the United States and Iran has sparked cautious optimism around the world, with political leaders, international organizations, and regional governments welcoming what they describe as an important opportunity to end months of conflict and restore stability to global energy markets. The preliminary memorandum, which is expected to be formally signed in Switzerland later this week, would establish a 60-day ceasefire, reopen the Strait of Hormuz to international shipping, and launch broader negotiations on Iran’s nuclear program and sanctions relief.

US and Iran are close to a peace deal memorandum, with Geneva likely as venue, as talks include ceasefire, sanctions relief and oil market impact.

European leaders have signaled a willingness to ease sanctions if Tehran takes verifiable steps on its nuclear program, while regional mediators are urging both sides to maintain…

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

A significant peace deal has been struck between the United States and Iran. This agreement aims to end their war and reopen the vital Strait of Hormuz. International leaders have…

Global markets are optimistic about a new peace framework involving Iran, easing energy supply and geopolitical concerns. Investors welcome reduced Middle East risk, though Iran's…

Promise of US Iran deal, a big relief