US-Iran Peace Talks Uncertain as Ceasefire Ends

Two-week US-Iran ceasefire set to expire this week, with Iran rejecting further talks citing excessive US demands.
US warship seized Iranian-flagged cargo vessel TOUSKA in Gulf of Oman, breaching naval blockade and raising tensions.
Oil prices rose as energy markets rebounded after previous sell-off, reflecting renewed Gulf tensions and uncertainty over Strait of Hormuz.
US Energy Secretary Chris Wright said negotiations are progressing, describing Trump as a “creative negotiator” and optimistic about reopening the strait.