Tehran: Iran has announced that there are currently no plans for new peace talks, amid rising tensions in the region. This statement comes as US President Trump is dispatching an envoy to engage in peace talks in Pakistan, seeking to address the ongoing conflict.

According to Deutsche Welle, the geopolitical climate has further intensified after Iran's decision to close the Strait of Hormuz over the weekend, leading to a sharp increase in energy prices on Monday. The closure of this critical maritime passage has significantly impacted global energy markets, heightening concerns among international stakeholders.

As the two-week ceasefire approaches its conclusion, tensions continue to escalate in the aftermath of the US seizure of an Iranian ship. This development has further strained relations and added complexity to the already fragile situation, with no immediate resolution in sight.