Sanctions relief is not meaningless, it’s one of the greatest concessions Iran could get out of this while conflict. Since WW2, the use of sanctions have been the key tool to slowly kill off adversarial regimes.
If Iran is able to earn, without restriction, they can execute on their $400 billion oil/gas development plan with China, and can then spend on whatever they deem they need.
Either way, the world, by and large hopes the news is true.
And for Pakistan’s sake, I hope this is not just an altruistic move, but one where Pakistan has made side agreements with Iran for the IPI pipeline to resume, at Iran’s expense, so Pakistan doesn’t face any sanctions once Trump leaves office, and Pakistan can buy discounted oil and gas.
For being potentially decisive in ending the war, I also hope Pakistan has gotten commitments to a modernization of a sizable portion of the Pakistan military to help protect the GCC, AND to gain back the support of local populations, via a military modernization and new force posture, as most of the GCC pivots (basically minus UAE) to trying to resolve the Palestinian issue, and not let Iran appear to have been the deciding factor.
Also, considering the impact on Iranians in the UAE, I hope Pakistan markets Gwadar as the international port Iranians can invest in, just outside Iran, to sustain economic activity, when not if, some threat of sanctions are sought to be put back upon them.
This war has to be the moment Pakistan markets itself, and especially Gwadar as the “Venice of the East” on the Silk Road, a true destination for trade and defense for all. Where cargo ships from the GCC AND Iran can be built and fly the flag of Pakistan and be protected by a robust and sizable Pakistan navy, as one of the major “net security providers” in the Arabian Sea if not the whole Indian Ocean.
This is also Pakistan’s moment, this is also Gwadar’s potential moment.