Pakistan Emerges as Key Mediator in Push to End Hormuz Crisis

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Neutral
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94%
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Short Term
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The United States and Iran have both received via Pakistan a plan for an immediate ceasefire that could reopen the Strait of Hormuz, Reuters reported on Monday, citing a source with knowledge of the proposals. The plan could come into effect as early as today and allow an opening of the Strait of Hormuz, the world’s most vital oil and LNG chokepoint, according to the Reuters source. Under the provisional so-called ‘Islamabad Accord’, an immediate ceasefire could come into effect, allowing for talks to continue for up to another…

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Original article published by OilPrice.com on April 6, 2026.
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