Efforts to resume peace talks over the Iran war stalled after US President Donald Trump cancelled a planned trip by his top envoys and the Islamic Republic said it won’t negotiate so long as it’s being threatened.

Trump on Saturday told Jared Kushner and Steve Witkoff to skip the trip to Pakistan, which is mediating talks, and later told reporters that Iran “offered a lot, but not enough.” Iranian President Masoud Pezeshkian said his nation won’t enter “imposed negotiations under threats or blockade.”

While a ceasefire has mostly held since early April, both countries are maintaining a blockade on the Strait of Hormuz, making the key energy chokepoint virtually impassable. The disruption to about a fifth of the world’s oil flows has been dubbed the biggest supply shock in history by the International Energy Agency, and the conflict has prompted cuts to global economic growth forecasts.

“Too much time wasted on traveling,” Trump wrote in a social media post.

“Nobody knows who is in charge, including them. Also, we have all the cards, they have none! If they want to talk, all they have to do is call!!!”

Bloomberg

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