Some geopolitical analysts say signals from Pakistan suggest a possible breakthrough in the coming hours, with Egypt, Turkey, Saudi Arabia and reportedly Beijing involved.

The suggestion of a potential ceasefire, involving major players like Egypt, Turkey, Saudi Arabia, and China, could shift market sentiment significantly if confirmed.

Newsquawk StaffPublished 7 Apr 2026, 09:03 UTCOn the live feed at 08:43 UTC — 3 more headlines followed before this page went public

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08:50

Pakistani reporter Anas Mallick suggests that, "to my understanding, the interlocutors (Pakistan, Turkiye and Egypt) are 'closer than ever for an agreement' to get a "framework of understanding for ceasefire" between US and Iran"

08:47

Israeli Source tells N12 news "The next 24 hours are the most decisive in the war, if it were up to political leadership in Iran, there would have been a ceasefire long ago, there is doubt about their control", N12's Segal reports

08:43

Some geopolitical analysts say signals from Pakistan suggest a possible breakthrough in the coming hours, with Egypt, Turkey, Saudi Arabia and reportedly Beijing involved.

08:39

[MARKET ANALYSIS] European bourses gain ahead of Trump's Iran deadline, UMG NA surges on PSH LN bid; US equity futures flat

08:37

Iran's Spokesperson of the National Security Commission of the Parliament says "we are making special arrangements for the Strait of Hormuz", via Tasnim

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Says that a ceasefire could be near, but the situation remains early and fragile, so caution is warranted.

Context

While the breakthrough is still tentative, cautious optimism might lead to energy price fluctuations, particularly in WTI, as traders react to the reduced risks surrounding supply chains. Keep an eye on how this develops, as any concrete agreement could have broader implications for regional stability and commodity markets.

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