Srinagar, June 16 -- The announcement of a landmark peace deal between the United States and Iran marks a rare diplomatic breakthrough in one of the world's most volatile geopolitical flashpoints. After months of intense conflict that disrupted global energy flows, threatened shipping in the Strait of Hormuz, and destabilised West Asia, both sides have now agreed to halt hostilities and begin a structured negotiation process. The development has triggered cautious optimism across global capitals, energy markets, and conflict-ridden regions. At the heart of the agreement lies a pragmatic convergence of interests. The reopening of the Strait of Hormuz-a lifeline for nearly a quarter of global oil trade-has immediate economic implications. O...