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diplomacyMay 10, 2026

Iran responds to US ceasefire proposal as drones target Gulf nations

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Iran has sent its response to the latest U.S. ceasefire proposal via Pakistani mediators and wants negotiations to focus on permanently ending the war, Iran’s state-run media said Sunday. Pakistan confirmed receiving it. Iran seeks to end the war on all fronts, including in Lebanon, where Israel is fighting the Iranian-backed Hezbollah militant group, and to ensure the security of shipping, its state TV said. Washington’s latest proposal addressed a deal to end the war, reopen the Strait of Hormuz and roll back Iran’s nuclear program, an issue that Tehran would rather discuss later. The White House had no immediate comment about Iran’s reply but U.S. President Donald Trump on social media accused Tehran of “playing games” with the United States for nearly 50 years, adding: "They will be laughing no longer!" Trump is giving diplomacy “every chance we possibly can before going back to hostilities,” the U.S. ambassador to the United Nations, Mike Waltz, told ABC earlier Sunday. Iran's new supreme leader, Mojtaba Khamenei, who has not been seen or heard publicly since the war began, “issued new and decisive directives for the continuation of operations and the powerful confrontation with the enemies” while meeting with the head of the joint military command, the state broadcaster reported, with no details. Drone attacks target Gulf Arab nations The fragile ceasefire was tested when a drone ignited a small fire on a ship off Qatar and the United Arab Emirates and Kuwait reported drones entering their airspace. The UAE’s Defense Ministry said it shot down two drones and blamed Iran. No casualties were reported, and no one immediately claimed responsibility. Qatar's Foreign Ministry called it a “dangerous and unacceptable escalation that threatens the security and safety of maritime trade routes and vital supplies in the region." The United Kingdom Maritime Trade Operations Center said the ship attack happened 23 nautical miles (43 kilometers) northeast of Doha. It gave no details about the ship's owner or origin. Kuwait Defense Ministry spokesperson Brig. Gen. Saud Abdulaziz Al Otaibi said forces responded to drones “in accordance with established procedures” but did not say where they came from. Iran and armed allied groups like Hezbollah in Lebanon have used drones to carry out hundreds of strikes since the war began with U.S. and Israeli attacks on Feb. 28. Iran says it's on ‘full readiness’ to protect nuclear sites Trump has reiterated threats to resume full-scale bombing if Iran does not accept an agreement to reopen the strait and roll back its nuclear program. Iran has largely blocked the strategic waterway that's key to the global flow of oil, natural gas and fertilizer since the war began, rattling world markets. The U.S. in turn has blockaded Iranian ports and on Friday struck two Iranian oil tankers it said were trying to breach the blockade. Iran’s Revolutionary Guard navy says any attack on Iranian oil tankers or commercial vessels would be met with a “heavy assault” on one of the U.S. bases in the region and enemy ships. The American military said Sunday that it has turned back 61 commercial vessels and disabled four since the blockade began April 13. Another sticking point in negotiations is Iran’s highly enriched uranium. The U.N. nuclear agency says Iran has more than 440 kilograms (970 pounds) of uranium that is enriched up to 60% purity, a short, technical step from weapons-grade levels. In an interview with state media posted late Saturday, an Iranian military spokesperson said its forces were on “full readiness” to protect nuclear sites where uranium is stored. “We considered it possible that they might intend to steal it through infiltration operations or heli-borne operations,” Brig. Gen. Akrami Nia told the IRNA news agency. Israeli Prime Minister Benjamin Netanyahu in an excerpt of an interview with CBS scheduled to air later Sunday said the war isn't over because the enriched uranium needs to be taken out of Iran. “Trump has said to me, ‘I want to go in there,’ and I think it can be done physically,” he said. Russian President Vladimir Putin said Saturday that Moscow’s proposal to take enriched uranium from Iran to help negotiate a settlement remains on the table. The majority of Iran’s highly enriched uranium is likely at its Isfahan nuclear complex, the International Atomic Energy Agency director-general told The Associated Press last month. The facility was bombarded by U.S.-Israeli airstrikes in the 12-day war last year and faced less intense attacks this year. Pakistan oversaw face-to-face talks between the U.S. and Iran last month and continues to pursue mediation. In rare public comments, army chief Field Marshal Asim Munir said Islamabad remains committed to helping end the conflict. Prime Minister Shehbaz Sharif spoke by phone with his Qatari counterpart. Iran warns against French-British effort in the strait Iran's deputy foreign minister warned against a planned French-British effort that aims to support maritime security in the Strait of Hormuz after hostilities are over. “The presence of French and British vessels, or those of any other country, for any possible cooperation with illegal U.S. actions in the Strait of Hormuz that violate international law will be met with a decisive and immediate response from the armed forces,” Kazem Gharibabadi said on social media. French President Emmanuel Macron responded by saying it won't be a military deployment but an international mission to secure shipping once conditions allow. Several attacks against ships in the Persian Gulf have occurred over the past week, and a U.S. effort to “guide” ships through the strait was quickly paused. South Korea announced initial findings from an investigation that said two unidentified airborne objects struck the South Korean-operated vessel HMM NAMU about one minute apart while it was anchored in the strait last week, causing an explosion and fire. A foreign ministry spokesperson said officials have yet to determine who was responsible.

