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Day 44 of the US‑Iran war ended without a peace deal as a marathon 21‑hour session in Islamabad collapsed, jeopardising the fragile cease‑fire that has held since the conflict began over six weeks ago.Vice President JD Vance, leading the US delegation, told reporters that the lack of an agreement was "bad news for Iran much more than it’s bad news for the United States of America," before departing Pakistan.Pakistan’s Foreign Minister Ishaq Dar pledged that Islamabad would continue to facilitate dialogue between the two longtime adversaries.In Iran, officials downplayed expectations, noting that no one anticipated a settlement in a single session. State‑run IRIB quoted ministry spokesperson Esmaeil Baghaei saying the talks were never expected to conclude quickly. Meanwhile, Tehran residents expressed a mix of scepticism and hope after weeks of air attacks that have left a nation of 93 million people reeling; more than 2,000 Iranians have been killed in the US‑Israel‑Iran conflict.In the United States, Vance reiterated that the delegation left with a "final and best offer" for Iran, emphasizing that Washington had communicated its position repeatedly during the talks. He cited multiple conversations with President Donald Trump, Secretary of State Marco Rubio, Treasury Secretary Scott Bessent, and Central Command head Brad Cooper. Trump, however, maintained that the US had already "won" on the battlefield by eliminating Iranian leaders and key infrastructure, stating that a deal would not alter the outcome.The US military reported that two destroyers transited the Strait of Hormuz ahead of planned mine‑clearing operations – a first since hostilities began – though Iran’s state media claimed the joint command denied the movement.Academic David Des Roches of the Thayer Marshall Institute told Al Jazeera that while Washington clarified its stance, it did not shift its core demand: preventing Iran from acquiring a nuclear weapon.In Lebanon, Israel continued strikes, claiming to have hit a "loaded and ready‑to‑launch rocket launcher" in Jouaiya, southern Lebanon. Protests have erupted in Beirut against any direct Israel‑Lebanon negotiations. The Lebanese Ministry of Public Health reported at least 2,020 deaths and 6,436 injuries from Israeli attacks since March 2.In Israel, Channel 12 reported that a drone launched from Lebanon triggered sirens in the Upper Galilee before being intercepted.The stalemate has kept global oil and gas prices soaring, underscoring the broader economic ripple effects of a war that shows no sign of abating.

The collapse of talks between the US and Iran has sent shockwaves through global markets, fuelling fears of a prolonged energy crisis and rising inflation. The failure to reach a peace deal has left large numbers of oil tankers stuck in the Persian Gulf, with oil prices fluctuating wildly in response to the uncertainty.US Vice-President JD Vance has blamed the collapse of the talks on Tehran's refusal to abandon its nuclear weapons programme, while Iranian sources have hit back at what they describe as 'excessive' demands from Washington. The stalemate has raised concerns about the long-term impact on the global economy, with governments and central banks warning of higher inflation and interest rates.Mohamed El-Erian, an adviser to Allianz, has cautioned that uncertainty will continue to dominate assessments of the financial impact from the conflict. 'Absent a swift resumption of negotiations, the immediate reaction of financial markets when they open for the trading week will be to push oil prices higher and borrowing costs higher,' he said.The International Monetary Fund and World Bank's spring meetings in Washington will focus on the war's impact on the global economy, with the IMF's managing director, Kristalina Georgieva, indicating that the fund will present three scenarios predicting lower economic growth and higher inflation. The IMF is also expected to highlight the impact on vulnerable economies.In the short term, oil prices have ended the week lower, with Brent crude at $94.26 a barrel and West Texas Intermediate crude at $95.63 a barrel. However, global stock markets have rebounded after a temporary ceasefire was announced, with the S&P; 500 close to its level before the US-Israeli attacks on Iran began.

