Berliner Boersenzeitung - US pins hopes on mediator Pakistan in push to end Iran war

EUR -
AED 4.095102
AFN 72.480008
ALL 90.801688
AMD 402.807486
ANG 1.995737
AOA 1023.635334
ARS 1721.721299
AUD 1.61933
AWG 2.007127
AZN 1.900047
BAM 1.955836
BBD 2.250342
BDT 139.162586
BGN 1.948955
BHD 0.422108
BIF 3342.96213
BMD 1.115071
BND 1.431727
BOB 13.402249
BRL 6.138357
BSD 1.117321
BTN 104.873949
BWP 15.391286
BYN 3.345962
BYR 21855.38619
BZD 2.247142
CAD 1.573644
CDF 2586.964483
CHF 0.914162
CLF 0.027822
CLP 1094.980351
CNY 7.444774
CNH 7.438418
COP 3608.76707
CRC 506.709417
CUC 1.115071
CUP 26.815498
CVE 110.267049
CZK 24.346956
DJF 198.963698
DKK 7.480457
DOP 67.891262
DZD 151.940824
EGP 59.957114
ERN 16.726061
ETB 183.378708
FJD 2.526309
FKP 0.834974
GBP 0.834166
GEL 2.893653
GGP 0.834974
GHS 13.055243
GIP 0.834974
GMD 83.077063
GNF 9896.183924
GTQ 8.538159
GYD 234.234353
HKD 8.744429
HNL 30.029558
HRK 7.547925
HTG 146.432722
HUF 363.51345
IDR 20192.258205
ILS 3.552538
IMP 0.834974
INR 104.716854
IQD 1693.83148
IRR 2108992.359359
ISK 136.919964
JEP 0.834974
JMD 177.323296
JOD 0.790629
JPY 176.710877
KES 145.192698
KGS 97.510486
KHR 4552.084602
KMF 492.86165
KPW 1003.563608
KRW 1520.737678
KWD 0.346765
KYD 0.931217
KZT 500.809308
LAK 25136.46717
LBP 100053.859534
LKR 371.556906
LRD 189.94353
LSL 18.477643
LTL 3.292514
LVL 0.674496
LYD 7.150133
MAD 10.921803
MDL 19.971371
MGA 5077.094359
MKD 61.556144
MMK 2341.587311
MNT 4015.514918
MOP 9.019368
MRU 45.108838
MUR 52.442198
MVR 17.176258
MWK 1937.436008
MXN 20.766565
MYR 4.528864
MZN 71.257178
NAD 18.477643
NGN 1502.23485
NIO 41.120764
NOK 10.548462
NPR 167.798119
NZD 2.015128
OMR 0.428348
PAB 1.117421
PEN 3.848972
PGK 5.092095
PHP 70.369926
PKR 309.016043
PLN 4.399568
PYG 6984.129802
QAR 4.084276
RON 5.343646
RSD 117.622186
RUB 91.352798
RWF 1649.13065
SAR 4.188587
SBD 8.974739
SCR 15.358485
SDG 670.719139
SEK 11.033072
SGD 1.430306
SHP 0.835103
SLE 25.591287
SLL 23382.48045
SOS 638.511867
SRD 41.908265
STD 23079.712667
STN 24.500455
SVC 9.776182
SYP 14498.149201
SZL 18.471343
THB 37.411034
TJS 10.307092
TMT 3.902748
TND 3.343362
TOP 2.684822
TRY 55.9111
TTD 7.577141
TWD 36.546782
TZS 2952.454872
UAH 50.616941
UGX 4570.084937
USD 1.115071
UYU 44.950835
UZS 13332.247784
VES 999.456181
VND 28526.296796
VUV 132.393741
WST 3.108622
XAF 655.957
XAG 0.021465
XAU 0.000274244363
XCD 3.013535
XCG 2.013637
XDR 0.788413
XOF 655.957
XPF 119.331742
YER 263.853652
ZAR 18.420333
ZMK 10036.978597
ZMW 22.703422
ZWL 359.052318
SSP 6406.340367
MXV 2.33632
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

US pins hopes on mediator Pakistan in push to end Iran war
US pins hopes on mediator Pakistan in push to end Iran war / Photo: - - AFP/File

US pins hopes on mediator Pakistan in push to end Iran war

US Secretary of State Marco Rubio voiced hope of progress on ending the war with Iran, as he looked to Pakistani mediators to help advance efforts to strike an agreement.

