Trump accuses Iran of repeatedly violating a two‑week cease‑fire that expires Wednesday night, while saying the US holds a strong negotiating position.
New peace talks are slated in Islamabad with US Vice President JD Vance expected to lead the delegation despite White House signals.
Iran’s closure of the Strait of Hormuz, a key oil route, has spiked crude prices and raised global inflation concerns.
US stock futures rose while oil prices fell after Pentagon boarded a sanctioned tanker, and Trump called the blockade a “tremendous success.”