Home › CGTN       02.07.2026

U.S.-Iran talks stall as Hormuz tensions keep global oil markets on edge

U.S. and Iranian officials remain locked in a diplomatic standoff as negotiations continue through regional mediators. With no direct meeting between the two sides, questions remain over sanctions, the Strait of Hormuz, and the future of global energy markets.

CGTN's Sean Callebs speaks with freelance journalist Seamus Malekafzali about why negotiations remain difficult, how domestic political pressure is shaping both governments, and what prolonged uncertainty could mean for oil prices, inflation, and the global economy.

Topics include: • U.S.-Iran negotiations • Strait of Hormuz • Global oil markets • Energy security • Inflation • Middle East tensions • Global trade

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#bizshow #Iran #US #OilMarkets #StraitOfHormuz #Energy #Inflation #GlobalEconomy #MiddleEast #trump

00:00 Why U.S.-Iran negotiations remain stalled 01:04 Trump's pressure and Iran's political challenges 02:10 The economic stakes behind sanctions relief 03:19 How the Strait of Hormuz impacts world energy 04:31 What's next for U.S.-Iran diplomacy?

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