Two months after the U.S.-Israeli attack on Iran started the war, peace talks are on hold, with control of the Strait of Hormuz and the future of Iran's nuclear program as the two main points of contention.(Image credit: Vahid Salemi)
• U.S. stock futures were slightly down or mixed on Monday morning as investors reacted to stalled peace talks between the United States and Iran.
• The geopolitical tension created uncertainty in markets, with traders reassessing risk positions amid the diplomatic impasse.
• Energy and defense sectors showed particular sensitivity to the developments, reflecting concerns about potential escalation.
Pakistan officials dismiss Afghan media reports and official statements about strikes on university in Kunar province as ‘blatant lie’Mortars and missiles fired from Pakistan on Monday struck a university and civilian homes in north-eastern Afghanistan, killing seven people and wounding at least 85, Afghan officials said.Pakistan denied the accusation of targeting a university. Continue reading...
Deepening sense of deadlock despite regional diplomacy as Washington and Tehran show no signs of compromiseHopes of a breakthrough in negotiations between Iran and the US faded further on Sunday, amid a deepening sense of a deadlock in the nearly two-month-long conflict despite intense regional diplomatic activity.Washington and Tehran appear unwilling to moderate rhetoric or make concessions, and there are no negotiations scheduled that might bring the war to a definitive end. Continue reading...
Abbas Araghchi to visit Pakistan, Oman and Russia to see if talks can be reopened, with both sides still in stalemateMiddle East crisis – live updatesThe Iranian foreign minister, Abbas Araghchi, is planning a tour of Pakistan, Russia and Oman in an effort to see if there is a basis to reopen peace talks that can end with a permanent US-Israeli commitment to cease its attacks on Iran, now one of Tehran’s key demands.Araghchi is also likely to discuss a potential permanent new arrangement on governing the strait of Hormuz with Oman, which oversees the south of the strait. Continue reading...
Standoff between Iran and US continues as both impose blockades of critical shipping waterway Iranian forces have seized two ships in the strait of Hormuz, as the US and Iran doubled down on imposing separate blockades of the critical shipping waterway that have choked global energy markets.The standoff over the narrow waterway – through which about 20% of the world’s oil and liquefied natural gas passed through during peacetime – raised doubts about whether stalled peace negotiations would resume. Continue reading...
Donald Trump says US ready to renew attacks but Iran appears unwilling to bend to US president’s threatsIntense efforts were under way on Tuesday to bring Iran and the US together in Pakistan for a new round of talks, a day before the end of the two-week ceasefire that has paused the conflict in the Middle East.Donald Trump said on Tuesday he is ready to renew attacks against Iran if progress is not made at any talks, with the US military “raring to go”. Continue reading...