# Negotiations between the United States and Iran aimed at ending the Middle East conflict ran deep into the night in Islamabad.

*business · news · 2026-04-12 · Moneycontrol*

## Key points

- US Vice President JD Vance presented what he called a 'final and best offer' to Iran.
- Iran demanded control over the Strait of Hormuz and refused to relinquish its enriched uranium stockpile.
- The US military began clearing mines in the Strait of Hormuz, but Iran denied US vessels entered.
- Saudi Arabia's key east-west oil pipeline resumed operations, and Qatar eased some shipping restrictions.

**Countries:** United States, Iran, Pakistan, Saudi Arabia, Qatar, Israel, Lebanon

[Read the full story on Moneycontrol](https://www.moneycontrol.com/world/pakistani-official-says-us-iran-talks-in-islamabad-saw-sharp-swings-and-ran-overnight-without-deal-article-13886748.html)

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