00:00U.S. President Donald Trump has cancelled a planned trip to Pakistan by envoys Steve
00:05Witkoff and Jared Kushner for peace talks with Iran.
00:08Iran's Foreign Minister Abbas Arachi and its delegation left Islamabad on Saturday after
00:14laying out Tehran's demands and its reservations about the U.S. positions to Pakistan.
00:19Earlier Tehran had said it would not meet U.S. officials directly.
00:24Washington and Tehran are at a costly impasse and fighting that began on February 28 with
00:29U.S. and Israeli strikes on Iran, in which thousands have been killed.
00:34The conflict, entering its ninth week, has largely closed the Strait of Hormuz, which normally
00:39carries one-fifth of global oil shipments.
00:42That's pushed up energy prices, stoking inflation and darkening global growth prospects.
00:48Earlier this month, U.S. Vice President J.D. Vance led a first round of unsuccessful talks
00:53in Pakistan.
00:54Trump extended a two-week ceasefire on Tuesday to allow more time to reconvene the negotiations
01:00on Friday.
01:01Speaking on Friday, U.S. Defense Secretary Pete Hedseth told reporters that Iran knows there's
01:05still an opportunity at the negotiating table and that all they have to do is abandon a nuclear
01:10weapon in meaningful and verifiable ways.
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