The United States and Iran have initiated direct talks in Islamabad, Pakistan, in an effort to bring an end to their six-week conflict. These face-to-face discussions, confirmed by the White House, follow a recent fragile ceasefire agreement and separate bilateral meetings with Pakistani Prime Minister Shehbaz Sharif. The US delegation, led by US Vice President JD Vance, includes special envoy Steve Witkoff and Jared Kushner, son-in-law of President Donald Trump. The Iranian delegation, comprising over 70 people, is headed by parliamentary Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi. According to Iranian state media, the talks proceeded after Iranian preconditions were met, including a reduction in Israeli attacks on Lebanon. Iran had insisted on the inclusion of Lebanon in the ceasefire and the lifting of US sanctions as prerequisites for the negotiations. Pakistani Prime Minister Sharif expressed hope that these talks would serve as a stepping stone toward durable peace in the region. Despite earlier assertions from Tehran that they would not engage without commitments on Lebanon's inclusion and US sanctions, the negotiations have moved forward. Sources indicate some progress on basic conditions, including the need for a ceasefire in Lebanon, with reports of a possible understanding to limit strikes to southern Lebanon. There are also indications of potential movement on the unfreezing of Iranian assets. US President Donald Trump posted on social media that the only reason Iranian officials were alive was to negotiate a deal, stating that Iran had no cards other than short-term extortion. Vance expressed optimism about a positive outcome but warned that the negotiating team would not be receptive if Iran tried to play them.

Israel has firmly stated that it will not engage in discussions about a ceasefire with Hezbollah when it meets with Lebanese officials in Washington next week. This stance comes as Israeli attacks on Lebanon continue, intensifying diplomatic efforts to address the escalating conflict. Israeli Ambassador Yechiel Leiter confirmed that the talks will mark the beginning of formal negotiations with the Lebanese government, despite the absence of diplomatic relations between the two countries. However, Israel has ruled out any discussion involving Hezbollah, labeling the group a terrorist organization. The diplomatic push includes US involvement, with the American delegation, including US Vice President JD Vance, set to engage in talks with Iranian representatives in Islamabad. The US and Iran had agreed to a two-week pause in hostilities, but Israel has rejected the interpretation that this includes a ceasefire with Hezbollah. Iran has responded by keeping the Strait of Hormuz shut and stated it will not engage in negotiations without a ceasefire in Lebanon and the release of frozen Iranian assets. The conflict has resulted in close to 2,000 deaths in Lebanon in recent weeks, with over 350 killed on Wednesday alone. Next week's talks are likely to focus on demands directed at the Lebanese state, which has long struggled to contain Hezbollah. The situation remains volatile, with no sign of easing in the fighting.

Senior Iranian officials, including parliamentary speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi, have arrived in Islamabad, Pakistan, for ceasefire talks with the United States. The US delegation, led by Vice President JD Vance, along with special envoy Steve Witkoff and Jared Kushner, is representing Washington in the negotiations.Ahead of the talks, Vance indicated a potential opening for diplomacy, stating that Washington is ready to “extend an open hand” if Iran negotiates in good faith. However, the situation on the ground remains volatile, with Lebanon’s Health Ministry reporting that at least 357 people were killed in Israeli attacks on Wednesday, with the death toll expected to rise.In IranIran is experiencing a near internet blackout that has passed 1,000 hours, making it one of the longest nationwide internet disruptions on record, according to the monitoring group NetBlocks.Analyst Zohreh Kharazmi noted that Iranians remain sceptical ahead of the negotiations, despite Tehran believing it holds leverage, including over the Strait of Hormuz.War DiplomacyIran’s delegation of top officials arrived in Islamabad for ceasefire talks with the US, as reported by Iranian state television on Friday.Lebanon’s presidency announced that a meeting will be held at the US Department of State on Tuesday to discuss declaring a ceasefire and the start date for negotiations between Lebanon and Israel under US auspices.Iran demands a truce in Lebanon and the release of its blocked assets as Vance warned Tehran not to “play” Washington in their talks.US President Donald Trump stated that Iran has “no cards” in upcoming talks with the US and mentioned that US warships are being reloaded with weaponry to strike Iran if the talks fail to produce a deal.In the USTrump says the Strait of Hormuz will reopen ‘fairly soon’, pledging that Washington will “open up the Gulf” amid ongoing disruption to global energy supplies.Former US ambassador Douglas Silliman noted that Trump is likely to push for a fast outcome in the talks to ease economic pressure, with the reopening of the Strait of Hormuz seen as a critical priority.US consumer prices surged to a two-year high, increasing pressure on the administration as economic concerns grow at home.In IsraelThe US has reportedly asked Israel to halt attacks on Hezbollah in Lebanon to avoid derailing negotiations, with the current US-Iran ceasefire set to expire on April 21.Israel’s military operations and expanding ground offensive in Lebanon continued, even as ceasefire negotiations were scheduled.In Gaza and JerusalemMore than 100,000 people attended the first Friday prayers at the Al-Aqsa Mosque in East Jerusalem since its reopening following the US-Iran truce, the holy site’s Islamic authority reported.An Israeli air strike killed at least six people and injured several others at the Bureij refugee camp in the central Gaza Strip, according to the Gaza Health Ministry.In LebanonHeavy toll from Israeli attacks: Lebanon’s Health Ministry reported that nearly 2,000 people have been killed by Israeli air strikes and ground operations since early March, with thousands more wounded.Lebanon is facing a food security crisis, with prices surging and supply chains disrupted amid Israel’s offensive, according to the United Nations World Food Programme (WFP).

