diff --git a/.changeset/fuzzy-color-flags.md b/.changeset/fuzzy-color-flags.md
new file mode 100644
index 0000000000..7f2ce72cb8
--- /dev/null
+++ b/.changeset/fuzzy-color-flags.md
@@ -0,0 +1,6 @@
+---
+"@pnpm/config.reader": patch
+"pnpm": patch
+---
+
+Fixed bare `--color` so it does not consume the following CLI flag, allowing command shorthands like `--parallel` to expand correctly and forms like `pnpm --color with current <command>` to dispatch the inner command instead of failing with `MISSING_WITH_CURRENT_CMD`.
diff --git a/cli/parse-cli-args/test/index.ts b/cli/parse-cli-args/test/index.ts
index 451443ef2e..5126111c39 100644
--- a/cli/parse-cli-args/test/index.ts
+++ b/cli/parse-cli-args/test/index.ts
@@ -263,6 +263,40 @@ test('use command-specific shorthands', async () => {
   expect(options).toHaveProperty(['dev'])
 })
 
+test('bare --color does not consume a following command-specific shorthand', async () => {
+  const { cmd, options, params } = await parseCliArgs({
+    ...DEFAULT_OPTS,
+    getTypesByCommandName: (commandName: string) => {
+      if (commandName === 'run') {
+        return {
+          recursive: Boolean,
+          sort: Boolean,
+          stream: Boolean,
+          'workspace-concurrency': Number,
+        }
+      }
+      return {}
+    },
+    shorthandsByCommandName: {
+      run: {
+        parallel: ['--workspace-concurrency=Infinity', '--no-sort', '--stream', '--recursive'],
+      },
+    },
+    universalOptionsTypes: {
+      color: [Boolean, 'always', 'auto', 'never'],
+      recursive: Boolean,
+    },
+  }, ['--recursive', '--color', '--parallel', 'run', 'dev'])
+
+  expect(cmd).toBe('run')
+  expect(params).toStrictEqual(['dev'])
+  expect(options.color).toBe(true)
+  expect(options.recursive).toBe(true)
+  expect(options['workspace-concurrency']).toBe(Infinity)
+  expect(options.sort).toBe(false)
+  expect(options.stream).toBe(true)
+})
+
 test('command-specific shorthands override universal shorthands', async () => {
   const { options } = await parseCliArgs({
     ...DEFAULT_OPTS,
diff --git a/config/reader/src/types.ts b/config/reader/src/types.ts
index 6a0495bedd..02a3ee87cd 100644
--- a/config/reader/src/types.ts
+++ b/config/reader/src/types.ts
@@ -13,7 +13,7 @@ export const pnpmTypes = {
   'child-concurrency': Number,
   'merge-git-branch-lockfiles': Boolean,
   'merge-git-branch-lockfiles-branch-pattern': Array,
-  color: ['always', 'auto', 'never'],
+  color: [Boolean, 'always', 'auto', 'never'],
   'config-dir': String,
   'dangerously-allow-all-builds': Boolean,
   'deploy-all-files': Boolean,
diff --git a/pnpm/src/parseCliArgs.ts b/pnpm/src/parseCliArgs.ts
index 7d0d2090b3..ba6051e2c9 100644
--- a/pnpm/src/parseCliArgs.ts
+++ b/pnpm/src/parseCliArgs.ts
@@ -43,7 +43,7 @@ export async function parseCliArgs (inputArgv: string[]): Promise<ParsedCliArgsW
   // any global flags the user put BEFORE `with` (e.g. `--dir`, `--filter`)
   // are preserved.
   if (result.cmd === 'with' && result.params[0] === 'current') {
-    const withIdx = findWithCurrentIndex(inputArgv)
+    const withIdx = findWithCurrentIndex(inputArgv, GLOBAL_OPTIONS)
     if (withIdx < 0 || inputArgv.length - withIdx - 2 === 0) {
       throw new PnpmError('MISSING_WITH_CURRENT_CMD',
         'Missing command after "current". Usage: pnpm with current <command> [args...]')
@@ -63,14 +63,26 @@ export async function parseCliArgs (inputArgv: string[]): Promise<ParsedCliArgsW
  * is the one. Good enough for realistic CLI usage — no pnpm option is
  * expected to take the literal value `with`.
  */
-function findWithCurrentIndex (argv: string[]): number {
+function findWithCurrentIndex (argv: string[], optionTypes: Record<string, unknown>): number {
   for (let i = 0; i < argv.length - 1; i++) {
     if (argv[i] !== 'with' || argv[i + 1] !== 'current') continue
     const prev = argv[i - 1]
-    // If the previous token is a long flag without an `=value` form, it may
-    // be consuming `with` as its value — skip this occurrence in that case.
-    if (prev != null && prev.startsWith('--') && !prev.includes('=')) continue
+    // A preceding long option that takes a value would consume `with` as its
+    // value, so this `with current` pair isn't the command — skip it. Boolean
+    // flags (e.g. `--color`) and `--no-` negations don't consume a value.
+    if (prev != null && longOptionConsumesValue(prev, optionTypes)) continue
     return i
   }
   return -1
 }
+
+function longOptionConsumesValue (token: string, optionTypes: Record<string, unknown>): boolean {
+  if (!token.startsWith('--') || token.includes('=')) return false
+  const name = token.slice(2)
+  if (name.startsWith('no-')) return false
+  return !isBooleanType(optionTypes[name])
+}
+
+function isBooleanType (type: unknown): boolean {
+  return type === Boolean || (Array.isArray(type) && type.includes(Boolean))
+}
diff --git a/pnpm/test/withCommand.test.ts b/pnpm/test/withCommand.test.ts
index ac1984a59d..9cf1184115 100644
--- a/pnpm/test/withCommand.test.ts
+++ b/pnpm/test/withCommand.test.ts
@@ -67,6 +67,21 @@ test('pnpm with forwards subsequent args to the child pnpm', () => {
   expect(stdout.toString().trim()).toMatch(/^\d+\.\d+\.\d+/)
 })
 
+test('pnpm with current dispatches the inner command after a global boolean flag', () => {
+  prepare()
+  writeJsonFileSync('package.json', {
+    name: 'project',
+    version: '1.0.0',
+  })
+
+  for (const flag of ['--color', '--yes']) {
+    const { status, stdout } = execPnpmSync([flag, 'with', 'current', '--version'])
+
+    expect(status).toBe(0)
+    expect(stdout.toString().trim()).toMatch(/^\d+\.\d+\.\d+/)
+  }
+})
+
 test('pnpm with fails when no spec is provided', () => {
   prepare()