US envoys Steve Witkoff and Jared Kushner, plus Iranian FM Abbas Araghchi, will travel to Pakistan for new Iran talks, per White House.
President Trump extended the Israel‑Lebanon ceasefire by three weeks while keeping an indefinite US‑Iran ceasefire and a blockade of Iranian ports.
Iran’s Strait of Hormuz actions and US naval orders pushed Brent crude above $100, with Brent at $104.88 and WTI at $94.15.
Higher oil prices raise inflation fears and could slow global growth, prompting markets to watch the conflict’s impact closely.