Ceasefire in jeopardy as US-Iran talks stall and Hormuz blockade deepens

TL;DR Summary
With Iran pulling out of the second round of talks in Islamabad, the US-Iran ceasefire teeters as both sides threaten renewed hostilities; Iran’s blockade of the Strait of Hormuz and a US seizure of an Iranian cargo vessel heighten tensions and roil oil prices as Pakistan-hosted negotiations stall.
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