Pakistan, June 16 -- Saudi Arabia on Monday welcomed the US-Iran agreement and praised the mediation efforts of Pakistan and Qatar. The statement is significant as it reflects growing regional support for diplomatic efforts to reduce tensions. Middle Eastern stability, energy markets, and global diplomacy may be affected by the development.

The Saudi Foreign Ministry said it appreciates the role played by Pakistan and Qatar in facilitating dialogue between Washington and Tehran. Moreover, it noted the positive response from both the United States and Iran to these efforts. Officials described the progress as an important step toward regional de-escalation.

Furthermore, Riyadh called for restoring free movement in the Strait of Hormuz to...