US optimistic about reaching peace deal with Iran as second round of talks considered in Pakistan

US officials express optimism about reaching a peace deal with Iran, with discussions underway for a potential second round of talks in Pakistan. This comes as Tehran threatens to halt Red Sea trade if Washington does not lift a naval blockade on its ports. A Pakistani delegation arrived in Tehran with a new message from Washington, following indications from US President Donald Trump that negotiations could resume. White House Press Secretary Karoline Leavitt stated that further talks would likely occur in the Pakistani capital, expressing confidence in the prospects of a deal. This optimism follows Pakistan Prime Minister Shehbaz Sharif’s diplomatic efforts, including a meeting with Saudi Arabia’s Crown Prince Mohammed bin Salman. US Vice President JD Vance, who led the initial talks, mentioned a “grand bargain” offer to Iran to end the six-week conflict with Israel and the United States and address the long-standing dispute over Tehran’s nuclear program. Israeli Prime Minister Benjamin Netanyahu outlined shared goals with the US: removal of enriched material from Iran, elimination of enrichment capability, and reopening the Strait of Hormuz. The strait, a vital oil passage, has been affected by Iranian forces since the US-Israeli offensive began. IMF chief Kristalina Georgieva warned of global economic challenges if the conflict persists and oil prices remain high. Despite this, optimism regarding an accord led to record highs on Wall Street and a drop in crude prices. The