Pakistan’s army chief is set to meet with Iranian officials in Tehran on Thursday in a bid to ease tensions in the Middle East and arrange a second round of negotiations between the United States and Iran after almost seven weeks of war.
The White House said any further talks would likely take place in the Pakistani capital of Islamabad, though no decision had been made on whether to resume negotiations.
The US naval blockade of Iranian ports continued as US treasury secretary Scott Bessent said the Trump administration would ramp up economic pain on Iran with new economic sanctions on countries doing business with it, calling the move the “financial equivalent” of a bombing campaign.
Pakistan has emerged as a key mediator after it hosted direct talks between the US and Iran in Islamabad that authorities said helped narrow differences between the two sides.
Mediators are seeking a new round before the ceasefire expires next week.
Meanwhile, Mr Trump wrote late Wednesday on Truth Social that leaders from Israel and Lebanon would speak the next day in a renewed effort to broker a ceasefire after the countries’ first direct talks in decades ended the previous day in Washington without a deal.
It was not clear what leaders Mr Trump was referring to.
The Israeli prime minister’s office did not immediately respond for comment, which was posted before dawn in Israel and Lebanon.
The war has jolted markets and rattled the global economy as shipping has been cut off and airstrikes have torn through military and civilian infrastructure across the region.
Oil prices have fallen amid hopes for an end to fighting, and US stocks on Wednesday surpassed records set in January.