Macro Finance
Iran, US Harden Stances as Pakistan Says Deal Is Near
Bloomberg Markets·August 12, 2026·1 min read
Pakistan's defense minister stated that the US and Iran are "close to some sort of arrangement" over the Strait of Hormuz, despite both sides appearing to toughen their positions in long-deadlocked negotiations. Bloomberg's Abeer Abu Omar reported the development, indicating potential progress in the ongoing talks between the two nations.
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