US and Iran signal deal close as Hormuz tensions flare

Pakistani Prime Minister Shehbaz Sharif claims a peace deal between the US and Iran is imminent, though US officials remain cautious. Tensions persist in the Strait of Hormuz, where US forces recently engaged Iranian drones.
Why it matters
A potential resolution to the US-Iran conflict would significantly alter geopolitical stability in the Middle East and global energy markets.
Pakistani Prime Minister Shehbaz Sharif has said that the United States and Iran have agreed to a framework for a peace deal that would end the months-long conflict in the Middle East, with a final text of the deal reached.
The article balances claims from multiple international sources and reports on conflicting military actions without taking a side.
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