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Pakistan says US and Iran close to 'some sort' of deal despite attacks on shipping

Pakistan said talks are nearing a deal as Iran seeks compensation and a U.S. naval pullback, while shipping incidents continue to roil the waterway.

  • On Tuesday, Pakistan's Defense Minister Khawaja Asif told reporters in Islamabad that Iran and the United States are "close to some sort of arrangement" over the Strait of Hormuz, with "things shaping up in favor of peace."
  • Tehran's demands for reopening the Strait include lifting naval blockades on Iranian ports, releasing frozen assets, and providing compensation for war damages stemming from a now-lapsed interim peace deal agreed in June.
  • Central bank data shows year-on-year inflation recently reached 77%, while supertanker hiring costs on the Middle East-to-China route approached $500,000 per day, more than doubling prewar expenses.
  • In a sign of ongoing tensions, the navy received a report Tuesday of an incident involving a container ship in the Gulf of Oman, while a cargo vessel reported being hit off Yemen's Red Sea coast.
  • Anwar Gargash, senior diplomatic adviser to the president of the United Arab Emirates, warned the region "cannot remain indefinitely in a state of neither war nor peace," calling for "clarity in vision and direction.
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Lean Right

The United States and Iran have provisionally agreed to extend the 60-day truce, which expires on 17 August, and the parties have not yet determined how long a new period of silence will last.

·Kyiv, Ukraine
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Center

Pakistani security sources have said that the truce agreed in mid-June, as part of the US-Iran framework agreement, is to be extended, informs you, according to Agerpres.

·Bucharest, Romania
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  • 37% of the sources are Center, 37% of the sources lean Right
37% Right

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Reuters broke the news in London, United Kingdom on Tuesday, August 11, 2026.
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