US-Iran ceasefire nears collapse

The United States and Iran are exchanging threats as the deadline for their temporary ceasefire looms, with global energy markets reacting to the uncertainty.

President Trump suggested that Vice President JD Vance is prepared to lead a delegation to Islamabad, yet Iranian officials have signaled they will not negotiate under the shadow of military threats.

The conflict has severely disrupted maritime traffic in the Strait of Hormuz, prompting the UN to prepare evacuation plans for hundreds of stranded vessels.

Military analysts warn that a failure to extend the truce could lead to a significant escalation in regional violence.