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strikeMay 1, 2026

Iran submits fresh proposal to US as Hormuz crisis roils oil markets, raises hopes for talks

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Iran has submitted a new proposal for negotiations with the United States, in a move that could revive stalled diplomacy over the Iran conflict, news agency Reuters reported. The proposal was shared via Pakistan, which has been mediating between the two sides, a Pakistani official confirmed. The development comes as a fragile ceasefire — in place since April 8 — struggles to translate into meaningful de-escalation, with both military and economic tensions still running high. Proposal routed via Pakistan Iranian state media and a Pakistani official said the proposal was delivered late Thursday and forwarded to Washington, though no details have been disclosed, Reuters reported. The move is being seen as a potential diplomatic opening after weeks of deadlock. Hormuz crisis keeps markets on edge The geopolitical backdrop remains volatile. The closure of the Strait of Hormuz — through which roughly 20% of global oil and gas flows — has severely disrupted energy markets, pushing prices above $100 a barrel. Oil prices eased slightly after news of the proposal, but markets remain jittery amid uncertainty over whether the crisis will escalate further, Reuters said. ⚔️ Ceasefire: Apr 8🛢 Brent: ~$114/bbl🚢 20% world oil blocked📅 War Powers deadline: May 1 Brent Crude Peak$126per barrel — on briefing news Brent Crude Now~$114per barrel — slipped back World Supply Blocked20%oil & gas choked off Ceasefire SinceApr 8But strait still blocked USUSAPres. Donald Trump IRIRANSup. Leader Khamenei ILISRAELAllied with US PKPAKISTANMediator Current Situation — Strait of Hormuz Crisis Conflict Timeline ~Mar 1, 2025Conflict BeginsUS-Israeli military operations against Iran begin. Iran launches drones and missiles at Israel and US bases in Gulf states. Hormuz blocked. Apr 8, 2025Ceasefire AgreedUS-Iran ceasefire takes effect. Iran retains control of the strait — blocking all but its own shipping — citing ongoing US naval blockade of Iran's oil exports. May 1, 2025War Powers Deadline ← NOWFormal US deadline to end the war or extend it under the 1973 War Powers Resolution. A senior official says hostilities are deemed terminated due to the ceasefire — likely to pass without formal congressional action. TBDNegotiations / Escalation?Pakistan mediating. US weighing fresh strikes, extended blockade or coalition to reopen strait. Iran warns of retaliation for any new attack. Stalemate: A ceasefire is in place since April 8 but Iran continues blocking the Strait of Hormuz in response to a US naval blockade of Iran's oil exports. The strait — through which 20% of global oil and gas flows — has been closed for ~two months. Brent crude hit $126/bbl on reports of a Trump military briefing before slipping to ~$114. Brent Crude — price context ($USD/bbl) Pre-conflict ~$75 Current (~$114) ~$114 ↑52% Peak ($126) $126 ↑68% 🔺 Pre-conflict baseline ~$75/bbl. Bars are proportional to $130 max. Key Quotes — What Leaders Are Saying Any new US attack on Iran, even if limited, would usher in long and painful strikes on US regional positions. IRGC Senior OfficialIran's Revolutionary Guards Foreigners who come from thousands of kilometres away have no place there except at the bottom of its waters. Ayatollah Mojtaba KhameneiSupreme Leader, Iran — on Strait of Hormuz Iran will not be allowed to have a nuclear weapon. The price of gasoline will drop like a rock as soon as the war ends. Donald TrumpUS President The longer this vital artery is choked, the harder it will be to reverse the damage. António GuterresUN Secretary-General Expecting to reach a result in a short time, regardless of who the mediator is, is not very realistic. Esmaeil BaghaeiIran Foreign Ministry Spokesman We've seen what happened to your regional bases — we will see the same thing happen to your warships. Majid MousaviIRGC Aerospace Force Commander What's at Stake — Global Impact Energy20% of global oil & gas blocked The Strait of Hormuz is the world's most critical oil chokepoint. Its two-month closure has sent Brent crude from ~$75 to $114/bbl — a 52% surge. EconomyGlobal recession risk, millions at poverty line The UN warns if the disruption drags past mid-year, global growth will fall, inflation will rise and tens of millions more people will be pushed into poverty. US PoliticsGas prices — key issue for November midterms Trump has repeatedly stressed that fuel prices will fall "like a rock" once the war ends — signalling domestic political urgency ahead of November midterm elections. IranEconomy crippled but survives US blockade The conflict has worsened Iran's dire economic situation. The US blockade has cut off oil export revenues — Iran's economic lifeline — but analysts say Tehran can hold out for now. RegionLebanon ceasefire a key Iran condition Iran says halting Israeli attacks on Lebanon — where a fragile ceasefire is in place — is part of the Iran-US ceasefire understanding and must remain a condition of any deal. GulfUAE bans travel to Iran, Iraq and Lebanon The UAE has banned its citizens from travelling to Iran, Lebanon and Iraq and urged those currently there to leave immediately, citing escalating regional developments. What Next — Options & Scenarios Four scenarios on the table — Trump was briefed Thursday on military and diplomatic options to end the Hormuz impasse. Option AFresh military strikes on Iran A series of targeted strikes to compel Iran to negotiate. Iran has warned even a limited attack would trigger "long and painful" retaliation on US regional bases and warships. Option