• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

New

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

PoliticsIran
Asia

Trump calls off sending Witkoff and Kushner to Pakistan as Iran ceasefire talks fail before they even began. ‘Too much time wasted on traveling’

By
Munir Ahmed
Munir Ahmed
,
Samy Magdy
Samy Magdy
,
Jon Gambrell
Jon Gambrell
, and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Munir Ahmed
Munir Ahmed
,
Samy Magdy
Samy Magdy
,
Jon Gambrell
Jon Gambrell
, and
The Associated Press
The Associated Press
Down Arrow Button Icon
April 25, 2026, 1:47 PM ET
Updated April 25, 2026, 1:47 PM ET
Jared Kushner, left, and Steve Witkoff, Special Envoy for Peace Missions listen as Vice President JD Vance speaks during a news conference after meeting with representatives from Pakistan and Iran, Sunday, April 12, 2026, in Islamabad, Pakistan.
Jared Kushner, left, and Steve Witkoff, Special Envoy for Peace Missions listen as Vice President JD Vance speaks during a news conference after meeting with representatives from Pakistan and Iran, Sunday, April 12, 2026, in Islamabad, Pakistan.AP Photo/Jacquelyn Martin
Add Fortune on Google for similar content.

The latest ceasefire talks between the United States and Iran appeared to fail Saturday before they began, as Tehran’s top diplomat left Pakistan and President Donald Trump soon afterward said he had told envoys not to travel to Islamabad.

Recommended Video

The negotiations were meant to follow historic face-to-face talks earlier this month between the U.S., led by Vice President JD Vance, and Iran, led by parliament speaker Mohammad Bagher Qalibaf. But Iranian officials have questioned how they can trust the U.S. after its forces started blockading Iranian ports in response to Iran’s war grip on the Strait of Hormuz.

In announcing his decision Saturday, Trump said on social media: “If they want to talk, all they have to do is call!!!” The White House had said Friday that Steve Witkoff and Jared Kushner would be going to Islamabad.

“Too much time wasted on traveling, too much work!” Trump added.

Iran’s Foreign Minister Abbas Araghchi left Pakistan on Saturday evening, two Pakistani officials told The Associated Press, speaking on condition of anonymity because they were not authorized to talk to the media.

“Shared Iran’s position concerning workable framework to permanently end the war on Iran. Have yet to see if the U.S. is truly serious about diplomacy,” Araghchi later said on social media.

Iran had said any talks would be indirect

Araghchi met with Army Chief Field Marshal Asim Munir and Prime Minister Shehbaz Sharif about what he called Iran’s red lines for negotiations. He said Tehran would engage with Pakistan’s mediation efforts “until a result is achieved.”

The open-ended ceasefire has paused most fighting, but the economic fallout grows with global shipments of oil, liquefied natural gas, fertilizer and other supplies disrupted by the near-closure of the Strait of Hormuz.

Both sides have continued to make military threats. Iran’s joint military command on Saturday warned that “if the U.S. continues its aggressive military actions, including naval blockades, banditry, and piracy” it will face a “strong response.”

Pakistan has been trying to get the U.S. and Iran back to the table since Trump this week announced an indefinite extension of the ceasefire, honoring Islamabad’s request for more diplomatic outreach.

Even before Saturday’s developments, Iran’s foreign ministry said any talks would be indirect and that Pakistani officials would convey messages. Tehran noted that indirect talks with the U.S. last year and early this year over Tehran’s nuclear program, the issue long at the heart of tensions, ended with it being attacked by the U.S. and Israel, adding to its wariness.

The first round of talks in Pakistan lasted over 20 hours, the highest-level direct talks between the longtime adversaries since the Islamic Revolution in 1979.

Araghchi and Trump’s envoys held hours of indirect talks in Geneva on Feb. 27 but walked away without a deal. The next day, Israel and the United States started the war.

The standoff around the strait continues

The price of Brent crude oil, the international standard, is still nearly 50% higher than when the war began because of Iran’s grip on the Strait of Hormuz, a strategic waterway through which a fifth of the world’s oil passes in peacetime.

Iran attacked three ships this week, while the U.S. maintains a blockade on Iranian ports. Trump has ordered the military to “shoot and kill” small boats that could be placing mines.

Germany’s Defense Minister Boris Pistorius said Saturday his country was sending minesweeper ships to the Mediterranean to help remove Iranian mines from the Strait of Hormuz once hostilities end.

