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President Trump called current Iran negotiations the "last chance" to end five months of conflict, pushing oil prices higher. Tehran denied formal talks are taking place, raising the risk of a diplomatic breakdown with direct consequences for global energy markets.
Islamabad is the frontrunner to host US-Iran technical talks on July 11, diplomatic sources told Dawn, with Switzerland's Burgenstock as the backup option. The talks aim to advance the 60-day framework set by the Islamabad MOU, covering Iran's nuclear programme, sanctions relief, and Strait of Hormuz security.
Brent crude fell to $71.26 and WTI to $68.19 on Wednesday, both at four-month lows, after Donald Trump said US-Iran talks in Qatar were progressing well. Recovering tanker traffic through the Strait of Hormuz added to optimism that a supply disruption is less likely.
Pakistan's PM Shehbaz Sharif and Field Marshal Asim Munir flew to Burgenstock, Switzerland, to attend US-Iran technical talks following a 14-point peace deal signed Thursday. Iran warned the entire agreement could collapse if either side fails to meet its commitments within the 60-day implementation window.
The US and Iran agreed on a 60-day roadmap toward a final deal after marathon talks in Burgenstock, Switzerland, mediated by Pakistan and Qatar. The agreement sets up nuclear and sanctions working groups, a Strait of Hormuz communications line, and a Lebanon de-confliction cell, with Iran securing early oil export
US Vice President JD Vance, Iran's Parliament Speaker Ghalibaf, and Pakistan's PM Shehbaz Sharif have arrived at Switzerland's Burgenstock for technical talks on implementing the June 17 Islamabad MoU.
US Vice President JD Vance, Pakistan's PM Shehbaz Sharif, and Qatar's PM Al Thani opened four-way talks at Burgenstock, Switzerland, to implement the June 17 Islamabad MoU between the US and Iran.
US and Iranian delegations opened technical-level talks in Burgenstock, Switzerland on June 22, 2026, with Pakistan and Qatar as mediators, to implement the June 17 Islamabad MoU.
US Vice President JD Vance arrived in Switzerland for direct talks with Iran as the IRGC announced a Strait of Hormuz closure that the US military contests. President Trump declared no Hormuz tolls for 60 days, signaling a diplomatic window while oil markets brace for elevated risk premiums.
President Trump has halted planned strikes on Iran, saying negotiations are nearing a result as Tehran reviews a US deal proposal. The pause centers on a threatened strike against Kharg Island, Iran's main oil export terminal, which was used as diplomatic leverage.
Futures tied to the Dow, S&P 500, and Nasdaq fell before Monday's open as tech stocks slid and US-Iran nuclear talks showed signs of breaking down. The dual pressure from sector weakness and geopolitical risk is weighing on investor sentiment heading into the week.
Israel struck an Iranian petrochemical complex in Mahshahr on Monday after Iran fired 11 ballistic missiles at Israeli targets, defying a direct request from President Trump to hold back.
Commercial traffic through the Strait of Hormuz has dropped sharply as U.S.-Iran talks stall, raising global oil and gas supply risks. S&P Global vice chairman Daniel Yergin warns a prolonged disruption could drive up energy costs for importers across Asia and Europe.
Gold held steady as a partial Hezbollah-Israel ceasefire offset uncertainty from ongoing U.S.-Iran negotiations. Investors are awaiting U.S. jobs data and Federal Reserve commentary for clearer direction on rates and inflation.
The BSE Sensex fell 296 points and the NSE Nifty dropped 103 points in early trade as repeated setbacks in U.S.-Iran nuclear talks dented investor sentiment. Prolonged diplomatic uncertainty keeps oil supply tight, which raises costs for India's import-heavy economy and pressures equity markets.
Diplomatic sources put the odds of a US-Iran peace deal at nine out of ten, with Islamabad likely to host the signing given its role in facilitating early talks. A framework would reopen the Strait of Hormuz and end the US-Israeli military campaign, with nuclear programme details deferred to later rounds.
Indian equities fell on Friday as MSCI index rebalancing triggered mechanical foreign fund outflows, compounding unease over US-Iran nuclear talks. Cheaper oil from a tentative ceasefire extension offered limited comfort, with domestic institutions partially offsetting foreign selling.
US Defense Secretary Pete Hegseth praised Pakistan's role as the official go-between in US-Iran peace talks at the Shangri-La Dialogue, calling the Washington-Islamabad relationship an "unexpected" and "true friendship." The public praise, paired with Trump's repeated personal compliments of Pakistani leaders, signals
Brent crude fell below $95 a barrel on Wednesday, dropping roughly 5%, after signals of progress in US-Iran talks raised hopes that Iran could reopen shipping through the Strait of Hormuz.
President Trump rejected Iran's latest ceasefire proposal, saying it lacked nuclear concessions, and called the peace process "life support." The White House announced new sanctions and Trump scheduled a meeting with senior military commanders to weigh next steps.
Tag
President Trump called current Iran negotiations the "last chance" to end five months of conflict, pushing oil prices higher. Tehran denied formal talks are taking place, raising the risk of a diplomatic breakdown with direct consequences for global energy markets.
24d ago · 3 min · Global Affairs
Islamabad is the frontrunner to host US-Iran technical talks on July 11, diplomatic sources told Dawn, with Switzerland's Burgenstock as the backup option. The talks aim to advance the 60-day framework set by the Islamabad MOU, covering Iran's nuclear programme, sanctions relief, and Strait of Hormuz security.
