US-Iran Talks on Edge as Ceasefire Expires

0:00On April 20, UK Foreign Secretary Avet Cooper is calling this a critical diplomatic moment with the two-week U.S. Iran ceasefire about to end. The Strait of Hormuz stays closed, blocking key shipping and slamming the global economy hard. Talks between Washington and Tehran are set to kick off in Pakistan, but the truth expires Wednesday, leaving everything on edge. Tensions spiked when the U.S. grabbed an Iranian cargo ship accused of dodging the blockade on Iran's ports. Iran fired back, labeling an armed piracy in threatening revenge. Oil prices jumped again as this vital trade route hangs in the balance. Cooper stressed in a video that restrictive shipping is hurting everyone worldwide. Meanwhile, folks are watching how this plays out amid the economic squeeze from higher energy costs. President Trump says he's not rushing any deal, but one could come quick after 47 years of mess. He claims the U.S. is winning with the blockade crushing Iran's economy and vows to keep it until there's an agreement.

1:01Iran's top negotiator, Mohamed Bagger Kalibov, shot back that Tehran won't talk under threats, calling it a table of surrender. As the clock ticks down, all eyes are on whether cooler heads prevail or the standoff boils over.