India, June 15 -- In a dramatic diplomatic breakthrough that could reshape the geopolitical landscape of the Middle East, the United States and Iran have reportedly agreed on a framework aimed at ending hostilities, lifting the American blockade on Iran, and reopening the strategically vital Strait of Hormuz. The preliminary understanding has generated cautious optimism across global markets and diplomatic circles, even as critical questions surrounding Iran's nuclear programme remain unresolved.

The announcement came after U.S. President Donald Trump declared on his Truth Social platform that a deal with the Islamic Republic of Iran had been completed. Shortly thereafter, Pakistani Prime Minister Shehbaz Sharif, whose government played ...