1mo ago · 4 min · Global Affairs
Brent crude fell to $71.26 and WTI to $68.19 on Wednesday, both at four-month lows, after Donald Trump said US-Iran talks in Qatar were progressing well. Recovering tanker traffic through the Strait of Hormuz added to optimism that a supply disruption is less likely.
1mo ago · 4 min · Markets
Pakistan's PM Shehbaz Sharif and Field Marshal Asim Munir flew to Burgenstock, Switzerland, to attend US-Iran technical talks following a 14-point peace deal signed Thursday. Iran warned the entire agreement could collapse if either side fails to meet its commitments within the 60-day implementation window.
2mo ago · 4 min · Global Affairs
The US and Iran agreed on a 60-day roadmap toward a final deal after marathon talks in Burgenstock, Switzerland, mediated by Pakistan and Qatar. The agreement sets up nuclear and sanctions working groups, a Strait of Hormuz communications line, and a Lebanon de-confliction cell, with Iran securing early oil export
2mo ago · 4 min · Global Affairs
US Vice President JD Vance, Iran's Parliament Speaker Ghalibaf, and Pakistan's PM Shehbaz Sharif have arrived at Switzerland's Burgenstock for technical talks on implementing the June 17 Islamabad MoU.
2mo ago · 4 min · Global Affairs
US Vice President JD Vance, Pakistan's PM Shehbaz Sharif, and Qatar's PM Al Thani opened four-way talks at Burgenstock, Switzerland, to implement the June 17 Islamabad MoU between the US and Iran.
2mo ago · 4 min · Global Affairs
US and Iranian delegations opened technical-level talks in Burgenstock, Switzerland on June 22, 2026, with Pakistan and Qatar as mediators, to implement the June 17 Islamabad MoU.
2mo ago · 4 min · Global Affairs
US Vice President JD Vance arrived in Switzerland for direct talks with Iran as the IRGC announced a Strait of Hormuz closure that the US military contests. President Trump declared no Hormuz tolls for 60 days, signaling a diplomatic window while oil markets brace for elevated risk premiums.
2mo ago · 4 min · Global Affairs
President Trump has halted planned strikes on Iran, saying negotiations are nearing a result as Tehran reviews a US deal proposal. The pause centers on a threatened strike against Kharg Island, Iran's main oil export terminal, which was used as diplomatic leverage.
2mo ago · 3 min · Global Affairs
Futures tied to the Dow, S&P 500, and Nasdaq fell before Monday's open as tech stocks slid and US-Iran nuclear talks showed signs of breaking down. The dual pressure from sector weakness and geopolitical risk is weighing on investor sentiment heading into the week.
2mo ago · 3 min · Markets
Israel struck an Iranian petrochemical complex in Mahshahr on Monday after Iran fired 11 ballistic missiles at Israeli targets, defying a direct request from President Trump to hold back.
2mo ago · 4 min · Global Affairs
Commercial traffic through the Strait of Hormuz has dropped sharply as U.S.-Iran talks stall, raising global oil and gas supply risks. S&P Global vice chairman Daniel Yergin warns a prolonged disruption could drive up energy costs for importers across Asia and Europe.
2mo ago · 3 min · Global Affairs
Gold held steady as a partial Hezbollah-Israel ceasefire offset uncertainty from ongoing U.S.-Iran negotiations. Investors are awaiting U.S. jobs data and Federal Reserve commentary for clearer direction on rates and inflation.
2mo ago · 3 min · Markets
The BSE Sensex fell 296 points and the NSE Nifty dropped 103 points in early trade as repeated setbacks in U.S.-Iran nuclear talks dented investor sentiment. Prolonged diplomatic uncertainty keeps oil supply tight, which raises costs for India's import-heavy economy and pressures equity markets.
2mo ago · 3 min · Markets
Diplomatic sources put the odds of a US-Iran peace deal at nine out of ten, with Islamabad likely to host the signing given its role in facilitating early talks. A framework would reopen the Strait of Hormuz and end the US-Israeli military campaign, with nuclear programme details deferred to later rounds.
2mo ago · 4 min · Global Affairs
Indian equities fell on Friday as MSCI index rebalancing triggered mechanical foreign fund outflows, compounding unease over US-Iran nuclear talks. Cheaper oil from a tentative ceasefire extension offered limited comfort, with domestic institutions partially offsetting foreign selling.
2mo ago · 3 min · Markets
US Defense Secretary Pete Hegseth praised Pakistan's role as the official go-between in US-Iran peace talks at the Shangri-La Dialogue, calling the Washington-Islamabad relationship an "unexpected" and "true friendship." The public praise, paired with Trump's repeated personal compliments of Pakistani leaders, signals
2mo ago · 4 min · Global Affairs
Brent crude fell below $95 a barrel on Wednesday, dropping roughly 5%, after signals of progress in US-Iran talks raised hopes that Iran could reopen shipping through the Strait of Hormuz.
3mo ago · 3 min · Global Affairs
President Trump rejected Iran's latest ceasefire proposal, saying it lacked nuclear concessions, and called the peace process "life support." The White House announced new sanctions and Trump scheduled a meeting with senior military commanders to weigh next steps.
3mo ago · 3 min · Global Affairs