Iran: Islamabad MOU with US lacks 60-day deadline amid ongoing talks

US-Iran negotiations have reached a deadlock as the 60-day MOU window expires without an extension. While some reports suggest the Islamabad MOU lacks a specific deadline, others confirm the expiration of the peace deal timeframe. This diplomatic stalemate risks escalating regional tensions and prolonging the economic isolation of Iran. Consequently, the lack of progress is expected to negatively impact global oil markets and overall regional stability as the parties fail to reach a formal agreement.