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  • currentsapi(Mixed)By AP

    Iran has sent its response to the latest U.S. ceasefire proposal via Pakistani mediators and wants negotiations to focus on permanently ending the war, Iran’s state-run media said Sunday. Pakistan confirmed receiving it. Iran seeks to end the war on all fronts, including in Leban…

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Key points: Bitcoin diverges from US stocks as Trump says Strait of Hormuz “open” Data from TradingView showed BTC/USD building on the week’s gains as the S&P 500 bounced from 7,696, its lowest level since Aug. 4. BTC/USD four-hour chart. Source: Cointelegraph/TradingView This came after US president Donald Trump posted a map of the closed Strait of Hormuz oil route to Truth Social where it was labeled “new US territory.

” Both the US and Iran lay claim to control of Hormuz, with Trump threatening US ally Oman with military action over its plans to work with Iran on charging tolls to shipping traffic. In a subsequent post, Trump confirmed that further diplomacy with Iran was not on the agenda.

“There are no talks or conversations going on, or scheduled, with the Islamic Republic of Iran. The Naval Blockade remains in full force and effect. The Hormuz Strait is open and operating. All water mines have been removed or detonated,” he wrote. S&P 500 one-day chart.

Source: Cointelegraph/TradingView As on Monday, oil avoided major volatility, with WTI crude down 1% at the time of writing at $84 per barrel. US government bonds continued to show strain, with the 30-year yield hitting 5.34%, its highest since January 2007.

“Bond prices are sending warnings,” BNY Mellon analyst Geoff Yu wrote in a research note quoted by the New York Times. Yu said that the surge came as “investors demand more compensation for inflation risk,” while also attributing the upside to government borrowing.

US 30-year bond yields one-month chart. Source: Cointelegraph/TradingView BTC price faces crunch rebound test Updating X followers on BTC/USD, trader and analyst Aksel Kibar eyed the culmination of a potential reverse head-and-shoulders pattern at $62,300.

Related: Bitcoin price spike to $64.5K was ‘low-volume liquidity trap’: Analysis “If $BTCUSD is going to rebound, it has to come from here,” he argued on Monday. Kibar offered a $53,000 target in the event of the head-and-shoulders structure failing, with $76,000 a potential upside target should the rebound sustain.

BTC/USD one-day chart. Source: Aksel Kibar on X.com Previously, Cointelegraph reported that underwater investors were contributing to Bitcoin’s inability to break higher. Its rebound to $64,500 also stopped short of an overhead trend line, the 50-month exponential moving average (EMA).

This moving average is now in place as resistance at $65,827.

Location: Strait of Hormuz
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Trump says no talks underway with Iran, Hormuz blockade remains in place US president says no discussions are taking place or planned with Tehran and reiterates that the naval blockade of the Strait of Hormuz remains fully operational Washington: US President Donald Trump said on Tuesday that no talks are taking place with Iran and that no discussions are currently scheduled between the two countries.

