Collector
Worried by rising oil prices, US pushed Pak to broker ceasefire with Iran | Collector
Worried by rising oil prices, US pushed Pak to broker ceasefire with Iran
Business Standard

Worried by rising oil prices, US pushed Pak to broker ceasefire with Iran

Worried about surging oil prices and surprised by a resilient Iranian regime, the White House pushed Pakistan to broker a temporary ceasefire with Tehran, the Financial Times reported on Wednesday. For weeks the Trump administration was leaning on Islamabad to convince the Iranians to agree to a pause in fighting where it would reopen the Strait of Hormuz, the newspaper said, quoting "people familiar with the talks". "Pakistan's crucial role, as a Muslim-majority neighbour and intermediary, was to sell it to Tehran," the report said. US President Donald Trump announced on Tuesday that he had agreed to a two-week ceasefire with Iran as proposed by Pakistan. Trump, worried about surging oil prices and surprised by a resilient Iranian regime, was eager for a ceasefire since at least his first threat on March 21 to "obliterate" Iran's power plants, according to five people familiar with the Pakistan-led back channel, the Times reported. It said Pakistan's Chief of Army Staff Field Mar

Go to News Site