Iranian Foreign Minister Abbas Araghchi has criticized the United States for the failure of peace negotiations held in Pakistan, attributing the setback to Washington's excessive demands. Speaking in St Petersburg, Araghchi described recent diplomatic efforts in Pakistan and Oman as productive but noted that US positions have stalled progress. He emphasized the Strait of Hormuz as a vital global concern, particularly amid rising tensions between Iran and the US. Following the cancellation of peace talks, Iran has reportedly submitted a new proposal to the US aimed at reopening the Strait of Hormuz and ending ongoing conflicts, while suggesting that nuclear discussions be deferred. The situation remains tense, with US President Donald Trump threatening to destroy Iranian oil pipelines if a ceasefire is not agreed upon. In response, Iranian Vice President Esmail Saghab Esfahani warned of significant retaliation against Gulf nations supporting the US, highlighting the precarious nature of the region's stability.