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US and Iran Expected to Reach Deal Tonight After Pakistan Requests Deadline Extension
Regional sources indicate a deal between the United States and Iran is expected to close by midnight tonight. Pakistan has asked President Trump to extend an 8 PM deadline by two weeks, with discussions steered by Pakistan's army chief. The S&P 500 has turned positive in response to the developments.
Apr 7, 5:21 PM·1m read5 sources
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Regional sources have informed CNN that a deal between the United States and Iran is expected to be closed by midnight tonight. Discussions are being steered directly by Pakistan's army chief, Field Marshal Asim Munir. Pakistan has requested that President Trump extend an 8 PM deadline by two weeks, and both sides are reviewing the proposal.
The sources stated that some good news is expected from both sides soon. This follows Pakistan's intervention in the talks. No specific details on the deal's terms have been disclosed in the reports.
The S&P 500 erased all losses and turned green on the day amid news of Pakistan's request to extend the deadline.
This shift occurred as reports of potential progress in US-Iran discussions emerged. Trading data shows the index moving into positive territory following the announcements.
The deadline in question is set for 8 PM, with Pakistan seeking a two-week extension.
Regional officials cited by CNN emphasized the involvement of Pakistan's military leadership. Sources describe the talks as advancing toward a resolution tonight.
reported the expectations of a deal based on regional sources.
Financial Juice and Kobeissi Letter corroborated the involvement of Pakistan's army chief and the anticipated good news. Sent Defender noted the midnight closure expectation from similar regional inputs.