BGround forces to seize part of strait Axios reports a plan involving US ground forces taking over part of the Hormuz strait to reopen it to commercial shipping — a major escalation with unpredictable consequences. Option CMaritime coalition to reopen strait US State Dept has invited allies to join the 'Maritime Freedom Construct'. UK, France and others are willing to help — but only after the conflict formally ends. Option DExtend blockade or declare victory Trump is also weighing a unilateral US declaration of victory or extending the naval blockade of Iran's oil exports to force economic surrender. Pakistan continues mediation. Air defence alert in Tehran: Air defence activity was heard in areas of Tehran Thursday evening, Iran's semi-official Mehr news agency reported, with drones and unmanned surveillance vehicles being engaged — adding to uncertainty around the ceasefire. Sources: Reuters · Axios · IRNA · Mehr News Agency | Updated: 1 May 2025 US stance, war powers debate Even as tensions persist, the Trump administration has argued that hostilities have effectively ended due to the ceasefire, a position that could allow it to bypass congressional approval under the War Powers Resolution, the Associated Press reported. A senior administration official said that, for the purposes of the law, “the hostilities that began on Saturday, Feb. 28 have terminated,” noting there has been no direct exchange of fire since early April, AP reported. Military threats continue despite ceasefire On the ground, however, both sides appear to be preparing for escalation. Iran has activated air defences and is bracing for a possible “short, intensive” U.S. strike, potentially followed by Israeli action, according to Reuters. Story continues below this ad A senior Iranian Revolutionary Guards official warned that any new US attack would trigger “long and painful strikes” on American regional positions. Aerospace Force Commander Majid Mousavi said, “We’ve seen what happened to your regional bases; we will see the same thing happen to your warships.” Gulf concerns, maritime coalition in focus The crisis has raised alarm among Gulf states. UAE presidential adviser Anwar Gargash said freedom of navigation in the Strait must be ensured by international law, adding, “No unilateral Iranian arrangements can be trusted or relied upon following its treacherous aggression against all its neighbours.” Meanwhile, the US has floated plans for a maritime coalition — the “Maritime Freedom Construct” — to secure shipping lanes, though European allies have indicated participation would depend on an end to active hostilities, Reuters reported. Uncertain road ahead Despite economic strain from U.S. naval blockades and export restrictions, Iran appears capable of sustaining a prolonged standoff. Washington is weighing options, including extending the blockade, launching limited strikes, or declaring a unilateral victory, Reuters reported. Story continues below this ad With thousands killed — mainly in Iran and Lebanon — and global markets still reacting sharply to every development, Iran’s latest proposal offers a possible diplomatic off-ramp. But with both sides maintaining hardline positions, a breakthrough remains far from certain. The Express Global Desk at The Indian Express delivers authoritative, verified, and context-driven coverage of key international developments shaping global politics, policy, and migration trends. The desk focuses on stories with direct relevance for Indian and global audiences, combining breaking news with in-depth explainers and analysis. A major focus area of the desk is US immigration and visa policy, including developments related to student visas, work permits, permanent residency pathways, executive actions, and court rulings. The Global Desk also closely tracks Canada’s immigration, visa, and study policies, covering changes to study permits, post-study work options, permanent residence programmes, and regulatory updates affecting migrants and international students. All reporting from the Global Desk adheres to The Indian Express’ editorial standards, relying on official data, government notifications, court documents, and on-record sources. The desk prioritises clarity, accuracy, and accountability, ensuring readers can navigate complex global systems with confidence. Core Team The Express Global Desk is led by a team of experienced journalists and editors with deep expertise in international affairs and migration policy: Aniruddha Dhar – Senior Assistant Editor with extensive experience in global affairs, international politics, and editorial leadership. Nischai Vats – Deputy Copy Editor specialising in US politics, US visa and immigration policy, and policy-driven international coverage. Mashkoora Khan – Sub-editor focusing on global developments, with a strong emphasis on Canada visa, immigration, and study-related policy coverage. ... Read More

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  • Express Global DeskBy Express Global Desk

    Iran has submitted a new proposal for negotiations with the United States, in a move that could revive stalled diplomacy over the Iran conflict, news agency Reuters reported. The proposal was shared via Pakistan, which has been mediating between the two sides, a Pakistani officia

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Advertisement Middle East Crisis US-Iran War Live: US weighs troop pullback from Gulf following damage in Iran war, report says New Delhi,UPDATED: Aug 19, 2026 02:00 IST US-Iran War Live Updates: US President Donald Trump said on Tuesday that no talks with Iran were taking place or scheduled, while insisting that the Strait of Hormuz remained open.

