The New York Times reports that the U.S. and Iran failed to reach a peace agreement after marathon talks led by VP Vance in Pakistan — the highest-level U.S.-Iran meeting since 1979. This is verified by coverage from NBC, Al Jazeera, CNN, and Bloomberg, though they note disagreement over why talks stalled: the U.S. says Iran refused U.S. terms, while Iran says it never expected a first-round deal. The failure throws the broader ceasefire into question and raises questions about reopening the Strait of Hormuz.