ISLAMABAD: Financial markets witnessed an upsurge after the suggestion by Prime Minister Shehbaz Sharif on extending the deadline for the Iran-US peace talks. His proposal to extend the deadline of the talks has been welcomed by Iran and the United States. In addition, the proposal for a ceasefire by the two nations has been well-received by financial markets.
In a message through social media network X (Twitter), Prime Minister Shehbaz Sharif announced that he called for an extension of the two nations’ peace talks deadline by two weeks. The prime minister stressed the need to reduce the existing tension and make the region stable.
Diplomatic efforts for peaceful settlement of the ongoing war in the Middle East are progressing steadily, strongly and powerfully with the potential to lead to substantive results in near future. To allow diplomacy to run its course, I earnestly request President Trump to extend…
— Shehbaz Sharif (@CMShehbaz) April 7, 2026
The news about the extension of the deadline for Iran peace talks led to a surge in the performance of financial markets. In particular, prices of crude oil in the energy and commodities markets increased.
