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Trump signals urgency for truce amid rising tensions; oil prices surge on fresh war rhetoric

US Vice President JD Vance has reportedly initiated backchannel discussions with Pakistani intermediaries to explore possibilities of ending the ongoing conflict with Iran, according to a Reuters report. The outreach comes as Donald Trump signals growing impatience and openness to a ceasefire, provided key US conditions are met.

Sources suggest Vance is assuming a larger diplomatic role, alongside officials including Marco Rubio. Pakistan has emerged as a potential venue for negotiations, with Islamabad indicating readiness to host talks.

Reports indicate Iran may prefer engaging directly with Vance, citing trust deficits with other US representatives following failed earlier negotiations.

Meanwhile, Trump’s recent remarks warning of intensified military action have heightened fears of escalation. His comments triggered a sharp rise in global oil prices, underscoring market anxiety even as diplomatic efforts continue behind the scenes.

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