PM Shehbaz signs Iran–US agreement MoU as mediator

Prime Minister Shehbaz Sharif. File photo
Prime Minister Shehbaz Sharif. File photo
| Published June, 18 2026 | Updated 14 hours ago
ISLAMABAD (Web Desk): Prime Minister Shehbaz Sharif has signed the Islamabad Memorandum of Understanding between Iran and the United States in his role as a mediator, according to an official statement from the Prime Minister’s Office.

PM Shehbaz signs Iran–US MoU as mediator, helping finalise deal to end conflict and reopen Strait of Hormuz.

The statement said the signatures of US President Donald Trump and Iranian President Masoud Pezeshkian were already present on the document before Pakistan’s final endorsement as mediator.

It added that both the United States and Iran had already signed the agreement ahead of schedule, formally ending the conflict and agreeing to reopen the Strait of Hormuz. The MoU has now come into effect.

 

Also Read: Muharram security tightened as 14,000 police deployed in Rawalpindi region

According to details, US President Donald Trump signed the Iran–US Memorandum of Understanding in the presence of French President Emmanuel Macron during the signing process.

Meanwhile, Iranian state media also released images confirming that President Masoud Pezeshkian had signed the agreement, marking Iran’s official participation in the peace arrangement.

Officials described the development as a major diplomatic breakthrough. They said the agreement aims to end hostilities and restore regional stability through negotiated settlement and cooperation.

Currency / Metal / Petrol Rates
Currency → PKR
Currency Pair Rate (PKR) Change
🇺🇸 US Dollar USD → PKR 278.30
🇪🇺 Euro EUR → PKR 319.88 ▼ 2.87
🇬🇧 British Pound GBP → PKR 369.50 ▼ 3.67
🇸🇦 Saudi Riyal SAR → PKR 74.18
🇦🇪 UAE Dirham AED → PKR 75.78
🇨🇳 Chinese Yuan CNY → PKR 41.18
Current Metals
Metal Unit Price (PKR) Change
Gold 24K Per Tola 450,253
Gold 22K Per Tola 412,732
Gold 21K Per Tola 393,972
Gold 18K Per Tola 337,690
Silver Per Tola 7,291
Platinum Per oz (USD) 1,768
Current Petrol
Fuel Type Unit Price (PKR) Change
Petrol Super Per Litre 373.78
Diesel HSD Per Litre 275.54
High Octane Per Litre 445.00
Kerosene Per Litre 313.44
LPG Per Kg 303.81
LDO Per Litre
Must Read