Iran's UN envoy says US has privately indicated to Iranians that it would soon lift its blockade, which is a demand Tehran has made for returning to the negotiations in Islamabad, AP's Farnoush Amiri reports

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VP Vance has for now paused plans to travel to Pakistan on Tuesday for negotiations with Iran over ending the war, and Trump is privately discussing cancelling the trip altogether, WSJ reports citing a source

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Iran's UN envoy says US has privately indicated to Iranians that it would soon lift its blockade, which is a demand Tehran has made for returning to the negotiations in Islamabad, AP's Farnoush Amiri reports

Steve Witkoff and Jared Kushner were seen arriving at the White House Tuesday afternoon as uncertainty looms over potential peace talks in Pakistan, via CNN

Pakistani source says It is too early to talk about the failure of the second round of negotiations. We have not received any apology from either the American or Iranian side for not participating; via Al Hadath

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Context

The indication from the US regarding a potential lifting of the blockade on Iran is a significant development, as it may pave the way for Iran's return to negotiations. This could lead to an increase in Iranian oil supply, impacting global energy prices, particularly WTI. Traders should monitor energy markets closely, as any shifts in supply dynamics could lead to volatility in commodities markets.

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