U.S. Vice President J.D. Vance speaks to the media before boarding Air Force Two to return to Washington, D.C., at Budapest Ferenc Liszt International Airport in Budapest, Hungary, April 8, 2026, following the White House announcement that he will lead the U.S. delegation to upcoming peace talks with Iran.
Jonathan Ernst | reuters
The US and Iran could begin a second round of in-person peace talks this week, just days before a fragile two-week ceasefire is set to expire, news outlets reported Tuesday morning.
According to Reuters, officials from both countries may return to Pakistan to resume those talks informedCiting Pakistani and Iranian officials.
“The upcoming round of talks could take place at the end of this week or early next week. But nothing has been decided yet,” an Iranian embassy official in Islamabad told Reuters.
cnn And nbc news It was also reported that personal talks may resume soon. The White House and the Iranian Embassy in Islamabad did not immediately respond to CNBC’s request for comment on the reporting.
Jared Kushner, left, and Special Envoy for Peacekeeping Missions Steve Witkoff listen as Vice President J.D. Vance speaks during a press conference after meeting with representatives of Pakistan and Iran in Islamabad, Pakistan, on April 12, 2026.
Jacqueline Martin getty images
Talks between US and Iranian negotiators in Islamabad last weekend ended without an agreement, as key issues over Tehran’s nuclear ambitions remained unresolved and each side accused the other of moving the goalposts.
Vice President JD Vance, who led the US delegation along with special envoys Steve Witkoff and Jared Kushner, said on Monday that the next diplomatic step was for Iran to take.
“Whether we have further negotiations, whether we ultimately reach an agreement, I really think the ball is in the Iranian court, because we’ve put a lot on the table,” Vance told Fox News.
After failed talks in Islamabad, top Iranian officials suggested that the US had acted in bad faith. Iranian Foreign Minister Abbas Araghchi An X-Post said the Tehran team faced “extremism, changing goalposts and blockades”, while Iran’s parliamentary speaker Mohammad Bagher Ghalibaf Said that America failed to gain the trust of Iran.
President Donald Trump responded to the canceled talks by announcing a blockade of the Strait of Hormuz, a vital trade route that normally carries 20% of the world’s oil.
US Central Command later specified that the blockade would apply to “ships entering or departing from Iranian ports and coastal areas, including all Iranian ports on the Arabian Gulf and the Gulf of Oman.”
The move comes after Trump announced on April 7 that a two-week ceasefire agreement with Iran is subject to the full reopening of the route, despite traffic through the strait being reduced.
“We can’t allow any country to blackmail the world or extort money, because that’s what they’re doing,” Trump said at the White House on Monday.
The ceasefire is currently set to expire on April 21.
Despite rising tensions, the latest reporting and other indications remain hopeful that an agreement may be reached.
Oil prices, which had risen on initial reports of talks resuming, fell on Tuesday morning, while stocks edged higher.
This is developing news. Please check back for updates.