Pakistani Prime Minister Shehbaz Sharif said on X that the US-Iran agreement is expected to be finalized within the next 24 hours. Pakistan is actively preparing to proceed with an electronic signing immediately after the agreement is reached and plans to begin technical-level negotiations next week. Meanwhile, the Iranian Foreign Ministry spokesperson did not rule out the possibility of signing a memorandum of understanding (MOU) in the coming days. The MOU focuses on ending the current phase of the war and does not address nuclear issues. It seems like there’s indeed progress in the negotiations—let’s see when the MOU can actually be signed. At this point, the market probably doesn’t care whether the Strait of Hormuz is reopened for free or with a fee; what matters is that passage can resume.