The prospect of ending the conflict in the Middle East is improving as Israel discusses the possibility of a ceasefire with Lebanon, in the context of continued diplomatic efforts being promoted.
A senior Israeli official said on April 16 that the country's cabinet had met to consider a ceasefire in Lebanon, where fighting with Iranian-backed Hezbollah forces has lasted for more than 6 weeks. According to Lebanese officials, an agreement could be announced soon.
The cessation of hostilities in Lebanon was a major disagreement in previous negotiations, along with the issue of Iran's nuclear program. However, the White House assessed that the exchanges mediated by Pakistan are taking place positively. White House Press Secretary Karoline Leavitt said that the dialogues are still ongoing, but has not confirmed the timing of the next round of direct talks.
Pakistan's mediating role continues to be emphasized as Pakistan Army Chief of Staff Asim Munir is present in Tehran to narrow differences between the parties. Mr. Abbas Araqchi also affirmed Iran's commitment to promoting peace and stability in the region.
The conflict broke out after the US and Israel launched an operation targeting Iran, followed by retaliatory strikes from Tehran and a renewed outbreak of fighting between Israel and Hezbollah. The most recent negotiations have not reached an agreement, but recent progress has raised expectations for a solution.
The impact of the conflict spread to the global market. The stock index on Wall Street reached a record high amid expectations of an early end to the war, while oil prices showed signs of stabilizing.
Regarding the Strait of Hormuz, President Donald Trump said he is making efforts to reopen this strategic transport route, and warned that pressure could increase if the conflict continues. Iran has now restricted traffic through the region, significantly affecting global energy supplies.
Meanwhile, the nuclear issue continues to be a major obstacle. The US proposed suspending Iran's nuclear activities for 20 years, while Tehran offered a plan of 3 to 5 years, with the requirement to lift sanctions. Some sources said that behind-the-scenes exchanges have helped narrow the gap, paving the way for a potential agreement in the next rounds of negotiations.
