US and Iran Make ‘Progress’, Aim to Keep Hormuz Open

Bloomberg 2026-06-22 04:48:15
Context: The United States and Iran have made progress in their talks towards a peace deal, with mediators Qatar and Pakistan facilitating the discussions. The talks are aimed at easing tensions between the two nations, with a focus on keeping the Strait of Hormuz open. The technical-level discussions are set to continue this week.

Key Facts

  • The US and Iran have made "encouraging progress" in their talks on a peace deal, according to mediators Qatar and Pakistan.
  • The talks are being conducted at a technical level, with discussions set to continue this week.
  • Bloomberg's Stuart Livingstone-Wallace provided an update on the talks, summarizing what is known so far.
  • The goal of the talks is to keep the Strait of Hormuz open, a critical waterway for global oil shipments.
  • The mediators Qatar and Pakistan are playing a key role in facilitating the discussions between the US and Iran.

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