Pakistan Steps Up Mediation Between US and Iran Amid Threats. Pakistan is seeking to accelerate dialogue between the US and Iran despite rising tensions. Tehran has refused to export enriched uranium, while Washington issues threats of strikes. The situation is impacting prices and the energy market.
Pakistan has sharply intensified its diplomatic activity to break the deadlock in talks between the US and Iran, which stalled after Tehran toughened its stance on the nuclear program. According to Reuters, Pakistan's military leadership is considering an urgent visit to Tehran for direct mediation, while the country's interior minister has already held meetings in the Iranian capital. The main goal is to accelerate the exchange of signals between the parties before Washington resorts to force.
The situation worsened after Iranian Supreme Leader Ayatollah Mojtaba Khamenei banned the export of enriched uranium from the country, which was a tough response to US demands. Against this backdrop, President Donald Trump signaled he is willing to wait for Tehran's response only for a limited time, but did not rule out new strikes. According to him, if the “right answers” do not follow, a decision could be made very quickly.
Iran, in turn, put forward a package of conditions to the US that Washington had previously rejected: control over the Strait of Hormuz, compensation for damages, lifting of sanctions, unfreezing of assets, and withdrawal of American troops. At the same time, Iranian military officials warned that in the event of a new attack, the conflict could spill beyond the region. The Strait of Hormuz, through which a significant portion of global oil and gas supplies pass, has remained effectively closed for almost three months, pushing world prices up and increasing inflationary pressure.
According to Iranian media, some ships are still allowed to pass through the strait, but their number is several times lower than usual. Iran has stated it is ready to open the passage for 'friendly' countries, but on its own terms, including possible transit fees—a measure strongly opposed by the US. The International Energy Agency has warned that amid summer peak demand and the lack of new supplies from the Middle East, the market may enter a critical zone in the coming months.
The US and Israeli authorities insist on the complete dismantling of Iran’s nuclear and missile programs, as well as an end to its support for proxy groups in the region. However, according to CNN, Iran has retained stocks of enriched uranium and resumed drone production even during the ceasefire. As Reuters notes, negotiations remain extremely difficult, and the energy crisis is already being felt on the global market.
For Spain, the situation around the Strait of Hormuz and the Iranian nuclear program is directly significant: the country relies on energy imports, and rising global oil and gas prices directly affect fuel costs, inflation, and household expenses. According to the International Energy Agency, up to 20% of global oil supplies passed through the Strait of Hormuz in 2025, and any disruptions in the region are quickly reflected on European markets. Amid ongoing uncertainty, Spanish authorities are closely monitoring developments and preparing support measures for the most vulnerable economic sectors.
