"Pakistani source to Al Arabiya says Iran may hand over its response to the US proposal to the Pakistani mediator today", Al Arabiya

The news that Iran may respond to the US proposal through a Pakistani mediator suggests some potential progress in diplomatic discussions, though it remains indirect.

Newsquawk StaffPublished 7 May 2026, 07:56 UTCOn the live feed at 07:36 UTC — 4 more headlines followed before this page went public

Newsquawk headlinesUTC

07:41

Pakistani Foreign Ministry Spokesperson says "We have not yet received a response from Iran regarding the US amendments", Al Jazeera reports

07:40

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

07:36

"Pakistani source to Al Arabiya says Iran may hand over its response to the US proposal to the Pakistani mediator today", Al Arabiya

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"

07:30

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

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"No arrangements for any direct meetings between the Iranians and the Americans so far."
"Contacts with the Iranians are ongoing and there are no obstacles hindering continued".
"Discussions are ongoing regarding the status of the Strait of Hormuz, and reaching understandings is still possible".

Context

This could have implications for market stability, particularly in energy markets, as ongoing talks regarding the Strait of Hormuz indicate a focus on key shipping routes. Any breakthroughs might influence oil prices, especially if they suggest a path to de-escalation or agreement.

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