"The White House received positive feedback from Pakistani mediators on Tuesday that the Iranians were progressing toward a compromise" CNN's Treene reports citing officials
The positive feedback from Pakistani mediators suggests that Iranian negotiations may be moving forward, which could imply a lessening of tensions in the region.
Iran and the US are working with mediators to hammer out a one-page, 14-point memorandum of understanding that would lay out a framework for a monthlong period of talks to end the war, via WSJ citing sources
Newsquawk Daily Economic Releases - 7th May 2026
"The White House received positive feedback from Pakistani mediators on Tuesday that the Iranians were progressing toward a compromise" CNN's Treene reports citing officials
US President Trump says that Iran war has a good chance of ending, PBS reports; he feels US is closing in on a deal with Iran
Japan is reportedly to purchase 20mln barrels of UAE oil to bypass the blockade in the Strait of Hormuz, Nikkei reports
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This development might influence risk sentiment across various asset classes, particularly in commodities and currencies, as a compromise could potentially stabilize oil markets and improve relations in the EU and US contexts.
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