Vice President JD Vance and White House officials departed Islamabad, Pakistan after failing to reach a peace agreement with Iran on Sunday.

Oil prices rose and stock futures ticked down as investors reacted after the two sides failed to agree on a U.S.-Iran peace deal.

Iran wants to negotiate and strike a deal to end the Middle East “skirmish”, Donald Trump has said, amid warnings the war could threaten British jobs.The US president also insisted the conflict, currently the subject of a fragile ceasefire,

The US and Iran ended direct talks in Pakistan without an agreement, putting a fragile ceasefire at risk and raising doubts over efforts to end a six-week war that has killed thousands and disrupted global energy supplies.

President Donald Trump has ordered the US navy to blockade the Strait of Hormuz after peace talks with Iran failed in Islamabad. The Lebanese prime minister, meanwhile, said he was working to stop

The Trump administration's framework proposed a pause in fighting while officials hammer out a permanent peace plan.

Vice President JD Vance says Iran chose not to accept US terms while Iran says it did not expect deal in first meeting

Follow The Hindu's live blog for the latest updates on the Iran war on May 12, 2026, as Washington awaits Tehran’s response to a U.S. peace proposal