00:00Pakistan and Iran have reported significant progress in talks on possible paths towards peace in the US-Israeli war on
00:08Iran.
00:08Pakistan's Interior Minister Mohsen Nagvi made an announcement after visiting Tehran with Army Chief Asim Munir for talks with senior
00:17Iranian leaders.
00:18Munir met Iranian President Masud Prashkin as the two sides discussed ways to prevent further escalation and accelerate efforts to
00:26end the conflict.
00:27The talks also covered the reopening of the Strait of Hormuz and possible steps towards a negotiated settlement and greater
00:35regional stability.
00:36The diplomatic efforts came as Washington announced new sanctions on Iran.
00:41US Treasury Secretary Scott Besant warned that countries continuing to trade with Iran could be excluded from the dollar-based
00:49financial system.
00:51However, Besant did not identify possible targets or say when the penalties would begin and said affected countries would be
00:58given time to comply.
01:00In response, Iran has vowed to retaliate against the expanded US sanctions while expressing confidence that its major trading partners
01:08will resist Washington's pressure campaign.