US Vice-President JD Vance has indicated that Washington and Tehran are nearing an agreement to ease the ongoing conflict but cautioned that significant differences remain unresolved. Speaking to the BBC, Vance described the negotiations as “very close” while stressing it was “too early to say when or if” a final deal would materialise.

The remarks come amid heightened diplomatic activity as both sides work to extend a fragile ceasefire and address Iran’s nuclear programme.

Key Sticking Points Remain

Disagreements persist over language related to uranium enrichment and the future of Iran’s nuclear activities. The US has long insisted that Iran halt production of highly enriched uranium and dispose of existing stockpiles to prevent any path toward nuclear weapons. Vance noted that negotiators are still ironing out several textual issues.

A proposed framework reportedly includes a 60-day extension of the current ceasefire and the launch of formal talks on Iran’s nuclear future. However, Iran’s semi-official Tasnim news agency has stated that no agreement has been finalised or confirmed by Tehran’s leadership.

US Rejects Iranian Claims on Aircraft

Tensions spiked after Iranian state television claimed that its forces downed a US aircraft in Bushehr province’s Jam governorate. US Central Command (CENTCOM) firmly denied the assertion, calling it unfounded. 

The incident highlights the fragile nature of the truce even as diplomatic efforts continue. Local authorities in Iran, including Governor Masoud Tangestani, had earlier publicised the claim.

White House Optimism Grows

Despite the hurdles, senior US officials have struck a cautiously optimistic note. White House Deputy Chief of Staff Stephen Miller described Iranian concessions as “significant, material, and dramatic,” particularly regarding the reopening of the Strait of Hormuz. 

Treasury Secretary Scott Bessent signalled that while progress has been made, the US will not rush to ease sanctions or release frozen assets. President Donald Trump maintains firm “red lines,” especially on preventing Iran from acquiring nuclear weapons.

Regional Diplomacy in Play

Pakistan continues to play a mediation role. Foreign Minister Mohammad Ishaq Dar is scheduled to meet US Secretary of State Marco Rubio in Washington today. Iranian President Masoud Pezeshkian has thanked both Pakistan and Malaysia for their efforts, reaffirming Tehran’s commitment to diplomacy and stronger ties with Muslim and neighbouring nations.

Meanwhile, senior Iranian official Ali Bagheri Kani held discussions in Moscow with counterparts from Egypt and Brazil on the West Asia situation.

Impact on Global Markets

Oil prices edged lower on hopes of a breakthrough. Brent crude fell to around $93.36 per barrel, while WTI crude dropped to $88.27. However, Vance’s measured comments limited sharper declines, reflecting market caution over the deal’s final status.

Broader Conflict Context

The nearly four-month-long confrontation has seen multiple flashpoints. The US recently sanctioned Iran’s new Persian Gulf Strait Authority and networks allegedly funding the IRGC. Iran’s Supreme Leader has accused the US and Israel of attempting to destabilise the country internally after failing militarily.

In a related development, Democratic Senator Chris Murphy criticised the Trump administration’s approach, warning that threats to Oman over potential support for Iranian toll collection in the Strait of Hormuz signal a conflict spiralling out of control.

What Lies Ahead

Negotiators from both sides continue behind-the-scenes work. While 95 percent of issues may have been addressed according to some reports, the remaining gaps—particularly on enrichment terms—will prove decisive. 

Any final agreement would require approval from President Trump and Iran’s top leadership. Until then, officials on both sides are maintaining that “there is no deal until there is a deal.”

The outcome could significantly influence regional stability, global energy flows, and the broader West Asia security architecture. For now, cautious optimism prevails in Washington even as ground realities remain complex.

Iran Plans Charges for Ships in Strait of Hormuz as Conflict Fallout Mounts

Iran has signalled plans to impose charges on vessels transiting the Strait of Hormuz, escalating tensions even as diplomatic efforts to end the conflict with the United States continue. The move comes amid reports of significant humanitarian efforts inside Iran, where the Iranian Red Crescent says it has rescued over 7,200 people from rubble caused by air strikes.

US officials have strongly opposed any such toll system, describing the strait as an international waterway where fees would not be tolerated.

According to sources, the Iranian position reflects efforts to assert control over one of the world’s most critical energy chokepoints, through which a substantial portion of global oil trade passes. Traffic has already been significantly reduced due to ongoing threats, with the UK Maritime Trade Operations maintaining a “critical” threat level in the area.

Diplomatic Pushback from Washington

US Secretary of State Marco Rubio said on Thursday that implementing a toll system would make any agreement with Iran far more difficult. President Donald Trump has echoed this stance, insisting the strait must remain open without restrictions.

