U.S.–Iran two‑week truce remains shaky

- President Donald Trump kept the U.S.-Iran ceasefire in place after weekend talks collapsed, but canceled envoy travel and told Tehran to “call” if it wants a deal. - Iranian officials said they will not negotiate while the U.S. naval blockade remains, leaving the Strait of Hormuz largely shut and Brent near $108. - Pakistan is still trying to bridge gaps over Hormuz and nuclear terms as markets price renewed risk. (reuters.com)

The U.S.-Iran ceasefire is still technically in place, but the diplomacy behind it is now running by phone calls, shuttle visits and public threats. (reuters.com) (nytimes.com) President Donald Trump said on April 26 that U.S. envoys would not fly to Pakistan for more talks and that Iran could “call” if it wanted an agreement. Reuters reported that Pakistani mediators kept working anyway after the face-to-face round fell apart. (reuters.com) (cbsnews.com) Iran’s position has stayed public and specific: no negotiations while the U.S. naval blockade of Iranian ports remains in place. Iranian officials have also tied any reopening of the Strait of Hormuz to changes in that blockade. (reuters.com) (france24.com) That leaves the truce looking less like a settlement than a pause in a wider standoff over shipping and war aims. The ceasefire began on April 8 after nearly 40 days of fighting and was extended by Trump on April 21, hours before its original deadline. (cfr.org) (reuters.com) The biggest unresolved issue is sequencing. Reuters reported that Iran’s latest proposal would first end the war and shipping standoff, while pushing broader nuclear negotiations to a later stage; Washington wants nuclear terms settled from the outset. (reuters.com 1) (reuters.com 2) Markets reacted to that deadlock at the Asian open on April 27. Reuters said Brent crude rose more than 2% to a three-week high of $107.97 a barrel, while U.S. stock futures slipped and Gulf shipping stayed blocked. (reuters.com) The military pressure has not disappeared with the diplomacy. Trump said on April 21 that the ceasefire would continue while Iran produced a “unified proposal,” but he also said the U.S. Navy blockade of Iran’s ports and shore would remain. (reuters.com) (apnews.com) Iranian officials answered that extension by saying Tehran had not asked for it and by warning that the blockade itself was an act of war. Associated Press also reported that, before the extension, both sides had warned they were prepared to resume fighting without a deal. (reuters.com) (pbs.org) For now, Pakistan is still trying to keep the channel open while Iran’s foreign minister shuttles through regional capitals and Russia. The ceasefire has reduced immediate airstrike risk, but the gap over Hormuz and nuclear terms is still where the truce could break. (reuters.com) (nytimes.com)

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