Overview
- Pakistani and regional outlets reported a possible breakthrough linked to a high‑level visit to Tehran, and President Donald Trump publicly said Iran agreed to keep the Strait of Hormuz open while thanking Pakistan’s leadership.
- Iran’s Foreign Ministry rejected talk of sending enriched uranium to the United States, calling the material a national red line, and Iranian forces said ships must follow Iranian-designated routes with navy clearance.
- U.S. media reports described a draft trade‑off that could free up to about $20 billion in frozen Iranian assets if Tehran curbs enrichment, but none of the parties confirmed final terms and Iranian officials signaled key differences persist.
- Stocks jumped and crude prices fell sharply on the de‑escalation signals, with reported double‑digit drops in WTI and Brent, and Pakistan’s energy minister said lower fuel costs could follow if seaborne supply stays steady.
- Separately, after Bushra Bibi’s eye surgery in Rawalpindi, her lawyers asked the Islamabad High Court to fast‑track a decision on suspending her sentence and to allow family and legal access in custody.