Iran is considering attending peace talks with the United States in Pakistan as a two-week ceasefire approaches expiration, according to officials, amid continued tensions over a U.S. naval blockade and disruptions in the Strait of Hormuz. The potential talks come as military incidents and energy market volatility persist.
- Iran is “positively reviewing” participation in U.S.-led talks in Pakistan but has not made a final decision.
- The ceasefire, announced April 7, is expected to expire this week unless extended.
- The U.S. has maintained a naval blockade on Iranian ports, cited by Tehran as a major obstacle to negotiations.
- U.S. forces recently intercepted and boarded an Iranian-flagged cargo vessel after a standoff in the Gulf of Oman.
- Iran has alternated between reopening and restricting traffic through the Strait of Hormuz, a key global energy route.
- Oil prices rose roughly 5% as traders reacted to uncertainty around the ceasefire and shipping disruptions.
- Pakistan has deployed significant security resources in Islamabad ahead of potential negotiations.
- China, a major buyer of Iranian oil, has called for de-escalation and resumption of normal shipping activity.
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Editor’s Note: This is a developing story. This article may be updated as more detail