Peace negotiations between the United States and Iran, held in Islamabad and led by Vice President JD Vance, ended without agreement, underscoring the stark differences between Iran's 10-point peace plan and the U.S.'s 15-point proposal. This failure comes amid a backdrop of escalating violence, with over 1,500 Iranians and 13 American soldiers reported dead, and the Pentagon spending approximately $28 billion in just 39 days. The conflict has also disrupted global oil markets, causing prices to jump more than 55%. The ceasefire announced on April 8, 2025, brokered by Pakistan, was quickly undermined by renewed hostilities, including Israeli airstrikes on Lebanon. The U.S. military presence in the region is increasingly questioned, as Gulf states face Iranian missile strikes and the effectiveness of U.S. alliances is called into doubt. Furthermore, the U.S. has drastically reduced its contributions to international peacekeeping, raising concerns about its role in global stability. The current situation reflects a significant shift in the geopolitical landscape, with nations like Pakistan, Turkey, Egypt, and Saudi Arabia stepping in as key mediators, while the U.S. struggles to define its objectives in a war it initiated.