BusinessApril 27, 2026

What happened when envoys' Pakistan trip was canceled? Markets and oil explained

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② Start Lesson

Key Vocabulary

envoy/ˈɛn.vɔɪ/

a person sent by a government to talk to other countries

"An envoy flew to Islamabad to meet officials."

ceasefire/ˈsiːsˌfaɪər/

an agreement to stop fighting for a time

"The ceasefire stopped fighting for two weeks."

negotiator/nɪˈɡoʊ.ʃi.eɪ.tər/

a person who talks to others to reach an agreement

"A negotiator met with diplomats in the hotel."

Listening

What happened when envoys' Pakistan trip was canceled? Markets and oil explained

President Donald Trump canceled a planned trip by two U.S. envoys to Pakistan. The envoys were Jared Kushner and Steve Witkoff. They were expected to help arrange talks with Iran, but Iran’s negotiator left Islamabad before the Americans arrived. Trump said he told his team not to make the long flight.

When markets reopened after the weekend, oil prices rose and stock indexes fell. Traders showed only a muted reaction because the ceasefire remained in place and talks could happen by phone. Investors were cautious and watched news from Islamabad and Washington. The situation stayed uncertain.

96 words

Quiz

1. Who canceled the planned trip?

2. Where were the envoys supposed to go?

3. What happened to oil prices when markets reopened?

Reading Practice

Read the article from the Listening section aloud. Your AI teacher will give you pronunciation feedback.

Discussion

Do you worry when you hear news about oil prices rising? How might it affect your daily life?

Have you ever changed your travel or shopping plans because of news about prices or shortages?

What do you think when leaders cancel planned meetings? Does it make you feel hopeful or worried?