The United States asserts that peace talks with Iran broke down over Iran's nuclear ambitions.

Iran has warned that U.S. gas prices would get much worse before the midterm elections if the Strait of Hormuz blockade continues.

The primary sticking points in negotiations between the U.S. and Iran are Iran's nuclear program and control over the Strait of Hormuz.

President Trump claimed that Iranian officials contacted the U.S. to make a deal, but there has been no confirmation of this call from the Iranian side.

Iran has stated that peace talks failed due to distrust of U.S. negotiators, a perception that the U.S. was dictating terms, and disagreements over issues like war reparations.

The Iranian delegation at the direct talks in Pakistan included the Speaker of Parliament and the Foreign Minister.

Political actors within the Trump administration view the upcoming midterm elections as a hard deadline for resolving the conflict with Iran.

Iran is warning that U.S. gas prices will get "much worse" before the midterm elections if the naval blockade of the Strait of Hormuz continues.

According to President Trump, peace talks with Iran broke down because Iran would not concede on its nuclear ambitions, which is a deal-breaker for the United States.

The Iranian delegation for direct talks with the U.S. in Pakistan included the Iranian Speaker of Parliament and the foreign minister.

Iran's Speaker of Parliament and Foreign Minister participated in direct talks with the U.S. in Islamabad.

President Trump has previously suggested a potential toll system for the Strait of Hormuz that would benefit both the U.S. and Iran, but has also at other times called such an arrangement unacceptable...

The U.S. has threatened to interdict any vessels of any country transiting to or from Iranian ports in the Strait of Hormuz.