Following inconclusive talks in Islamabad, the United States and Iran are reportedly preparing for a second round of negotiations, possibly as early as Thursday. Venues under consideration include Islamabad and Geneva. JD Vance has acknowledged progress but highlighted the need for flexibility from Tehran. The key sticking point remains uranium enrichment, with Iran offering a 5-year suspension and Washington demanding at least 20 years. Even as tensions continue around the Strait of Hormuz, both sides appear to be balancing pressure tactics with renewed diplomatic efforts ahead of a looming ceasefire deadline.