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U.S. and Iran agree roadmap for final deal, plan to end Lebanon military operations

The United States and Iran agreed a 60-day roadmap toward a final deal in the first round of negotiations under a memorandum of understanding signed last week. The two sides also said they had agreed to end military operations in Lebanon, extending a fragile ceasefire by 60 days. The Geneva talks, mediated by Qatar and Pakistan, mark the most concrete de-escalation step in months.

Dim corridor of an international meeting building in Geneva.
Dim corridor of an international meeting building in Geneva.Photo: Xabi Oregi / Pexels
CNBC Top News1 d agoBNO USO SPY

U.S. and Iranian delegations met in Geneva for the first round of talks under a memorandum of understanding signed last week, agreeing on a 60-day roadmap toward a final deal. Co-mediated by Qatar and Pakistan, the negotiations confirmed an extension of the fragile ceasefire by 60 days and the formation of technical committees to flesh out the framework.

The two sides also said they had agreed to halt military operations in Lebanon and establish deconfliction procedures on the ground. The move suggests a reset for a process rattled in recent weeks by White House threats of fresh strikes and Iranian warnings that its delegation would walk out.

Markets welcomed the news: Brent crude slipped below 80 dollars after the Geneva readout, while S&P 500 futures held flat. Qatar's foreign ministry and Pakistan's foreign minister said the 60-day calendar provided a concrete framework for a final comprehensive agreement.

GeopoliticsEnergyCommoditiesBNOUSOSPYNorth AmericaCNBC Top News
This article is an AI-curated summary of the original story published by CNBC Top News. The illustration is a stock photo by Xabi Oregi from Pexels and is not from the original story.

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