April 15, 2026
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3:17Now PlayingThe US and Iran are working toward extending a ceasefire and restarting negotiations about a longer-term peace deal, even as a standoff intensifies over the Strait of Hormuz.
The two sides have an “in principle agreement” to pursue further diplomacy after an inconclusive initial round of talks in Pakistan at the weekend, the Associated Press reported, citing regional officials it didn’t identify. Mediators are pushing for a compromise on outstanding issues including Hormuz and Iran’s nuclear program before the April 7 truce expires next week, the news agency said.
Bloomberg News Chief Geoeconomics Analyst Jennifer Welch joins Paul Sweeney and Scarlet Fu on "Bloomberg Intelligence" to discuss the state of US-Iran talks and what comes next to secure a ceasefire extension.
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