The hours diplomatic talks between US and Iran have paused in Islamabad as hopes of ceasefire continue following more than a month of conflict, while differences between Strait of Hormuz remain.
US-Iran negotiations appeared to have concluded for now, Reuters reported citing the Iranian governemnt on Sunday following a set of talks Pakistan.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
The weekend talks in Islamabad marked the first direct meeting between US and Iran in over a decade and the highest level discussions since the Islamic Revolution in 1979. These discussions are expected to determine the the fate of temporary two-weel ceasefire and repopening of the Strait of Hormuz, a key connectivity route for nearly 20% of global energy supplies, which has been disrupted since the war began.
Iran said that the talks concluded reportedly after 14 hours and technical experts from both sides would exchange documents.
"Negotiations will continue despite some remaining differences," Iran said in a post on X, without specifying when the next set of talks will start.
These talks are expected to continue on Sunday, the newsportal said citing an Iranian state TV reporter.
ALSO READ: Iran Maintains Hardline As First Phase Of US Talks Concludes
As the negotiations began, US military said that it was "setting conditions" to address disruptions in the Strait of Hormuz. This key chokepoint is the primary issue to the ceasefire talks. The differences lie over Iran charging fees for vessels to pass through the strait.
US Vice President JD Vance, special envoy Steve Witkoff and President Donald Trump's son-in-law Jared Kushner met Iranian foreign minister Abbas Araqchi and parliamentary speaker Mohammad Baqer Qalibaf for two hours before a rest, the Reuters report said citing a person aware of the development from mediator Pakistan.
The US administration had not yet shared the details on whether these talks have concluded or any differences continue.
On Friday, Iranian delegation arrived wearing black in mourning for late supreme leader Ayatollah Ali Khamenei and others killed in the war. They carries shoes and bags of some students allegedly killed in the US bombing of a school next to a military compound, the Iran government said.
ALSO READ: Iran Can't Find Its Own Mines In The Strait of Hormuz — Why That's The Real Problem
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.