Iran adamant on 20 year old nuclear deal, Trump’s no deal policy backfires in Islamabad:

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News India Live, Digital Desk: The world’s biggest diplomatic stir that has been going on for the last few days in Pakistan’s capital Islamabad has currently ended at ‘zero’. The ongoing intense discussions between America and Iran regarding the nuclear program could not reach any conclusion. As per latest update, 20 year old nuclear deal There was such a tussle between the two countries over the terms of the peace that the peace draft placed on the table was shelved. President Donald Trump’s tough stance and Iran’s old stubbornness forced the talks to end inconclusively.

Stuck in 20 year old terms: Why was the matter not resolved?

The biggest reason for the failure of these talks was Iran’s proposal in which it had asked for concessions based on the diplomatic conditions of 20 years ago. Iran wanted to be exempted from the 2015 nuclear deal (JCPOA) and all economic sanctions imposed on it should be lifted in one go. On the other hand, the American delegation made it clear that 20 years old policies have no importance in today’s times. The Trump administration argued that Iran’s current nuclear infrastructure is more advanced and dangerous than before, so the conditions will also be new and stricter.

Donald Trump’s ‘Maximum Pressure’ and Islamabad Summit

The American stance was quite aggressive in this meeting held in Islamabad. Based on signals received from the White House, the American team adopted the strategy of ‘no deal’. Trump believes that Iran is pretending to negotiate only to kill time. America had demanded that Iran destroy all its nuclear sites forever and ban its ballistic missile technology. Iran refused to accept these demands, calling it an attack on its sovereignty, after which the talks broke down.

Shock to Pakistan’s mediation, what will be the next step?

The failure of the talks is also a major diplomatic blow for Pakistan, which was trying to project itself as a major global mediator. The failure of this meeting held amid tight security arrangements in Islamabad has now increased the risk of war in Middle East. Experts say that now America and Israel can together impose more stringent sanctions on Iran or choose the option of military action.

Crisis looms over global market and oil prices

As soon as the news of ‘failure in talks’ came out from Islamabad, there was a stir in the global oil market. Experts believe that if diplomatic routes between America and Iran are closed, tension will increase in the Strait of Hormuz, which may disrupt the supply of crude oil. Fuel prices are expected to increase across the world in the coming days. Now everyone’s eyes are on whether a third country will be able to bring these two to the negotiating table again or whether this standoff will become the beginning of a bigger world war.