Pakistan mediates US-Iran peace talks
Analysis based on 6 articles · First reported Apr 29, 2026 · Last updated Apr 30, 2026
The ongoing US-Iran war has significantly impacted Pakistan's economy, causing its oil import bill to surge from $300 million to $800 million. The diplomatic efforts by Pakistan to mediate peace talks between the United States and Iran, including an extended ceasefire, could potentially stabilize the region and alleviate economic pressures.
Pakistan's Prime Minister Shehbaz Sharif announced that the ongoing war between the United States and Iran has severely impacted Pakistan's economy, with its oil import bill surging. He highlighted Pakistan's efforts to mediate peace, including 21-hour talks in Islamabad on April 11, which led to an extended ceasefire. Iranian Foreign Minister Abbas Araghchi visited Pakistan for further discussions, assuring a positive response from Iran's leadership. Pakistan plans to host a second round of talks. The conflict began on February 28 with a joint attack by the United States and Israel on Iran, killing Ali Khamenei, leading to Iranian retaliation across the Gulf region. Donald Trump has also reiterated calls for a peaceful resolution.
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