Iran: US peace talks stalled amid Hormuz crisis

The article discusses the failure of the negotiations between Iran and the United States to revive the nuclear agreement, amid ongoing disagreements over sanctions lifting and the opening of the Strait of Hormuz. Tehran asserts that Washington violated the agreement and withdrew from it just 48 hours after signing. Tensions on the ground are also escalating, as two ships were attacked near the Bab el-Mandeb Strait and the coast of Pakistan, resulting in the death of four individuals and damage to cargo ship equipment. These events have impacted oil prices, which have risen by 75% since the start of the war in February 2025, reaching a peak of $126 per barrel. However, prices have stabilized today at around $88, as experts have reduced their global demand forecasts for 2026.

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