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US positive on Iran deal but talks still uncertain as ceasefire end nears

WASHINGTON/CAIRO/ISLAMABAD, April 21 (Reuters) – The United States expressed confidence that peace talks with Iran would go ahead in Pakistan and a senior Iranian official said Tehran was considering joining, but significant hurdles and uncertainty remained ​as the end of a ceasefire approached. U.S. President Donald Trump wants an agreement that would prevent further oil price rises and stock markets shocks but has insisted Iran cannot have the ‌means to develop a nuclear weapon. Tehran hopes to leverage its control of the Strait of Hormuz to strike a deal that averts a restart of the war, eases sanctions but does

Driven by the pressures of war, Iran gives its field commanders more power over militias in Iraq

BAGHDAD, April 21, 2026 (AP) — Iran has granted its commanders greater autonomy over militias in Iraq, allowing some groups to carry out operations without Tehran’s approval, a shift driven by the pressures of the war, three militia members and two other officials told The Associated Press. Many Iran-backed militias are funded through the Iraqi state budget and embedded within the security apparatus, drawing criticism from the United States and other countries that have borne the brunt of their attacks and say Baghdad has failed to take a tougher stance. Despite mounting pressure from the U.S., Baghdad has struggled to

When oil prices spike, where does the money go?

Georgia, Apr 21 (The Conversation) The market for oil is global, which is why events like the war in Iran affect oil prices – and prices of the wide range of products made from oil – literally everywhere. Federal data shows that the price at the primary crude oil hub in the U.S. was US$66 a barrel in late February 2026 – before the U.S. and Israel attacked Iran – and $101 a barrel on April 13. Similar price increases have reverberated around the globe. As an energy economist and an international trade economist, we field a lot of questions

Doubt surrounds Iran-US talks as ceasefire is set to expire

Islamabad, April 21, 2026 (AP) — Pakistan is preparing for a new round of talks between the U.S. and Iran to resume on Tuesday, even as U.S. President Donald Trump appeared to throw cold water on hopes for reaching an agreement to end the war. Trump told Bloomberg News on Monday that he’s “highly unlikely” to renew the ceasefire which is set to expire Wednesday. Mohammed Bagher Qalibaf, Iran’s chief negotiator and parliament speaker, wrote in a post on X early Tuesday that “We do not accept negotiations under the shadow of threats,” and the Islamic Republic has been preparing

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