Iran is considering a US peace proposal with Pakistan serving as mediator. Trump says the war could be 'over quickly,' while Pakistan aims to convert ceasefire into permanent peace.
President Trump has paused 'Project Freedom,' the military operation aimed at clearing the Strait of Hormuz, just 50 hours after announcing it, citing progress toward a deal with Iran.
BBC correspondent Jeremy Bowen warns that the US and Iran's mutual pressure in the Strait of Hormuz has put the fragile ceasefire at serious jeopardy, risking a return to full-scale conflict.
The UAE is exiting OPEC after nearly 60 years of membership. The move signals dissatisfaction with the cartel's production controls and pricing mechanisms. It represents a potential death blow for OPEC's cohesion.
Israel continues launching attacks that kill dozens in Lebanon despite the ceasefire situation. The health ministry reported that 77 people were killed in southern Lebanon since Thursday. These events seriously threaten peace efforts in the region.
Iran submitted a 14-point peace proposal to the US. Trump said he would review it but expressed doubt it would be 'acceptable'. As war enters day 65, diplomatic channels have opened, but prospects for a lasting agreement remain weak.
United Arab Emirates announced it will leave OPEC after nearly 60 years of membership. This decision is seen as potentially ending the oil cartel.
Israel has intercepted a pro-Palestinian aid flotilla in international waters near Crete, detaining 175 activists. The action has drawn swift condemnation from the UN and European governments for what they characterize as a violation of international maritime law, escalating tensions in the Middle East.
The Pentagon has offered little explanation for an alleged school strike in Iran nearly two months ago, a silence former US officials describe as highly unusual. The attack reportedly killed over 20 students. As the Iran-US ceasefire continues, such incidents carry fraught political consequences.
The Trump administration is reviewing Iran's peace plan to reopen the Strait of Hormuz. Nuclear talks may be deferred to a later stage. However, elevated oil prices signal the conflict continues.
Trump extended the ceasefire with Iran for a second time in as many weeks, signalling willingness to negotiate rather than escalate. The move buys diplomatic time but underscores the fragility of the truce and limits of US leverage over Tehran.
Iran's manufacturing, retail, and digital sectors are experiencing severe job losses due to the war. Companies are conducting mass redundancies, with warnings that costs would escalate further if hostilities resume.
Israeli strikes on southern Lebanon killed 13 people including four women and a child, according to the health ministry. Fighting between Israel and Iran-backed Hezbollah continues despite ceasefire, raising regional tensions.
Israeli forces conducted successive strikes in Lebanon on Tuesday, killing three rescue workers in what officials say was a double-tap attack on a Hezbollah commander. The incidents occur despite a three-week ceasefire extension announced by the US.
President Trump cancelled plans for US envoys Steve Witkoff and Jared Kushner to travel to Pakistan for negotiations. Iran had earlier stated there were no plans for direct talks with a US delegation.
Iran's chief negotiator says the Strait of Hormuz cannot reopen due to violations of the ceasefire by the US and Israel. The strategic waterway, through which 20% of global oil passes, remains closed, deepening global energy crisis.
US President Trump declared the Hormuz blockade will not be lifted until a deal is made with Iran. The statement comes amid uncertainty over Iran's willingness to attend peace talks in Pakistan. Trump's hardline stance is setting negotiation conditions.
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