Trump Pressures Iran As Islamabad Talks Aim To Secure Lasting Middle East Truce

MarketPulse by OANDA Group730 FollowersFollow5ShareSavePlay(8min)CommentsSummaryPresident Trump increased pressure on Iran ahead of direct talks in Islamabad, warning that Tehran has little leverage beyond disrupting the Strait of Hormuz and threatening further US military action if negotiations fail.The Strait of Hormuz remains the main obstacle to a lasting deal, as its continued closure is disrupting global oil and gas supplies, pushing crude prices higher, and keeping financial markets on edge.Despite a fragile ceasefire, ongoing fighting between Israel and Hezbollah in Lebanon and Iran’s demands for a Lebanon ceasefire, release of blocked assets, and war reparations are complicating efforts to reach a broader peace agreement. IURII KRASILNIKOV/iStock via Getty Images By Krzysztof Kamiński President Donald Trump intensified pressure on Iran on Friday as the United States and Iran prepared for direct talks in Islamabad, Pakistan, aimed at turning a fragile two-week ceasefire into a more durableThis article was written byMarketPulse by OANDA Group730 FollowersFollowMarketPulse is an award-winning industry analysis and news site service created by OANDA Business Information & Services, Inc. Covering forex, commodities, global indices and more, our goal is to give timely, relevant and informative commentary on major macroeconomic trends, technical analysis and worldwide events impacting the industry.