Listen to this article in summarized format "Trump is committed to see a full regional ceasefire," Vance said, adding that the president had "empowered us to find a diplomatic solution to a host of issues" and had asked the team to "turn over a new leaf" in Washington's relationship with the Iranian people. Also read: Indian refiners increase Russian and UAE oil imports ahead of Hormuz recovery Vance said the talks, which also included Qatari mediators in a trilateral format, marked an unprecedented moment in the two countries' diplomatic history. "The technical negotiations may not solve every disagreement, but it will allow us to sit together as teams for the first time in history," he said. "What we're trying to accomplish is through diplomacy to work together to transform the Middle East," Vance said, describing the central question as "whether we can change relations in the Middle East permanently." He added that the US now saw "a future together where everyone can work together to promote peace and prosperity," while noting that Washington still viewed Iran as "a driver of regional instability." Despite the optimism, Vance struck a measured note. "These kinds of ceasefires are always a little bit messy," he said, even as he confirmed that the two sides had made "great progress in the last few hours." The framework underpinning the current talks was signed last week, and both sides are now in a 60-day window to hammer out technical details that carry significant implications for global energy markets and international security. Vance's arrival had originally been scheduled for Friday but was delayed after fighting escalated in Lebanon between Israel and Hezbollah, and Iran announced it had closed the Strait of Hormuz, a waterway through which roughly a fifth of the world's traded oil and gas transits. Also read: Oil keeps flowing through Hormuz despite Iran saying it’s shut The US delegation also includes special envoy Steve Witkoff and Jared Kushner, who had already been on the ground ahead of Vance to begin working through the nuclear specifics. Iran's delegation is led by parliamentary speaker Mohammad Bagher Qalibaf and Foreign Minister Abbas Araghchi, along with central bank and oil officials. Pakistani Prime Minister Shehbaz Sharif and army chief Field Marshal Asim Munir are also part of the broader talks, alongside Qatari mediators. Iranian President Masoud Pezeshkian said on Sunday that Tehran would not give up its right to enrich uranium, stating the other side was "forced to accept it." The deal signed by Trump and Pezeshkian allows Iran to sell oil freely and would unlock billions in currently frozen Iranian assets, while also requiring Tehran to dilute its stockpile of highly enriched uranium. (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel) Explore More Stories
Listen to this article in summarized format "Trump is committed to see a full regional ceasefire," Vance said, adding that the president had "empowered us to find a diplomatic solution to a host of issues" and had asked the team to "turn over a new leaf" in Washington's relations…
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International mediators have proposed a 10-day ceasefire between the United States and Iran, according to a senior Iranian official cited in reports. The measure is described as intended to reduce hostilities and allow renewed talks on a prior interim agreement.
Both sides are assessing next steps in the current regional security situation.
Reports indicate that a US-Iran ceasefire has broken down amid renewed fighting, with the potential impact of mediation efforts by Pakistan, Qatar, and Oman remaining unclear. Earlier diplomatic steps included a June memorandum of understanding between the parties for further negotiations and talks hosted in Geneva in February.
The summary also references Europe’s historical role in diplomacy, including the 1814-15 Congress of Vienna.
Donald Trump stated in a Fox News interview that his representatives had spoken with Iranian officials an hour earlier and that those officials wanted to make a deal to end the conflict, though he noted they had broken prior agreements and expressed uncertainty about whether one would be reached.
He added that people do not want to die and that Iran would need to proceed carefully to avoid further losses. The remarks come amid an ongoing US-Iran conflict that has involved casualties and shipping disruptions in the Strait of Hormuz, with some social media users criticizing the repetition of similar statements.
Why the Iran-US ceasefire is falling apart Iran and the US have resumed fighting because they don’t see each other as ‘reliable negotiating partners’, says analyst Ali Vaez. Neither Iran nor the United States seems able to deliver a “knockout blow at an acceptable price” to the other side, and both know “they have no choice other than engaging in diplomacy”, but they’re not ready to make uncomfortable concessions, argues Ali Vaez, director of the Iran Project at International Crisis Group.
Vaez tells host Steve Clemons that Tehran and Washington are trying to “enforce their own interpretation” of the ceasefire agreement they signed last month. President Trump has become “frustrated” with diplomacy because he’s not seeing “the kind of quick results that he likes to see”, Vaez says.