Also Saturday, Iran resumed commercial flights from Tehran’s international airport for the first time since the war began with U.S. and Israeli strikes two months ago. Flights were scheduled to depart for Istanbul, Oman’s capital of Muscat and the Saudi city of Medina, according to Iran’s state-run television.

A growing toll even as ceasefires hold

Since the war began, authorities say at least 3,375 people have been killed in Iran and at least 2,496 people in Lebanon, where new fighting between Israel and the Iran-backed militant group Hezbollah broke out two days after the Iran war started.

Additionally, 23 people have been killed in Israel and more than a dozen in Gulf Arab states. Fifteen Israeli soldiers in Lebanon, 13 U.S. service members in the region and six members of the U.N. peacekeeping force in southern Lebanon have been killed.

Trump announced Thursday that Israel and Lebanon had agreed to extend a ceasefire between Israel and Hezbollah by three weeks. Hezbollah has not participated in the Washington-brokered diplomacy.

Fortune Daily breaks the traditional barrier between audience and newsroom. The show transforms Fortune’s trusted reporting into actionable, conversational, and entertaining insights for an emerging class of business leaders. Watch here.
About the Authors
By Munir Ahmed
See full bioRight Arrow Button Icon
By Samy Magdy
See full bioRight Arrow Button Icon
By Jon Gambrell
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Politics

New York Attorney General Letitia James looks to her right at a news conference.
LawDonald Trump
20 states and DC sue as Trump moves to share low-income families’ data with immigration authorities
By The Associated Press and Anthony IzaguirreAugust 4, 2026
3 hours ago
US President Donald Trump speaks about the conflict in Iran in the James S. Brady Press Briefing Room of the White House.
AsiaDonald Trump
Trump claims he’s talking with Iran as they hold talks with other nations
By The Associated Press, Samy Magdy, Elena Becatoros and Josh BoakAugust 4, 2026
3 hours ago
President Donald Trump looks on during an announcement.
CryptoDonald Trump
‘This is insider trading by definition’: Trump sells $100,000 monthly subscription service to Wall Street to further monetize the presidency
By Joshua HongAugust 4, 2026
7 hours ago
t
EconomyWhite House
Trump called his own housing bill a ‘yawn.’ Now he’s heading for a west coast tour with a 32% approval rating on the economy
By Darlene Superville and The Associated PressAugust 4, 2026
11 hours ago
Cars on a highway in the Bronx, N.Y.
Personal FinanceTaxes
How Zohran Mamdani’s pied-à-terre tax exposed an epidemic of ‘ghost cars’ instead
By Catherina GioinoAugust 4, 2026
16 hours ago
The Danube is running dry, and Europe’s power grid is suffering as a result
EnvironmentEuropean Union
The Danube is running dry, and Europe’s power grid is suffering as a result
By Justin Spike and The Associated PressAugust 3, 2026
1 day ago

Most Popular

How Zohran Mamdani's pied-à-terre tax exposed an epidemic of 'ghost cars' instead
Personal Finance
How Zohran Mamdani's pied-à-terre tax exposed an epidemic of 'ghost cars' instead
By Catherina GioinoAugust 4, 2026
16 hours ago
Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health
North America
Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health
By Catherina GioinoAugust 2, 2026
3 days ago
Ray Dalio on the AI bubble nearing 1929, 2000 levels and the lesson people always forget: 'Wealth is not the same as money'
Investing
Ray Dalio on the AI bubble nearing 1929, 2000 levels and the lesson people always forget: 'Wealth is not the same as money'
By Nick LichtenbergAugust 4, 2026
16 hours ago
Wall Street bulls are starting to admit the earnings bubble is real—and the 60/40 portfolio may be the first casualty
Investing
Wall Street bulls are starting to admit the earnings bubble is real—and the 60/40 portfolio may be the first casualty
By Nick LichtenbergAugust 3, 2026
1 day ago
Electric air taxis are finally ready for takeoff
Magazine
Electric air taxis are finally ready for takeoff
By Alexei OreskovicAugust 3, 2026
2 days ago
The Iran war already has a winner: The world’s largest shipbroker notching record earnings from the 'exceptional volatility' in the Strait of Hormuz
Energy
The Iran war already has a winner: The world’s largest shipbroker notching record earnings from the 'exceptional volatility' in the Strait of Hormuz
By Sasha RogelbergAugust 3, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.