Vance Leads Iran Talks to Reopen Strait

U.S. Vice President JD Vance heads delegation in Islamabad to negotiate unconditional reopening of the Strait of Hormuz.
Iran’s team, led by Speaker Mohammad Bagher Ghalibaf and FM Abbas Araghchi, demands release of blocked assets and Lebanon ceasefire.
Conflict has shut the strait, cutting 15% of global oil supply and costing the Pentagon $25‑$35 billion.
US awarded $4.7 billion Lockheed Martin contract for Patriot interceptors as Trump warns of loading ammunition onto ships.