Gulf and European officials see US needing 6 months for Iran deal, Bloomberg reports, citing officials

The insight that Gulf and European officials expect a US-Iran peace deal to take about six months highlights a potential timeframe for diplomatic resolutions, crucial in easing tensions.

Newsquawk StaffPublished 16 Apr 2026, 16:53 UTCOn the live feed at 16:33 UTC — 2 more headlines followed before this page went public

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Gulf and European officials see US needing 6 months for Iran deal, Bloomberg reports, citing officials

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Some Gulf Arab and European leaders believe that a US-Iran peace deal will take about six months to be agreed and that the sides should extend their ceasefire to cover that timeframe.
The leaders want the vital Strait of Hormuz opened immediately to restore energy flows and are warning in private that a global food crisis may develop if that doesn’t happen by next month.
Gulf states believe Iran is looking to build a nuclear weapon and that hasn’t changed in the wake of the US-Israeli bombardment of the country, said the officials
Gulf leaders are mostly against any return to fighting and want the US to pursue diplomacy with Iran, said the officials.

Context

Immediate concerns over the Strait of Hormuz being open suggest a risk to energy supplies and could impact commodities pricing if disruptions occur. Any escalation or failure to secure peace could exacerbate already strained food supplies, further driving global inflation pressures.

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