THE ongoing peace talks between US and Iran in Islamabad represent one of the most consequential diplomatic engagements of the 21st century.

After nearly half a century of hostility marked by mistrust, sanctions, proxy conflicts and near-war scenarios, the mere fact that both the nations have come to the negotiating table signals an historic shift. With President Donald Trump directing US Vice President J.D. Vance to secure a positive outcome, the talks have acquired sense of urgency and strategic importance. At the heart of the optimism surrounding these talks lies the possibility of transforming entrenched enmity into a working relationship—if not outright friendship. A successful agreement would mark the end of one of the most enduring geopolitical rivalries since the Iranian Revolution of 1979. The symbolic power of a handshake between American and Iranian leadership would reverberate across the globe, signaling a new era of diplomacy over confrontation. Such a breakthrough would not only stabilize the Middle East but also reshape global alliances, economic corridors and security paradigms.

From an economic perspective, a positive outcome would unlock immense potential. Iran, long constrained by international sanctions, could reintegrate into the global economy, opening its vast energy reserves to international markets. This would likely stabilize global oil........

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