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US-Iran peace hopes fade as Trump scraps talks

Pakistan is still mediating indirect talks as Iran demands an end to the U.S. blockade and officials warn the conflict is driving up energy prices.

  • On Saturday, President Donald Trump canceled a trip to Islamabad for top envoys Steve Witkoff and Jared Kushner, halting planned peace negotiations with Iran.
  • The administration announced sanctions Friday on roughly 40 shipping entities linked to Iranian oil exports, while Iran maintains a grip on the Strait of Hormuz blocking global energy shipments.
  • Iranian President Masoud Pezeshkian told Pakistani Prime Minister Shehbaz Sharif that Iran requires the U.S. to remove port blockades before negotiating, though Trump claimed Iran sent a "much better" proposal within 10 minutes of the cancellation.
  • Pakistan continues to facilitate indirect mediation between Washington and Tehran; Foreign Minister Abbas Araghchi visited Oman on Sunday to discuss the Strait of Hormuz.
  • Political analyst Syed Mohammad Ali noted that the negotiation process "requires wisdom and patience from both sides," as the ceasefire remains in effect despite weekend setbacks.
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Iranian Foreign Minister Abbas Araqchi returned to the Middle East after mediation negotiations in Pakistan on the weekend, while Donald Trump canceled visiting Islamabad envoys

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ABC Australia broke the news in Australia on Saturday, April 25, 2026.
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