Pakistan, USA and Iran
Persian Gulf nations and Pakistan
are working to transform a fragile truce in the Iran war into a permanent peace deal, with US President Donald Trump signaling that the conflict may end soon.
A lasting peace deal has remained elusive, keeping global energy markets on edge and oil prices elevated, with the United Arab Emirates, Qatar, and Saudi Arabia appealing to Trump to allow more time for negotiations.
Bloomberg 23 May 2026
Pakistan’s powerful military chief Field Marshal Asim Munir arrived in Tehran on Friday.
Washington’s Gulf allies, which have borne the brunt of Tehran’s attacks, fear that a resumption of US-Israeli strikes would cause Iran to retaliate by striking them and exacerbate the worst global energy crisis in decades.
Iran’s demands for a deal include the lifting of US sanctions, an end to the war “on all fronts” — a reference to Israeli strikes in Lebanon — and for Tehran’s “management” of the strait, including charging a fee to ships transiting the chokepoint.
The US has been demanding that Iran agree to a 20-year moratorium on its nuclear enrichment programme, that it transfer its stockpile of highly enriched uranium out of the country and dismantle its three main nuclear facilities at Natanz, Fordow and Isfahan.
It has also vehemently rejected any tolling system for the strait.
Financial Times 22 May 2026
https://www.ft.com/content/4fd37931-1f30-43e7-92ed-3ae26c87a00f?syn-25a6b1a6=1

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