Israeli Prime Minister Benjamin Netanyahu announced on Thursday that his cabinet has been directed to begin cease‑fire talks with Lebanon "as soon as possible", a day after Israel launched its largest‑scale offensive against the neighbour, resulting in over 300 fatalities and more than 1,150 injuries.Netanyahu said the request followed “repeated calls” from Beirut for direct dialogue, yet he reaffirmed that Israel will continue targeting Hezbollah. Analysts caution that the intensified strikes could undermine the US‑Iran cease‑fire negotiations slated to start Saturday in Pakistan.The heavy bombing on Wednesday was carried out without the customary warnings, just hours after the United States and Iran announced a two‑week cease‑fire in the broader US‑Israel‑Iran conflict that began on 28 February. While attacks persisted into Friday, their intensity had lessened, and Hezbollah responded with missile fire into Israeli territory.Experts suggest the Wednesday onslaught was designed to disrupt Tehran’s diplomatic overtures, as Iran has insisted that any negotiations must be predicated on a halt to hostilities against both Iran and its ally Hezbollah.Hezbollah, which originated as a resistance movement to Israel’s 18‑year occupation of southern Lebanon (1982‑2000), now functions as both a political party and a formidable armed group—described as comparable to a medium‑sized army and stronger than the Lebanese military.Both Israeli and Lebanese officials have signalled a willingness to engage in peace talks, but Israel’s ongoing bombardment fuels scepticism. Netanyahu reiterated that disarming Hezbollah remains a top priority, even as he ordered the commencement of negotiations.Israeli army chief Eyal Zamir warned on X that the Israeli Defence Forces will continue to fight Hezbollah with “great intensity” and are prepared to resume full‑scale operations if required.Lebanese Prime Minister Joseph Aoun welcomed the prospect of talks, yet Beirut has insisted that any negotiations must occur only after a complete halt to Israeli attacks.The United States is reportedly applying pressure on Israel to curb its campaign. According to a Wall Street Journal report, former President Donald Trump called Netanyahu to urge an end to the bombing, a message echoed by Vice President JD Vance, who said Israel had agreed to “check itself” in Lebanon. European allies, notably Germany and France, have also called for an immediate cessation of hostilities.Hezbollah, which holds 15 of Lebanon’s 128 parliamentary seats, has categorically rejected any dialogue with Israel. Analysts note that Iran’s insistence on including Lebanon in the cease‑fire agreement could strain relations with the Lebanese government, which seeks a greater say in any war‑time decisions.Iran’s 10‑point peace proposal to the United States explicitly demands that Israel halt attacks on all Iranian allies, including Hezbollah, for the cease‑fire to hold. Continued Israeli strikes are therefore viewed as a “grave violation” of Tehran’s red lines and could jeopardise the fragile truce.Confusion persists over whether Lebanon was part of the US‑Iran cease‑fire deal. While Pakistan’s Prime Minister Shehbaz Sharif affirmed that the agreement covered “everywhere including Lebanon,” U.S. officials, including Trump and Vance, later claimed Lebanon was not included, leading to mixed messages on the ground.As displaced Lebanese begin returning home, the uncertainty surrounding the cease‑fire’s scope underscores the complex web of regional actors—Israel, Hezbollah, Iran, the United States, and Pakistan—each influencing the prospects for a sustainable peace.

