US President Donald Trump cancelled the travel of Witkoff and Kushner's delegation to Pakistan for potential direct talks with Iran, escalating tensions. Iran stated it would not negotiate under threat, while Trump deemed the offered terms insufficient. This decision adds to the instability of US-Iran relations.
President Trump canceled a planned trip to Pakistan for Iran negotiations, raising concerns about the durability of potential talks. Iran responded quickly with a new offer, while tensions escalate between Israel and Hezbollah, threatening the stability of the existing ceasefire. Global oil prices are experiencing increased volatility amid ongoing uncertainty.
Iran’s foreign minister briefly visited Islamabad to restart peace talks with the US, but Trump canceled the mission. Indirect talks are ongoing between Iran and the US, with Oman attempting to mediate. Despite the ceasefire holding, tensions remain at the Strait of Hormuz, and military threats continue to exchange between Iran and the US.