Afghanistan, June 13 -- Pakistan's Prime Minister Shehbaz Sharif said a final text of a peace agreement between the United States and Iran has been agreed, raising hopes that weeks of military confrontation could be brought to an end.

According to Pakistani officials, the draft agreement has been finalized and discussions are now focused on implementing the next steps. Sharif's remarks came as diplomatic efforts intensified to secure a formal settlement between Washington and Tehran.

Iranian Foreign Minister Abbas Araghchi said a memorandum of understanding with the United States had "never been closer," but urged media outlets not to speculate about the contents of the proposed agreement. He stopped short of confirming that a final deal ...