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US and Iran near peace deal with key terms on nuclear program and sanctions relief.

Market News
13 Jun 2026
Mohd Haider
View Source
Neutral
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Pakistan's Prime Minister Shehbaz Sharif confirmed a final draft of a US-Iran peace deal has been agreed upon, aiming to dismantle Iran's nuclear program, impose inspections, and end regional proxy funding. The deal would reopen the Strait of Hormuz and offer Iran economic relief and sanctions easing if it meets obligations. US Vice President JD Vance clarified no upfront cash is given to Iran; benefits depend on compliance. The agreement, supported by regional allies, has an 80-85% chance of signing soon, though internal Iranian complexities remain.

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