The comments come as Trump expressed disappointment with certain NATO allies. Rubio specifically criticised Spain for not allowing the US to use its military bases during the conflict. “If a country does not allow the US to use its base, then why is it in NATO?” he remarked, indicating the issue is being taken seriously at the highest levels.

Humanitarian Toll Inside Iran

On the ground in Iran, the human cost of the air strikes remains visible. The Iranian Red Crescent Society reported rescuing more than 7,200 individuals trapped under debris. Rescue teams have been working around the clock, pulling survivors from destroyed buildings in various parts of the country.

Videos shared by the organisation show volunteers navigating rubble in residential areas, offering a glimpse of the destruction left behind even after the main phase of strikes eased.

Pro-government rallies have continued across Iran, including large gatherings in Tehran’s Azadi Square, with demonstrators expressing support for the leadership and armed forces.

Oil Market Jitters and Global Ripple Effects

Oil prices climbed further on Friday, with Brent crude crossing $105 per barrel at one point, driven by fears over supply disruptions. While some optimism exists around potential resumption of around 1,600 oil vessels in the strait, doubts persist about any quick breakthrough in talks.

The situation has also affected India. Thousands of Indian migrant workers in Gulf countries are returning home as regional instability hits labour markets. Exports of items like garments, footwear and leather goods have weakened, adding pressure on jobs and remittances, a Reuters report noted.

Mediation Efforts Continue

Pakistan has stepped up diplomatic involvement. Interior Minister Mohsin Naqvi met Iranian Foreign Minister Abbas Araghchi in Iran to discuss proposals aimed at resolving differences between the US and Iran.

Differences between Washington and Israel have also surfaced. While the US appears keen on de-escalation and a possible ceasefire, Israeli officials are said to favour sustained pressure.

Broader Regional Picture

US military forces in West Asia remain at peak readiness, with the USS Abraham Lincoln carrier strike group active in the Arabian Sea. CENTCOM highlighted ongoing operations, including enforcement related to Iranian ports.

In southern Lebanon, the Israeli army reported eliminating two individuals in an air strike after spotting suspicious movement near the border. Separate incidents, including artillery strikes in western Syria, point to lingering volatility beyond the main US-Iran theatre.

France has urged caution on releasing more strategic oil reserves, citing uncertainty over the conflict’s duration. French Finance Minister Roland Lescure emphasised the need for clearer visibility before tapping limited national stocks.

As talks proceed, with some narrowing of gaps reported by Iranian sources, the coming days will be critical. Any resolution on the Strait of Hormuz and uranium stockpiles could determine whether the region moves towards calm or faces renewed disruption.

The situation continues to evolve rapidly, with markets, migrant communities and global energy flows watching closely for signs of progress.

Iran Faces Oil Storage Crunch as Diplomatic Push Stalls Over Nuclear Demands

Tehran’s 22-day oil storage limit adds pressure amid US blockade and rejected ceasefire proposals involving the Strait of Hormuz.

Iran could run out of space to store its crude oil in as little as 22 days if current production rates continue without exports, according to data analytics firm Kpler. The warning comes as Tehran insists the conflict with the United States and Israel is far from over, while diplomatic efforts through mediators like Pakistan show little progress.

The US naval blockade has severely restricted Iran’s ability to ship oil abroad, causing onshore inventories to build up rapidly. Analysts at Kpler noted that usable storage, including some floating capacity, might offer a buffer of around 12 to 22 days. Experts caution that prolonged output cuts could damage older oil wells by reducing natural reservoir pressure, making future extraction more difficult and costly.

Storage Crisis Deepens Under Blockade

The situation has worsened since the US imposed its counter-blockade on vessels heading to or from Iranian ports in mid-April. Oil exports have reportedly dropped sharply, leaving tankers and storage facilities under strain. Initial reports indicate Tehran may soon face the choice of further slashing production, already down significantly from pre-conflict levels.

Local oil industry sources, speaking on condition of anonymity, described the mounting challenge in southern terminals near Bandar Abbas. “Facilities are filling faster than expected,” one industry watcher familiar with the data said. Any extended shutdown risks long-term harm to infrastructure that has already suffered from years of sanctions and now direct conflict-related disruptions.

Tehran Warns Conflict Not Over

Despite a fragile ceasefire in place since early April, Iranian officials maintain that war-like conditions persist. Army spokesman Mohammad Akraminia stated clearly that the military does not consider the war ended. Security agencies continue constant monitoring, with warnings of responses using “new weapons, new methods, and on new fronts” should fresh attacks occur.

