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World News Today, International News Headlines | The HinduBusinessLine

Italy suspends defence pact renewal with Israel amid West Asia tensions Drone hits on Russia ports put Indian refining at risk: IEA Trump’s lawsuit over Wall Street Journal’s Epstein story has been dismissed Agreement cannot be reached overnight, talks should continue over West Asia crisis: UNSG Bling meets brink: Iran war casts shadow over luxury watch industry Iran oil hoard at sea shields China’s refiners from US blockade Next round of Iran-US negotiations expected soon: Khawaja Asif Trump begins Hormuz blockade even as US, Iran eye more talks US naval blockade of Iranian ports begins; UKMTO confirms enforcement France, UK to lead multinational mission to restore navigation in Strait of Hormuz: Macron IDF continues strikes on Hezbollah in southern Lebanon, launches ground ops in Bint Jbeil Israelis oppose Iran ceasefire, divided over whether to respect it, poll says Pope Leo says he does not fear Trump, citing Gospel as he pushes back in feud over Iran war Iran threatens ports in West Asia as US military set to impose shipping blockade What does a US naval blockade of Iran mean for oil flows? Vance-led talks helped build goodwill with Iran: report Iran war's global energy crisis sharpens China's advantage in clean tech 2 oil tankers attempt Hormuz exit after US announces blockade Chinese yuan pressured by safe-haven dollar as US-Iran peace talks break down US blockade of Iran will be major military endeavor, experts say Japan’s benchmark bond yield jumps to 29-year high as US-Iran talks collapse Crude oil tankers steer clear of Hormuz ahead of US blockade US announces maritime blockade of Iranian ports after talks fail Trump attacks Pope Leo, calls him ‘terrible’ and ‘weak’ Europe missed AI bus, but India has potential to catch up: Former WEF Director Iran aims to restore majority of refining capability within two months Trump shares article suggesting option with him to enforce naval blockade on Iran Iran-US talks in Pakistan ended without deal as Tehran cites ‘excessive demands’ from US Two supertankers U-turn in Hormuz as US-Iran talks break down Iran war diverts US military, attention from Asia ahead of Trump's summit with China's leader
Pakistan PM Sharif says US-Iran peace deal expected to be...
By Bloomberg · 2026-06-13 · via World News Today, International News Headlines | The HinduBusinessLine
Pakistan's Prime Minister Shehbaz Sharif

Pakistan's Prime Minister Shehbaz Sharif | Photo Credit: Hamad I Mohammed

The finalisation of a deal between the US and Iran is expected within the next 24 hours, Pakistan’s Prime Minister Shehbaz Sharif said on Saturday in a post on X.

Pakistan is preparing for the electronic signing of the peace deal “immediately after, followed by technical level talks next week,” Sharif added.

President Donald Trump has vowed numerous times that an agreement to end the war that began in February is near, only for progress to remain elusive. The primary US objectives are to reopen the Strait of Hormuz to maritime traffic and curb Iran’s nuclear program. 

Iran, meanwhile, insists on retaining a degree of control over the waterway and gaining immediate access to its frozen funds, while negotiations over the Islamic Republic’s uranium enrichment would take place after the interim deal is signed.

A senior Trump administration official said Friday there was an 80 per cent or 85 per cent chance Washington and Tehran would sign the pact soon. Iran’s Foreign Minister Abbas Araghchi echoed those expectations in a speech carried by state television on Friday, adding that the signing could take place in the coming days.

The US expects the deal will ensure Iran doesn’t have a nuclear weapons program but would let it maintain a civilian nuclear energy program, the senior American official said. It would also ensure enriched nuclear material is removed from the country and end both sides’ blockade of the Strait of Hormuz. If all terms are met, the US would ease sanctions on Iran and allow it to reintegrate into the global economy, according to the official.

Iran’s Foreign Ministry said Tehran was still reviewing the draft. The terms of the accord still need to be approved by Iranian Supreme Leader Mojtaba Khamenei, according to a European official familiar with the matter.

More stories like this are available on bloomberg.com

Published on June 13, 2026