President Donald Trump has agreed to extend the US-Iran ceasefire for a brief period of 3 to 5 days, significantly shorter than markets had anticipated. This extension aims to create a final negotiating window, reflecting the urgency of the White House to reach a resolution. Pakistan has indicated that a second round of negotiations could resume within 36 to 72 hours, but Iranian officials have expressed uncertainty about their participation. The internal power struggle in Iran, particularly the opposition from the Islamic Revolutionary Guard Corps (IRGC) against the civilian government, poses a major challenge. Supreme Leader Mojtaba Khamenei's silence has further complicated Iran's decision-making process. The US is using the threat of a blockade of the Strait of Hormuz, a critical passage for global oil supply, as leverage in the negotiations. Analysts warn that if talks collapse without a framework agreement, the geopolitical risk premium could resurface, impacting energy markets and cryptocurrency values.