Despite a supposed ceasefire in the Gaza Strip, thousands of families are still unable to bury their loved ones six months into the agreement. The conflict, which began in October 2023, has left about 10,000 Palestinians missing and believed to be buried under collapsed buildings.An internationally mediated agreement was signed between Israel and Hamas on October 10, 2023, aiming to end the conflict. However, for many, the war has not ended. The United Nations reports that Israeli bombardment has generated over 61 million tonnes of rubble in the besieged Gaza Strip.Al Jazeera's Hind Khoudary spoke to a Palestinian father, Abu Mohammed, who survived an Israeli attack but lost four of his children. He has been trying to retrieve their bodies for three years but faces significant challenges due to the massive concrete slabs and lack of heavy equipment.The ceasefire has not allowed heavy machinery into Gaza to begin recovery efforts and reunite families. According to Mahmoud Basal, Gaza's civil defence spokesperson, nothing has entered Gaza except limited equipment for retrieving Israeli captives. Across Gaza, thousands remain buried, with at least 50 bodies trapped beneath the rubble in one apartment block in Bureij.Conditions on the ground have barely shifted six months into the ceasefire. Families continue to wait as bodies are not yet recovered, and Israeli attacks persist. Since the ceasefire took effect, at least 738 people have been killed and 2,036 wounded. Authorities have recovered 759 bodies from the rubble.Israel's actions in Gaza have resulted in over 72,317 Palestinian deaths and 172,158 wounded. Despite the ceasefire, Israel still occupies more than half of the Gaza Strip, having levelled most buildings in these areas and forced residents out.

The recent ceasefire between the United States, Israel, and Iran has brought a fragile calm to the region, but experts warn that energy prices may take months to normalize. The conflict had a significant impact on global oil and gas supplies, particularly through the Strait of Hormuz, a critical waterway through which 20% of the world's oil and gas exports pass.Iran's response to US-Israeli attacks included choking off the Strait of Hormuz and attacking energy infrastructure in several Gulf countries. This led to soaring prices for energy and byproducts like helium, as well as fertilizers that rely on these inputs, affecting sowing seasons and consumers worldwide, especially in developing countries.Experts stress that a predictable and stable flow of cargo through the strait is needed before markets can stabilize. Currently, only a trickle of vessels are passing through, with five vessels crossing on Wednesday and seven on Thursday, down from 120-140 ships per day before the conflict.Rockford Weitz, a professor at The Fletcher School at Tufts University, described the situation as 'the biggest disruption in the history of global oil markets.' He emphasized that normalization will take time and requires collaboration among global powers and regional players.Additionally, concerns remain about Iran charging toll fees and skyrocketing insurance fees, which could keep oil prices high. However, experts agree that these fees are not the primary cost drivers.The International Monetary Fund (IMF) has warned of a looming inflation crisis and plans to downgrade its forecast for the world economy. Kristalina Georgieva, IMF managing director, stated that growth will be slower, even if the new peace is durable.For now, oil prices are expected to remain higher than pre-war levels due to the overhang of greater risk premium of supplies out of the Gulf. The situation remains uncertain, with experts closely watching for any side deals, such as a potential agreement between Iraq and Iran, which could impact oil production and prices.

It's been six months since a ceasefire agreement was brokered between Israel and Hamas, but the reality on the ground in Gaza remains dire. The agreement, which was intended to mark a turning point towards ending the war and initiating a recovery phase for Gaza's population, has failed to deliver tangible improvements in humanitarian or security conditions for Palestinian civilians.The ceasefire has been plagued by ongoing Israeli attacks, with over 700 Palestinians killed since the agreement came into effect. The Israeli army has continued its military operations, raising questions about the fragility of the ceasefire and the role of mediators in enforcing its terms.The humanitarian situation in Gaza remains critical, with food and aid supplies below minimum requirements. The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) reported that only 4,999 aid trucks entered Gaza out of 23,400 planned, and only 625 people out of 7,800 were allowed to travel through crossings. This has led to widespread malnutrition and famine-like conditions in the region.The ceasefire has also failed to address the issue of Israeli control over Gaza. The Israeli army has established a so-called 'Yellow Line' as a separation boundary, dividing Gaza into zones of control. Israel maintains effective control over roughly 50-55% of the Strip, including large areas of Rafah, Khan Younis, and northern Gaza.In conclusion, six months on, the ceasefire in Gaza has not produced a sustainable transformation and remains closer to a temporary truce than a final settlement. The situation on the ground is one of 'neither war nor peace,' with over two million people continuing to face deep uncertainty and a lack of meaningful political or humanitarian stabilization.