Iran's foreign minister Seyed Abbas Araghchi said a deal to end fighting with the United States is "never been closer" after weeks of high‑level talks.
Pakistani Prime Minister Shehbaz Sharif, who has been mediating, confirmed that a final, agreed‑upon text of the peace deal has been reached and that Pakistan is now working closely with both sides to finalize next steps.
The United States repeatedly warned that Tehran was leaking details of the deal and that no immediate financial benefits would be paid until Iran fully complied with its obligations.
According to Iranian media, the alleged agreement would lift the U.S. naval blockade and provide up to $300 billion in compensation for damage caused by U.S. and Israeli strikes.
The deal also calls for an end to Israeli conflict with Iran‑backed Hezbollah in Lebanon, and the removal of nuclear material and sanctions relief, as part of a broader framework endorsed by a U.N. Security Council resolution.
U.S. officials emphasize that the agreement is performance‑based, rewarding Iran for dismantling nuclear programs and for cooperating on regional security.
Both sides hope the agreement will stall in the coming weeks, amid occasional sporadic clashes that have rattled the ceasefire established in April.
