Iran and the United States are negotiating and threatening each other at the same time.

In the last 24 hours, nuclear talks continued in Geneva while warship warnings and military drills raised global tension.

Here’s what actually happened.

First, the diplomacy .

U.S. and Iranian representatives held roughly four hours of indirect nuclear talks in Switzerland, with Oman acting as mediator. No direct face-to-face meeting.

The goal was to limit Iran’s nuclear program in exchange for easing U.S. sanctions.

The U.S. wants stricter limits on enrichment and transparency.

Iran insists its nuclear program is peaceful and says it will not give up what it calls its sovereign rights.

Both sides later said there was progress. They agreed on basic “guiding principles” for what a potential deal could look like.

Iran is expected to present more detailed proposals in about two weeks. But there is no deal yet.

Now, outside the negotiating room, tension escalated.

While talks were happening, Iran conducted live-fire military drills near the Strait of Hormuz, one of the most important oil shipping routes in the world.

Roughly 20% of global oil supply moves through that narrow passage.

Even a temporary disruption sends signals to global energy markets.

At the same time, the United States maintains a significant naval presence in the region, including aircraft carrier strike groups such as the USS Gerald R. Ford.

Then came the rhetoric.

Iran’s Supreme Leader, Ayatollah Ali Khamenei, posted a direct warning.

He said that while an American aircraft carrier is a powerful tool, Iran has weapons capable of sending such a warship “to the bottom of the sea.”

He also described U.S. demands in the negotiations as irrational and repeated that Iran will not back down from what it calls its rights.

Khamenei has long hinted that if war were to start, it would not remain a limited Iran-U.S. clash, but could expand into a wider regional conflict.