As the 10-day ceasefire set to expire on Wednesday, Iran has warned that it is preparing "new cards on the battlefield" if the Middle East war resumes.
"In the past two weeks, we have been preparing to show new cards on the battlefield," in the last two weeks and would "not accept negotiations under the shadow of threats," Iran's parliamentary speaker Mohammad Bagher Ghalibaf wrote on X.
While US media report that Vice-President JD Vance will lead a US delegation for the second round of negotiations in Pakistan's capital Islamabad Tuesday, it is unclear if more talks will take place in the coming days between Washington and Tehran. Neither side has confirmed yet if the talks will go ahead.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.