US-Iran Peace Talks Collapse: Nuclear Standoff and Hormuz Crisis Dim Global Market Prospects
The historic 21-hour negotiations between the US and Iran in Islamabad have reportedly stalled, leaving the delicate two-week ceasefire in profound uncertainty. Both nations are now pointing fingers regarding the breakdown, casting a shadow over regional stability.Vice President JD Vance, who spearheaded the US delegation, cited Iran's unwillingness to accept Washington's terms. He specifically pointed to Tehran's continued commitment to its nuclear program as a major stumbling block during the talks.Meanwhile, Iranian Parliament Speaker Mohammad Bagher Ghalibaf suggested that the US must decide if it can genuinely "earn our trust." The...