BREAKING NEWS
Advertise with us >

US-Iran ceasefire nears deadline as Islamabad set to host crucial round of talks

US-Iran ceasefire

Islamabad: The fragile ceasefire between the United States and Iran is nearing its expiration, with just one day remaining before the deadline, while a second round of high-stakes negotiations is likely to begin in Islamabad.

The current truce is set to expire at midnight on April 21, placing urgency on both sides to reach a decision on its extension. Officials indicate that the future of the ceasefire will be determined during upcoming talks between the two countries.

Sources suggest that the second round of negotiations is expected to commence in Islamabad, with a U.S. delegation scheduled to arrive later today. U.S. President Donald Trump has confirmed that his negotiating team is heading to Pakistan for the discussions.

The talks aim to de-escalate tensions and potentially transform the temporary ceasefire into a long-term peace agreement.

The first round of negotiations, previously held in Islamabad, ended without a final deal but both sides agreed to continue diplomatic engagement.

Meanwhile, stringent security arrangements have been put in place in the federal capital. Movement in the Red Zone has been restricted, and additional personnel have been deployed at sensitive locations, signaling the significance of the anticipated .

Diplomatic efforts by Pakistan continue to intensify, with Prime Minister Shehbaz Sharif recently holding a telephone conversation with Iranian President Masoud Pezeshkian.

Deputy Prime Minister Ishaq Dar has also engaged with counterparts from multiple countries, including Saudi Arabia, Egypt, and Türkiye, to facilitate dialogue.

While some concerns have been raised by Iran over recent developments, officials remain hopeful that Pakistan’s diplomatic initiatives will help bring both sides closer to a lasting resolution.

PSX surges over 12,000 points on US-Iran ceasefire

PSX surges

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a dramatic surge in trading today following the announcement of a two-week ceasefire in the Middle East, brokered by Pakistan.

After U.S. President Donald Trump announced the halt of military action against Iran, PSX saw a strong upward trend, reflecting investor confidence.

On the third day of the trading week, the PSX 100 Index jumped by over 12,000 points at market open.

Trading was temporarily paused due to the surge and resumed at 10:42 AM. Currently, the PSX 100 Index stands at 164,000 points after a gain of 12,362 points.

Global markets also reacted positively: Japan’s Nikkei index rose 5% to 55,960 points, New Zealand’s DJ index increased 2.5%, and Australia’s ASX climbed 2.65%.

The rally follows Pakistan’s successful mediation, after which Iran agreed to a two-week ceasefire and permitted the passage of ships through the Strait of Hormuz, signaling a temporary easing of regional tensions.