Iran-US Deal Revival Efforts Continue, Hormuz Key Issue

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Iran US Mediators Push to Revive June Deal, Hormuz Remains the Sticking Point

The Pakistan Times — Islamabad, August 1, 2026

An Iranian lawmaker says mediators are actively working to bring back a deal that briefly paused the fighting between Iran and the United States back in June. Hassan Ghashghavi who speaks for parliament's national security commission, said in a video interview that there's a real push right now to revive what's known as the 14-point Islamabad agreement, and that mediators are leading that effort.

Here's the interesting part for Pakistani readers: this deal is actually called the Islamabad memorandum of understanding, because that's where it was worked out. Qatar and Pakistan both played a role in bringing the two sides together, with the actual negotiating sessions held right here in Islamabad.

According to Ghashghavi, everyone involved already knows what the real problem is. It comes down to the Strait of Hormuz  and there's ongoing back and forth about how to handle it. That tracks with what's been happening on the ground too. Iran's parliament has been debating a bill on managing the strait, hardline lawmakers want Tehran to have full control over who passes through and under what conditions, while a separate regional official told Fortune that both Washington and Tehran actually want to get back to the interim ceasefire framework. The compromise reportedly being discussed now would have Iran managing vessel transit through the strait but with fewer restrictions on ships than hardliners in Tehran are pushing for.

It's worth remembering just how much is riding on this one waterway. Roughly a fifth of the world's oil normally moves through the Strait of Hormuz, so every time talks stall here it ripples straight into global oil prices and shipping costs. That's exactly why, even with fighting paused for now, nobody's treating this as settled. Diplomats on both sides seem to be negotiating with words and, when that doesn't move things fast enough with military pressure too until they land on something both countries can actually live with.

Read More:Swat Suicide Blast Kills Seven Outside Police Station

Sources:Al Jazeera,

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