Headlines: Trump states US-Iran negotiations are “on the borderline” and warns military strikes against Iran may resume at a higher intensity if no agreement is reached, while Vice President Vance describes talks as being in a “pretty good” position and reiterates opposition to a prolonged conflict. Iranian officials continue signalling openness to diplomacy while warning against attempts to force Iranian capitulation, with the IRGC threatening escalation beyond the region if hostilities resume. Pakistan’s Interior Minister arrives in Tehran for mediation discussions with senior Iranian officials. G7 finance ministers call reopening the Strait of Hormuz “imperative” as Brent crude trades near USD 99 per barrel, below April highs. The IRGC claims responsibility for a drone strike against an oil tanker near the Strait of Hormuz on 20 May, although the incident remains unverified by regional authorities. Jordanian forces intercept and destroy an unidentified drone in Jerash Governorate on 20 May.
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