00:00Iran's Foreign Minister Abbas Arachi has arrived in Russia for talks with President Vladimir Putin
00:06as negotiations with the United States on ending an eight-week war remain stalled.
00:12Arachi says Washington's excessive demands have caused peace negotiations to fail in Islamabad
00:19in comments made to local reporters after arriving in St. Petersburg.
00:24He added that he will consult with Russian allies about the war in the Middle East.
00:31Arachi's arrival in Russia comes after talks with mediators in Islamabad.
00:36He told reporters that the discussions address the conditions under which the peace negotiations can continue.
00:44The Foreign Minister also mentioned the ongoing Iranian closure of the Strait of Hormuz.
00:48He said safe passage through the crucial waterway remains a global issue
00:54and calls for neighbors, including Oman, to work closely on their mutual interest in the Strait.
01:01U.S. President Donald Trump has said Iran can reach out if it wants to negotiate an end to the
01:08conflict.
01:09With approval ratings falling, Trump is under pressure, domestic pressure, to end the unpopular war.
01:16Meanwhile, Iran, despite military setbacks, retains leverage through its ability to disrupt shipping in the Strait of Hormuz,
01:24a route that normally carries about a fifth of global oil supplies.
01:30Oil prices were higher on Monday as plans for a second round of peace negotiations between the U.S. and
01:36Iran unraveled again.
01:40Oil prices had on Monday as plans for a second-linear wieland装飾kee还 in place.
01:41Oilers were quite still in the morning.
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