Pakistan has also officially presented Iran’s response to the US decision to end the conflict between Washington and Tehran, and strengthen Islamabad’s role as a mediator between the important alliances in 2026.
The back-and-forth begins with the 14-point plan that Iran sent to the US through Pakistan on May 9, 2026. That plan is now said to be under Iranian control after a confrontation with Washington.
That’s in the mind, and that’s why Washington isn’t buying it
Iran’s 14-point plan focuses on ending the war. There is no mention of Tehran’s nuclear program. There is no acknowledgment of his missile capabilities. For Iran, the framework is deliberately narrow: stop fighting, then discuss everything else later.
President Trump took to Truth Social to express doubts about the validity of the Iran proposal, pointing to what he described as Iran’s past actions as an obstacle to any deal.
A temporary ceasefire has been in place since early April 2026, which has prevented any further grounding.
Regional tensions have not settled
The UAE recently seized two Iranian drones. Separately, the drone attack on a ship in Qatari waters added further complications to an already volatile region.
Pakistan shares a border with Iran and maintains working relations with Tehran and Washington. Iran wants international guarantees regarding its security and control over the Strait of Hormuz, which is important for the world’s oil trade.
What does this mean for the markets and money
Despite the conflict between Iran and the US, and despite the fact that the Gulf region hosts a large part of the world’s infrastructure, the crypto markets have shown great stability during this period. Bitcoin and Ethereum prices have remained stable, without the volatility associated with diplomatic back and forth.
