Trump: I Don't Want to Extend the Ceasefire

Tuesday morning came and went without much clarity on whether the US and Iran will meet for talks before the ceasefire expires on Wednesday. Pakistan says it's ready to host, but at this point, it's not clear whether anyone from either side will show up, reports the New York Times.

• Vance delays: Vice President JD Vance was supposed to leave DC for Pakistan in the morning, but his departure was delayed with the vague explanation of "additional policy meetings," reports the Washington Post. Iran, meanwhile, has never confirmed its participation in a second round of talks.

• Trump: In an interview with CNBC on Tuesday, President Trump said he was still optimistic about a deal but added that he did not want to extend the ceasefire, reports the Guardian. "I don't want to do that," said the president. "We don't have that much time." He also said the military is "raring to go" if no deal is reached.
• Trump, II: On Monday, Trump also told Bloomberg News that he probably will not extend the ceasefire deadline without an agreement. "I'm not going to be rushed into making a bad deal," he said. "We've got all the time in the world."
• Stocks, oil: Stocks were down modestly Tuesday, and oil prices were ticking up as the deadline approached, notes CNBC. The S&P 500 was down about 0.3% around 12:30pm Eastern, and the price of Brent crude was at $93 a barrel.
• Big picture: The Wall Street Journal has a cheat sheet on the talks to help put all of the above into context.