Live Updates: With U.S. and Iran locked in Strait of Hormuz standoff, Hezbollah rejects Lebanon ceasefire
Iran's foreign minister is expected in Islamabad for possible U.S.-Iran peace talks, while Hezbollah rejects a Lebanon ceasefire extension. U.S. stock futures and European shares slumped amid uncertainty over new U.S.-Iran negotiations.
Iran's foreign minister, Abbas Araghchi, is visiting Islamabad for 'bilateral consultations' amid reports of possible U.S.-Iran peace talks. Hezbollah has rejected a three-week extension of the Israel-Lebanon ceasefire announced by President Trump. U.S. Defense Secretary Pete Hegseth stated that American allies in Europe and Asia should support the U.S. in the Strait of Hormuz, saying the 'free ride' is over. The U.S. has imposed a military blockade on Iranian ports and vessels, aiming to force Tehran to agree to a deal. Oil prices continued to rise amid uncertainty over the negotiations.
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