What We're Tracking U.S.-Iran tensions remain high. Tensions between the United States and Iran, particularly surrounding the Strait of Hormuz, will likely remain elevated over the next week following recent clashes. Although a U.S. official stated that technical negotiations are set to continue as scheduled on July 11 in Pakistan, Iran has not confirmed its participation. Even if the negotiations occur, they are unlikely to yield major diplomatic breakthroughs due to persistent divergences between U.S. and Iranian demands. Furthermore, any additional Iranian attacks against commercial vessels transiting the Strait of Hormuz risk further U.S.-Iran clashes, including Iranian attacks targeting Gulf countries. Separately, Israel and Lebanon may hold their next round of direct talks in Rome, Italy, from July 15-16, although Lebanon has threatened to skip these talks if Israel does not withdraw from the two pilot zones identified in the June 26 framework agreement.