Talks between the United States and Iran remain locked in a deep stalemate over core issues that continue to block any lasting agreement. Washington is pushing for long-term limits on Iran’s nuclear programme, curbs on regional proxy groups, and open access through the Strait of Hormuz. Tehran, however, is demanding sanctions relief and rejecting conditions beyond nuclear discussions. The widening gap has raised fears of renewed escalation, including possible strikes and disruption to global oil supplies. With diplomacy under strain and trust at a low, the standoff now poses a broader risk to regional stability, energy markets, and the global economy.