Iranian Foreign Minister Abbas Araghchi has been active on the diplomatic front, making his third visit to Pakistan in quick succession before heading to Russia. In Moscow, he met President Vladimir Putin to discuss strategic ties and the regional situation. Russia has criticised the US and Israeli strikes, calling them a threat to international order.

Diverging Proposals on Hormuz and Nuclear Issues

At the heart of the deadlock are differing priorities over the Strait of Hormuz and Iran’s nuclear programme. Iran’s latest proposal, conveyed through Pakistani channels, called for three main steps: an immediate end to hostilities with guarantees against further attacks, lifting the US blockade and reopening the strait to restore shipping, and deferring complex nuclear questions to a later stage.

US President Donald Trump has rejected this approach, insisting that nuclear concerns cannot be sidelined. According to reports, the Trump administration views any reopening of the strait without addressing enrichment and uranium stockpiles as weakening its negotiating position. Washington prefers tackling both issues simultaneously.

Iran had earlier suggested a phased nuclear rollback — complete stop to enrichment for five years, followed by limited civilian use, with part of its stockpile moved to Russia under supervision. That too was turned down. Sources familiar with the talks said Iran is now preparing a fresh proposal, though it needs time for internal consultations, including with the Supreme Leader.

Trump has publicly claimed Iran is nearing collapse and urged quick reopening of the strait. In recent social media posts, he described Tehran as being in a “state of collapse,” while reiterating that the US will not allow Iran to acquire nuclear weapons.

Oil Markets React to Prolonged Uncertainty

Global oil prices continued their upward trend on reports of the extended US blockade. Brent crude futures rose modestly in early trading, reflecting concerns over disrupted supplies from the key Gulf region. The Panama Canal has seen increased traffic as shippers reroute to avoid the troubled Strait of Hormuz.

Qatar’s Foreign Ministry described the use of the strait as a “political weapon” as unacceptable, calling for de-escalation to protect regional stability and global energy flows.

Regional Ripple Effects

Tensions extend beyond the strait. In southern Lebanon, Israeli forces reported operations against Hezbollah infrastructure, while the group claimed drone attacks on Israeli positions. Separate incidents in the occupied West Bank saw arrests and clashes. France paid tribute to its peacekeepers killed in Lebanon, with President Emmanuel Macron attributing responsibility to Hezbollah.

Germany’s Chancellor Friedrich Merz questioned aspects of US strategy, prompting a sharp response from Trump, who accused him of misunderstanding the nuclear threat. Meanwhile, the US Treasury announced new sanctions on what it called Iran’s “shadow banking” network, aimed at further isolating Tehran’s financial channels.

Reza Pahlavi, son of Iran’s last Shah, urged continued pressure on the current government, suggesting targeted actions to encourage internal dissent.

What Lies Ahead

With storage limits approaching, Iran faces mounting economic strain that could force difficult choices on production and exports. Diplomatic shuttling continues, but deep differences over sequencing — ending the immediate blockade versus resolving nuclear issues — suggest talks may drag on.

Local authorities in affected Iranian regions are bracing for potential further cuts, while global markets watch closely for any breakthrough or escalation. Mediators in Islamabad and other capitals remain engaged, yet both sides appear unwilling to yield on core demands for now.

The coming days could prove decisive. If storage constraints tighten as projected, pressure on Tehran to compromise may grow, even as it warns of readiness for new responses. For now, the fragile ceasefire holds, but the risk of renewed disruption to one of the world’s critical energy arteries remains real.

US-Iran Talks End Without Agreement in Islamabad

Vance confirms stalemate after 21 hours; Iranian delegation departs Pakistan

The much-anticipated peace talks between the United States and Iran concluded without a breakthrough early Sunday, with US Vice President JD Vance announcing that the two sides failed to reach an agreement after 21 hours of intense negotiations.

Delegations Depart

Vance addressed the press in Islamabad before departing on Air Force Two, confirming that the US delegation was leaving Pakistan. Iran’s parliamentary delegation, led by Speaker Mohammad-Bagher Ghalibaf, also exited the Pakistani capital hours later. According to officials familiar with the matter, the next round of talks remains uncertain.

No Agreement on Nuclear Demands

“We have been at it now for 21 hours. The bad news is that we have not reached an agreement,” Vance told reporters. He stated that Washington had presented its “final and best offer,” but Tehran had not accepted US terms. The primary sticking point, officials indicated, remains Iran’s nuclear programme. Vance clarified the US position: “We need to see an affirmative commitment that they will not seek a nuclear weapon.”

