Iran's foreign minister and the US president have indicated that a deal to end the ongoing conflict in Iran may be imminent, with mediators in Pakistan working on finalizing the next steps.

Context

The statements from both nations suggest a significant shift in diplomatic relations, potentially paving the way for a resolution to the longstanding tensions.S1S2

Key points

• Iran's foreign minister claims a deal with the US is closer than ever.S2

• The US president has echoed sentiments of an imminent agreement.S1

• Mediators in Pakistan are involved in finalizing the next steps of the agreement.S1

• The discussions come amid heightened tensions and previous hostilities between the two nations.S2

• Both sides appear to be motivated by a desire to stabilize the region.S1

• The potential agreement could have significant implications for US-Iran relations.S2

• Iran's leadership is reportedly optimistic about the negotiations.S1

• The situation remains fluid, with ongoing diplomatic efforts being closely monitored.S2

Why it matters

• A successful agreement could lead to reduced hostilities in the region.S1

• It may also open avenues for further diplomatic engagement between Iran and the US.S2

• The outcome could impact global oil markets and international relations.S1

What to watch

• Monitor statements from both the Iranian and US governments for updates on negotiations.S1

• Watch for reactions from regional allies and adversaries regarding the potential deal.S2

• Keep an eye on the role of mediators in Pakistan as discussions progress.S1