In a post on his Truth Social platform, Trump also said the naval blockade of the Strait of Hormuz remains "in full force and effect." The president did not provide further details regarding US policy towards Iran or any potential future diplomatic engagement.

Trump's comments come amid continued tensions between Washington and Tehran and renewed focus on security and navigation through the Strait of Hormuz, one of the world's most important oil shipping routes.

Location: Tehran
diplomacyUnverifiedUSIran
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Iranian Foreign Minister Abbas Araghchi said Tuesday that Iran had “won both the war and diplomacy,” claiming those who initially sought Tehran’s “unconditional surrender” later sought negotiations. Speaking at an event, Araghchi said Iran resisted for days against what he described as “the world’s largest apparent military,” alongside another army claiming military power and with the support of nearly all Western countries and some other states inside and outside the region, according to the Tasnim news agency.

“Those who were seeking unconditional surrender, shortly after the war began, begged for negotiations,” Araghchi said. He claimed Tehran initially rejected a ceasefire and continued fighting until reaching a point where the other side accepted a ceasefire and negotiations “on Iran’s terms.

” “We fought with strength, and we negotiated with strength,” he said, adding that many foreign ministers had told him: “You won both the war and diplomacy.” Araghchi’s remarks came after US President Donald Trump called on Iran on Monday to give up and “raise the white flag.

Location: Tehran
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- Iran demands US lift sanctions and return frozen assets to reopen Strait of Hormuz - Iran's Parliament Speaker warns closure of Strait continues until US ends military threats - Around 20% of global oil supply passes through the Strait, impacting energy security Iran has warned that the Strait of Hormuz will remain closed until the US meets a set of conditions, including the release of frozen Iranian assets, an end to oil sanctions and what Tehran describes as a US blockade and military threats.

Al-Arabiya English reported that Iran's Parliament Speaker and top negotiator Mohammad Bagher Ghalibaf said the Trump administration must meet the conditions before Tehran considers reopening the strategic waterway. “Until the Trump regime removes the blockade, ends the wars across the region, returns Iran's stolen assets, lifts the oil sanctions, and ceases its military threats, the Strait of Hormuz will remain closed,” Ghalibaf said.

Until the Trump regime removes the blockade, ends the wars across the region, returns Iran's stolen assets, lifts the oil sanctions, and ceases its military threats, the Strait of Hormuz will remain closed. pic.twitter.com/fl2RrKnT1R— Seyed Mohammad Marandi (@s_m_marandi) August 18, 2026 Ghalibaf also warned that Iran was prepared to respond more forcefully depending on the actions of its adversaries.

ALSO READ: 'We Control Hormuz': Trump To Declare Strait As US Territory? Here's What President Says The comments add a new condition to an already fragile diplomatic environment, with the Strait of Hormuz at the centre of concerns over global energy supplies.

Around one-fifth of global oil supply typically passes through the waterway, making any prolonged disruption a major risk for crude markets, shipping and energy security. Earlier, Press TV reported that Ghalibaf is scheduled to travel to Baghdad on Wednesday at the head of a high-level Iranian delegation for discussions with Iraqi leaders.

The talks are expected to cover regional developments and bilateral cooperation, including border security, counterterrorism, economic ties and implementation of existing agreements. Iraqi media have also reported that the agenda could include a proposal concerning Iraqi oil exports through the Strait of Hormuz.

The visit comes as regional governments grapple with the implications of continued disruption in one of the world's most important energy corridors. ALSO READ: Hormuz Tensions: Another Ship Hit By Unknown Projectile, Says UKMTO Centre The security situation in the waterway has also remained tense.

The UK's Maritime Trade Operations agency, or UKMTO, said a vessel reported being struck by an unknown projectile while conducting an outbound transit of the Strait of Hormuz. “The Company Security Officer has reported that the vessel was struck by an unknown projectile while conducting an outbound transit of the Strait of Hormuz,” UKMTO said.

The impact damaged the vessel's engine room and resulted in a crew casualty, the agency said. The remaining crew was being assisted by the Omani coastguard. Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Location: Tehran