Iran Peace

• 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.

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...

US president’s hubristic and contradictory social media statements are key stumbling block to ending the warDonald Trump’s blend of threats and hubristic commentary, often casually dismissive of Iran, has, as much as the continuation of the US naval blockade of Iranian ports, been the key stumbling block to restarting peace talks between the two countries under Pakistan’s mediation in Islamabad.However much the Iranian foreign ministry insists it would not respond to every social media utterance issued by the US president on Iran, and sometimes there are as many as seven a day, Tehran cannot ignore them all, even if they contradict what the Iranians are being told in private about Trump’s true intentions. Continue reading...

In today’s newsletter: Our diplomatic editor on whether permanent peace is possible – or whether there will be a new escalation in the conflictGood morning. The Gulf is stuck in limbo between war and peace. Despite a ceasefire deal between the US and Iran, both sides have ramped up threats once again. A lasting end to the violence feels possible, but so does a renewed round of fighting – and more death, destruction and economic pain.JD Vance, the US vice-president, is expected to fly to Pakistan today if Iran agrees to further talks on ending the conflict. Tehran has given mixed signals about whether they will attend and, at time of writing, it remainds unclear. Meanwhile, time is ticking away on the current two-week ceasefire, which runs out in less than 48 hours.Iran war | JD Vance was expected to fly to Islamabad at the head of a US diplomatic delegation on Tuesday if Iran agrees to further talks in the Pakistani capital as the deadline for the current ceasefire looms.UK politics | Keir Starmer has accused Olly Robbins of deliberately and repeatedly obstructing the truth about the Peter Mandelson vetting scandal before a high-jeopardy appearance of the sacked top official before MPs on Tuesday.Health | Changes to microbes that live in the gut can identify people at greater risk of Parkinson’s disease long before symptoms develop, according to work that also raises hopes for new therapies.Economy | A quarter of a million people could lose their jobs by the middle of next year as Britain “flirts with recession”, analysis suggests, after business confidence was shattered by the US-Israel war on Iran.Technology | Apple announced on Monday that it had named a replacement for Tim Cook as CEO after nearly 15 years, with head of hardware engineering John Ternus succeeding him on 1 September. Cook will stay at the company in the role of executive chair. Continue reading...