Iran’s Foreign Minister Abbas Araqchi met Pakistan’s Interior Minister Syed Mohsin Naqvi in Tehran on Friday to discuss proposals aimed at ending the ongoing U.S.-Israeli conflict, according to Iranian media reports. The talks come as tensions remain high over Iran’s uranium stockpile and Tehran’s control of the strategically vital Strait of Hormuz.
Iranian news agencies Tasnim and ISNA reported that Naqvi delivered messages related to ongoing negotiations between Tehran and Washington. The Pakistani official is believed to be playing a diplomatic role in facilitating communication between both sides in hopes of creating a framework for peace and reducing regional instability.
U.S. Secretary of State Marco Rubio said there were “some good signs” in negotiations but warned that any attempt by Iran to impose tolls or restrictions in the Strait of Hormuz would make a diplomatic solution impossible. The waterway is one of the world’s most important energy routes, previously handling nearly 20% of global oil and liquefied natural gas shipments before the war disrupted traffic.
Oil prices continued rising on Friday as investors remained uncertain about the outcome of the peace discussions. Analysts say fears of supply disruptions and inflation are increasing pressure on global markets. The International Energy Agency recently described the conflict as the world’s worst energy shock in years, warning that fuel shortages could intensify during peak summer demand.
Meanwhile, U.S. President Donald Trump stated that Washington intends to seize or destroy Iran’s highly enriched uranium stockpile, which the U.S. claims could be used for nuclear weapons development. Iran continues to deny the accusations, insisting its nuclear program is for peaceful purposes only.
Tehran’s latest proposal reportedly includes demands for sanctions relief, compensation for war damages, access to frozen assets, and U.S. troop withdrawals. However, disagreements over uranium enrichment and shipping control in the Strait of Hormuz remain major obstacles to a final agreement.


Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment
Dollar Rises as Middle East Conflict Fuels Inflation and Rate Hike Fears
Trump Says U.S. Strikes on Iran Will Continue Until Nuclear Deal Is Reached
Gold Price Holds Near $4,000 as Middle East Tensions and Fed Rate Hike Bets Grow
Trump Tells Congress Iran Hostilities Restarted, Citing New 60-Day War Powers Window
Trump ICC Sanctions Challenged as Advocacy Groups File Free Speech Lawsuit
Ukraine, Europe Launch Freyja Missile Shield to Strengthen Air Defense Against Russia
Gold Price Holds Near Record High as Cooling U.S. Inflation Offsets Fed Caution
Dollar Slides as Softer US Inflation Dims Fed Rate Hike Expectations
Israel-Lebanon Talks Resume in Rome as Ceasefire and Troop Withdrawal Remain Elusive
South Korea’s KOSPI Triggers Trading Curb as AI Chip Stock Selloff Deepens
Western Allies Push for More Air Defenses for Ukraine at Paris Summit
Trump Administration Bars U.S. Travelers From Congo Flights Amid Ebola Outbreak
Asian Stocks Slide as Oil Surge, U.S.-Iran Tensions and Fed Rate Bets Weigh on Markets
China Q2 2026 GDP Misses Forecast as Weak Domestic Demand Offsets Export Strength
South Korea’s KOSPI Enters Bear Market Despite Remaining 2026’s Best-Performing Major Stock Index
Trump Administration Hands Over Key Evidence in Minnesota Immigration Shooting Investigations 



