US Vice President Vance Meets Iran's Ghalibaf in Islamabad Amid Fragile Ceasefire Talks
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US Vice President Vance Meets Iran's Ghalibaf in Islamabad Amid Fragile Ceasefire Talks

11 April, 2026.Iran.38 sources

Key Takeaways

  • Vance travels to Islamabad for high-stakes US-Iran peace talks.
  • Fragile ceasefire persists as negotiations intensify amid regional tensions.
  • Strait of Hormuz remains blocked, threatening oil shipments and global markets.

Historic Talks

Vice President JD Vance was set to meet Iran's Parliamentary Speaker Mohammad Bagher Ghalibaf.

Image from Al Jazeera
Al JazeeraAl Jazeera

The talks came amid a fragile two-week ceasefire that had already shown signs of strain.

Ghalibaf said the delegation had good intentions but we do not trust.

The talks were to address Tehran's control of the Strait of Hormuz, Israel's conflict with Hezbollah, and Iran's nuclear program.

Ceasefire Strains

The two-week ceasefire was already under intense pressure before the talks began.

Netanyahu insisted there is no ceasefire in Lebanon.

Image from Al-Sharq Al-Awsat
Al-Sharq Al-AwsatAl-Sharq Al-Awsat

The Strait of Hormuz remained effectively closed, with Iranian state media saying it was closed to 99% of ships.

Only ships from countries directly allied with Iran or not deemed hostile were getting through.

New Consumer Price Index data showed prices had risen 3.3% over the year.

Economic Fallout

The closure of the Strait of Hormuz trapped approximately 600 cargo vessels.

An Iowa farmer told CBS News the cost of filling up had more than doubled since December.

Farm diesel rose from $1.89 to $4.17 per gallon.

The White House insisted these spikes were temporary.

Global Diplomatic Effort

Israel agreed to begin formal peace negotiations with Lebanon.

The U.S. was expected to host Israel-Lebanon talks next week.

Image from AP News
AP NewsAP News

Sir Keir Starmer was visiting Gulf countries.

The World Bank warned global growth could lower by 0.3 to 0.4 percentage points if the ceasefire lasted.

Inflation could rise 200 to 300 basis points.

Strategic Divergence

The Western approach aims to resolve conflict and reach agreement.

Image from BBC
BBCBBC

The revolutionary framework views talks as a way to consolidate power.

Compromise in the West is central; for revolutionary actors, it is tactical.

Success for the West is a stable agreement; for revolutionary actors, it is shifting the balance of forces.

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