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Iran, US Harden Stances as Pakistan Says Deal Is Near

Bloomberg Markets Wednesday 12 August 2026, 04:05 UTC 1 min read
Key Points

Pakistan’s defense minister said the US and Iran are “close to some sort of arrangement” over the Strait of Hormuz, even after both sides appeared to toughen their positions in the long-deadlocked negotiations. Bloomberg's Abeer Abu Omar has the latest.

Pakistan’s defense minister said the US and Iran are “close to some sort of arrangement” over the Strait of Hormuz, even after both sides appeared to toughen their positions in the long-deadlocked negotiations.  Bloomberg's Abeer Abu Omar has the latest. (Source: Bloomberg)
Iran (LOCATION) US (LOCATION) Harden Stances (PERSON) Pakistan (LOCATION) the Strait of Hormuz (LOCATION) Bloomberg (ORG) Abeer Abu Omar (PERSON)
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