Trump warns 'clock is ticking' for Iran as peace progress stalls

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🗞️ Driving the news: US President Donald Trump warned that the “clock is ticking” for Iran, as talks to end the ongoing conflict remain stalled
• Trump dismissed Tehran’s counter-proposals as “garbage” and emphasized urgency on his Truth Social platform
• The statement follows discussions with Israeli Prime Minister Benjamin Netanyahu and comes after earlier threats highlighting the stakes of compliance from Iran

🔭 The context: Iran has presented proposals for an immediate end to the war, a halt to the US naval blockade of its ports, guarantees against future attacks, and compensation for damages
• The US reportedly countered with demands on nuclear site limitations and transfer of enriched uranium
• Despite a ceasefire largely being observed, tensions remain high, the Strait of Hormuz is effectively closed, and oil prices are surging globally. Pakistan continues to mediate between the two sides

🌍 Why it matters for the planet: The ongoing conflict and blockade of the Strait of Hormuz are driving global energy instability, pushing up oil and gas prices
• This fuels increased fossil fuel consumption elsewhere, complicating global efforts to curb greenhouse gas emissions and maintain progress on energy transition goals

⏭️ What’s next: Negotiations are expected to continue under Pakistani mediation, with the possibility of further US-Iran exchanges and pressure tactics
• Oil markets and global energy security will remain highly sensitive to any escalation or agreement in the coming weeks

💬 One quote: “They better get moving, FAST, or there won't be anything left of them. TIME IS OF THE ESSENCE!” — Donald Trump

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