Pakistani Foreign Ministry says "We expect an urgent agreement between Iran and the United States", Al Araby reports

The Pakistani Foreign Ministry's anticipation of an urgent agreement between Iran and the United States signals potential rapprochement that could influence regional stability and energy markets.

Newsquawk StaffPublished 7 May 2026, 07:39 UTCOn the live feed at 07:19 UTC — 7 more headlines followed before this page went public

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07:30

EU HCOB Construction PMI (Apr) 41.7 (Prev. 44.6); the start of Q2 "brought a sharp intensification of price pressures..."

07:30

Riksbank maintains its Policy Rate at 1.75% as expected, "there is scope to wait until there is a clearer picture", "current level of the policy rate gives a good initial position to adjust monetary policy if required to safeguard the inflation target"

07:19

Pakistani Foreign Ministry says "We expect an urgent agreement between Iran and the United States", Al Araby reports

07:15

[MARKET UPDATE] Crude continues falling alongside the DXY, whilst equity and fixed income futures rise further following reports that US and Iran are said to be closer to reaching an understanding on the Strait of Hormuz

07:10

[PREVIEW] Riksbank Policy Decision on Thursday, 7th May.

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Context

Given Iran's role in global oil supply, such an agreement could lead to easing sanctions, impacting WTI prices and broader commodity dynamics. Watch for market reactions in oil and related assets as developments unfold.

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