Text size:

Previous comments by President Donald Trump had suggested weeks of stop-start negotiations to strike a permanent end to the war were teetering on the "borderline" between a deal and renewed attacks.

"I believe the Pakistanis will be travelling to Tehran today. So hopefully that'll advance this further," Rubio told reporters on Thursday.

A ceasefire on April 8 halted the war launched weeks earlier by the United States and Israel, but negotiation efforts, including historic face to face talks hosted in Islamabad have so far failed to yield a lasting agreement.

Pakistan's interior minister Mohsin Naqvi, who is widely considered close to Pakistan's powerful army chief Asim Munir, visited Iran for the second time in a week on Wednesday.

Iranian media, including the ISNA news agency, had reported based on unnamed sources that Munir could himself visit Tehran as early as Thursday, but there was no comment from Pakistan authorities about any travel plan for the army chief.

Beijing did however, announce that Pakistan Prime Minister Shehbaz Sharif will travel on Saturday to China, which has also been involved in mediation efforts to end the war.

- 'Borderline' -

Though open warfare and strikes across the Gulf have reduced, the impasse continues to weigh on the world economy.

In April, Pakistan hosted the only direct negotiations, which Munir helped mediate, between US and Iranian officials to take place since February 28, when the war began.

But the talks ultimately failed, with Tehran accusing Washington of making "excessive demands".

Since then, the two sides have exchanged multiple proposals, with the threat of renewed conflict looming all along.

"It's right on the borderline, believe me," Trump told reporters Wednesday. "If we don't get the right answers, it goes very quickly. We're all ready to go."

He said a deal could come "very quickly" or "in a few days", but warned Tehran would have to provide "100 percent good answers".

Rubio also criticised NATO allies for their refusal to help in the war against Iran.

"He's not asking them to commit troops. He's not asking them to send their fighter jets in. But they refuse to do anything," he said.

"We were very upset about that."

- 'Forceful response' -

Tehran was on alert for the possibility of renewed armed conflict with chief negotiator Mohammad Bagher Ghalibaf warning Washington on Wednesday of a "forceful response" if Iran were to be attacked.

"The enemy's movements, both overt and clandestine, show that despite economic and political pressure, it has not abandoned its military objectives and is seeking to start a new war," Ghalibaf said.

Iran's foreign ministry spokesman Esmaeil Baqaei said the Islamic republic was examining points received from Washington, while repeating Tehran's demands for the release of its assets frozen abroad and an end to a US naval blockade.

Despite fiery rhetoric against Iran, Trump is under political pressure at home to find a resolution as energy costs rise.

The ceasefire halted the fighting but has not reopened the Strait of Hormuz, the vital waterway that normally carries about a fifth of the world's oil and liquefied natural gas.

The future of Hormuz remains a key sticking point in negotiations, with fears growing that the global economy will feel more pain as pre-war oil stockpiles deplete.

Iran imposed a Hormuz blockade as part of its retaliation in the war, allowing only a trickle of vessels through in recent weeks while introducing a toll system.

Iran's new body overseeing Hormuz said its claimed area of control extends to Emirati waters, drawing a sharp rebuke from Abu Dhabi.

Relations between Iran and the United Arab Emirates have been severely strained since the war, after Tehran launched missile and drone strikes against Gulf countries in response to US-Israeli attacks.

Hormuz carries around a third of global fertiliser shipments, raising concerns of higher food prices and shortages if the closure drags on.

- Lebanon strikes -

On another front in the war, Lebanese state media reported that an Israeli strike on Thursday damaged a hospital in Lebanon's south.

Since a truce began on April 17, Israel has continued to launch strikes, carry out demolitions and issue evacuation orders in south Lebanon, saying it is targeting Hezbollah, which has also kept up attacks.

Lebanon's health ministry said Israeli attacks have killed at least 3,089 people in Lebanon since March 2.

Hezbollah drew Lebanon into the Middle East war with rocket fire at Israel in retaliation for the killing of Iran's supreme leader in US-Israeli strikes.

The United States on Thursday sanctioned nine Hezbollah-linked individuals it accused of "obstructing the peace process in Lebanon".

burs-gw/mlm/ceg/hmn

(Y.Yildiz--BBZ)