Washington came to the negotiations with the same old ultimatums – but Tehran feels it now has the power to set the terms

The US-Iran talks in Islamabad ended exactly as they were bound to end under the current balance of power – without a deal, without a handshake, without even the faintest sense that the two sides have moved closer to a durable peace.

Nearly 21 hours of talks, an unprecedented level of representation, extraordinary security measures in the Pakistani capital, the high hopes of mediators, and the jitters of global markets changed none of the essentials. What now lies between Washington and Tehran is no longer mere political…

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