Pakistan Resumes Mediation in US-Iran Conflict with Iran
Pakistan has resumed mediation in the US-Iran conflict and restarted diplomatic contacts surrounding the Strait of Hormuz. On the 24th, General Asim Munir, the Chief of Army Staff of Pakistan, and Minister of Interior Mohsin Naqvi visited Tehran, Iran. After their meeting, Minister Naqvi stated that there had been positive discussions and 'significant progress.' However, no specific agreement was made public. The Iranian side emphasized the need for a change in the US approach, asserting that the US must comply with international regulations. The Islamabad Memorandum serves as a temporary negotiation framework between the US and Iran, related to the navigation issues in the Strait of Hormuz. According to the Kepler report, this memorandum's 60-day negotiation window expired on August 17, with no agreements, extensions, or ongoing negotiations at that time. The oil market may be affected by disruptions in navigation through the Strait of Hormuz, and on the 24th, Brent crude closed down 2.35% at $92.17 per barrel.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Fedorov Proposes Drone Swap with the US for Patriot Missiles

Ukraine Tests New Robotic Systems with Turrets for Kalashnikov Rifles

China-Supported Botnet Seized: FBI Halts Espionage on Fed and NASA

Major Client Unveils on Earnings Day|Rewire News Morning Briefing

CFTC clashes with U.S. soldier over $400K Polymarket bet

Progress Made in Meeting Between Pakistan's Interior Minister and Iranian President

Peach Limits P2P Bitcoin Sales Under New Rules

Bitcoin: American Bitcoin Achieves Record Production Despite Cost Debate

Crypto market moves ‘as one block’ despite broader rally: Cryptex co-founder

What would it take to bring Hyperliquid to the US? Former SEC counsel explains

Iran claims it shot down a U.S. MQ-9 Reaper drone near the Strait of Hormuz

Why Bitcoin’s $2B corporate treasuries are a ticking time bomb of hidden conditional supply

Bitcoin needs ETF demand to hold as Fed rate hike risk grows: analysts

SEC Charges 38 Entities Over False Investment Adviser Filings

Former SEC, CFTC Officials Urge Lighter Touch to Bring Crypto Perps Trading Onshore

Solana Crypto Partnership Achieves Record 169.9 Million Transactions

Cyberattacks: Artificial Intelligence (AI) Could Destabilize Global Finance!

Surge in IPOs in China: AI and Robotics Companies Lead Debuts in Shanghai and Hong Kong

HKDAP could take HKD beyond payments into on-chain finance, HashKey researcher says

NASA and SpaceX Delay Crew-13 Due to Leak in Dragon Spacecraft

Coinhouse Acquires Tilvest and Strengthens Its Position in Crypto Management

Strive buys $143M in Bitcoin, becomes fifth-largest holder

"Technology Takes a Backseat": How Stablecoins Transition from Savings to Everyday Payments

Fogo Mainnet Has Been Stopped For 46 Hours With No Restart Timeline

Circle Issued 5 Billion USDC in a Week: Crypto Market Awaits Altseason Again

Hacking: Belgium demands crypto addresses from illegal sites

Banks Improved Their Profitability, But Concerns Over Delinquency Persist: Key Insights from Recent Financial Statements

CME Targets ETFs: The First FCA-Regulated Multi-Asset Crypto Indices Are Born

Why the SEC’s $75 million crypto path is not the same deal Congress is offering








