Two empty crude tankers attempted to make their way through the Strait of Hormuz and into the Persian Gulf on Sunday, only to make last-minute U-turns just as peace negotiations between the US and Iran broke down,

Vice President JD Vance said that the American negotiating team was leaving Pakistan after 21 hours of talks with no peace deal with Iran.

Stocks drifted mostly lower on Wall Street and oil prices slipped ahead of planned U.S.-Iran talks following a shaky ceasefire agreement. The S&P 500 fell 0.1% Friday. The Dow Jones Industrial Average lost 0.

U.S.-Iran peace negotiations in Pakistan have reportedly collapsed, with both sides clashing over three key issues: the reopening of the Strait of Hormuz, Iran’s handling of enriched uranium, and the lifting of sanctions against Iran.

The much-anticipated peace talks between the United States and Iran in Islamabad have ended without any agreement, delivering a major setback to global hopes for lasting peace. The 21-hour-long negotiations failed primarily due to disagreements over Iran’s nuclear program and control of the Strait of Hormuz.

Iran's negotiating team arrived in Islamabad on Friday for peace talks with the United States, even as Tehran insisted on measures it said needed to be addressed first, throwing last-minute

Stocks are wavering on Wall Street and oil prices are holding steady ahead of planned U.S.-Iran talks following a shaky ceasefire agreement. The S&P 500 fell 0.1% in afternoon trading

Negotiators for the U.S. and Iran are set to gather this weekend in Pakistan's capital for peace talks. But the fragile 2-week ceasefire is at risk if both sides can't agree amid Israel's ongoing conflict with the Iranian proxy group Hezbollah in Lebanon.