Iran-Israel war LIVE: U.S.-sanctioned supertankers enter Gulf despite blockade
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The US is discussing a possible second round of peace talks with Iran in Pakistan, as Tehran threatens to shut down Red Sea trade unless Washington lifts a naval blockade of its ports. IMF chief Kristalina Georgieva warned of 'tough times ahead' for the global economy if the West Asia war remains unresolved and oil prices stay high.
The US is optimistic about reaching a deal with Iran, officials said, as a Pakistani delegation arrived in Tehran with a new message from Washington. US President Donald Trump indicated negotiations could resume this week following last weekend's abortive talks in Islamabad. Tehran has threatened to shut down Red Sea trade unless Washington lifts a naval blockade of its ports. IMF chief Kristalina Georgieva warned of 'tough times ahead' for the global economy if the war remains unresolved and oil prices stay high. Inflation risks could seep into food prices, she added. The situation remains tense, with US-sanctioned supertankers entering the Gulf despite the blockade.
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