Iran Cites US ‘Overreach’

Iranian state media, including Tasnim news agency, blamed Washington for the stalemate, citing “US overreach and ambitions.” However, Iran’s Foreign Ministry spokesperson Esmail Baghaei struck a slightly different tone, confirming that understanding had been reached on several issues, though “differences still remain on 2–3 key matters.” He added that no one realistically expected a final deal in a single meeting given the deep distrust.

Global Reaction and Saudi Restoration

The failure drew a swift international response. UK Health Secretary Wes Streeting expressed disappointment, while Australian Foreign Minister Penny Wong urged both sides to “return to negotiations” and uphold the existing ceasefire.

In a parallel development, Saudi Arabia’s Ministry of Energy announced the full restoration of two major energy sites. Officials confirmed that full pumping capacity through the East-West Pipeline, amounting to seven million barrels per day, has returned. Production has also resumed at the Manifa oilfield.

What Next for the Region?

With the diplomatic path stalled, tensions are rising. President Donald Trump shared an article suggesting a possible maritime blockade on Iran, a move that could impact nations dependent on Iranian oil, including India and China. Meanwhile, Israeli strikes continued on southern Lebanon, with Lebanese state media reporting multiple casualties near Tyre. As one English news portal India noted, the Strait of Hormuz has emerged as a new strategic flashpoint. For now, the world waits to see if the ceasefire holds or if the region slides back into wider conflict.

US-Iran Ceasefire: Trump Suspends Strikes For Two Weeks After Pakistan’s Intervention

Tehran agrees to conditional truce and reopening of Strait of Hormuz; talks scheduled for April 10 in Islamabad

In a dramatic last-minute reversal, US President Donald Trump announced a two-week suspension of bombing and attacks against Iran on Tuesday, just hours before a midnight deadline that threatened “a whole civilisation will die tonight.” The conditional truce, which also involves Israel, was brokered by Pakistan following urgent appeals from Prime Minister Shehbaz Sharif and Field Marshal Asim Munir.

Pakistan’s Diplomatic Intervention

Sources indicated that Pakistan emerged as the central intermediary in backchannel talks, with Field Marshal Munir reportedly in contact with US Vice President JD Vance, special envoy Steve Witkoff and Iran’s Foreign Minister Abbas Araghchi throughout the night. Trump acknowledged on his Truth Social platform that he agreed to hold off “the destructive force being sent tonight to Iran” after conversations with Sharif and Munir, who requested an extension to allow diplomacy to run its course.

Conditional Ceasefire Terms

The two-week pause is contingent upon Iran’s agreement to the complete, immediate and safe reopening of the Strait of Hormuz, a vital shipping route for nearly one-fifth of the world’s oil supply. Trump stated that US military objectives had “already been met and exceeded”, framing the decision as a strategic recalibration rather than a retreat. Tehran confirmed it would cease “defensive operations” if attacks against it stop, and promised safe passage through the strait under coordination with Iranian armed forces.

Iran’s 10-Point Plan And Victory Claims

Iran’s Supreme National Security Council declared the outcome a “victory” for Tehran, claiming that Washington had accepted in principle its 10-point peace framework. The proposal reportedly includes guarantees against future aggression, continued Iranian oversight of the Strait of Hormuz, acceptance of Iran’s uranium enrichment rights, and the lifting of all sanctions. However, Trump described the plan only as “a workable basis on which to negotiate”, while cautioning that nothing was final until announced by the White House.

Israel’s Position And Regional Divergence

Israeli Prime Minister Benjamin Netanyahu’s office said Israel supports the temporary truce, subject to Iran immediately reopening the straits and halting all attacks. However, Netanyahu made it clear that the ceasefire “does not include Lebanon”, indicating that Israeli operations against Hezbollah are expected to continue. This position contradicts the announcement by Pakistan’s Prime Minister, who had claimed the ceasefire would apply “everywhere including Lebanon”.

International Reaction And Market Impact

The United Nations Secretary-General Antonio Guterres welcomed the truce and called on all parties to comply with their obligations under international law. Iraq also welcomed the development, calling for “serious and sustainable dialogue” between the nations. Global oil prices plunged by nearly 15 per cent following the announcement, while stock markets rallied sharply as fears of a wider regional conflagration eased.

What Next

Negotiations between Washington and Tehran are scheduled to begin in Islamabad on Friday, 10 April, with the stated goal of finalising a comprehensive agreement. Iranian officials said the talks could extend beyond 15 days if both sides agree. Tehran has stressed that the temporary ceasefire does not mean an end to the war, pending negotiations on the details of its 10-point proposal. Observers note that the coming days will test whether the fragile truce can hold amid deeply entrenched positions and a complete lack of trust between the two adversaries.