"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," Trump said on Truth Social.

Iran, however, maintained that the waterway would remain closed until Washington met conditions under an interim deal signed in June, including lifting the blockade on Iranian ports, removing oil sanctions, unfreezing Iranian assets and ending military operations.

The conflicting claims came as Jared Kushner, Trump’s son-in-law and special envoy, said on Monday that US-Iran contacts were "probably more robust than it's maybe ever been". Meanwhile, the UAE said it detected two ballistic missiles launched from Iran, which it assessed were targeting "maritime traffic".

Both missiles fell into the sea, according to the UAE Defence Ministry. Iran did not immediately comment. The incident was reported as a 60-day window for US-Iran peace talks expired without a breakthrough, raising fears of renewed escalation and further disruption to shipping through Hormuz.

The UAE had also recently accused Iran of attacking ADNOC vessels transiting the strait, although Tehran has not claimed responsibility. Follow indiatoday.in for live updates....Read More (Photo: X/@CENTCOM) 2 Aug 19, 2026 02:00 IST US Iran war: US weighs troop pullback from Gulf after Iran war damage, report says The US Defense Department is considering reducing its military presence in the Persian Gulf after its bases and facilities sustained damage during the war with Iran, The Washington Post reports.

The conflict has given Washington a “once-in-a-generation chance” to reassess its long-term military footprint in the Gulf, according to the report. One option under consideration is moving some US troops and military facilities further west, including to Jordan and Israel.

American refuelling aircraft have been stationed in Israel during the war. Aug 19, 2026 01:59 IST Middle East crisis: Here's what happened so far - US-Iran talks: Trump said no talks with Iran are underway or scheduled. - Trump on Hormuz: He said the Strait of Hormuz is open and operating, while the US naval blockade remains in force.

- Iran’s position: Top negotiator Mohammad Baqer Qalibaf said Hormuz will remain closed until US demands under the June interim deal are met. - Iran’s demands: Tehran wants the US to lift the blockade on its ports, remove oil sanctions, unfreeze Iranian assets and end military operations.

- Kushner’s account: Jared Kushner said on Monday that US-Iran contacts were “probably more robust than it’s maybe ever been.” - Talks stalled: A senior Iranian official said Tehran would shift to a “fully offensive” military posture as efforts to reach a permanent deal have stalled.

- UAE missile alert: The UAE said it detected two ballistic missiles launched from Iran. - Missiles fell at sea: The UAE Defence Ministry said both missiles fell into the sea and were assessed to have been targeting “maritime traffic.” - No Iranian claim: Iran has not immediately commented on the UAE's missile allegation.

- 60-day window expires: The missile incident followed the expiry of a 60-day window for US-Iran peace talks on Monday without a breakthrough. - UAE all-clear: The UAE earlier told residents the situation was safe and asked them to resume normal activities after the missile warning.

- ADNOC vessels: The UAE has accused Iran of attacking its state-owned ADNOC vessels transiting Hormuz. Iran has not claimed responsibility for those attacks.

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President Donald Trump has made another bombastic pronouncement amid the war with Iran. On Tuesday, he shared a map labeling the Strait of Hormuz “NEW U.S. Territory,” via his Truth Social platform. Iran has continued to stress that the strait will not be fully reopened until Washington meets its slew of demands, including ending its blockade on Iranian shipping and scrapping oil sanctions.

Ship Hit in Strait Just hours before Trump’s latest post, a vessel exiting the Strait of Hormuz was struck by an unidentified projectile off the coast of Oman. According to the United Kingdom Maritime Trade Operations, the ship’s engine room was hit, resulting in a “crew casualty.

” Officials did not immediately identify the vessel or its cargo. The Omani Coast Guard said it was assisting the remaining crew as authorities investigated the incident. Iran’s Stranglehold on the Strait Since the United States and Israel launched attacks on the Islamic Republic on February 28, Iran has tightly restricted shipping through the waterway.

Prior to the war, around one-fifth of globally traded oil passed through Hormuz. Iranian parliamentary speaker Mohammad Bagher Qalibaf said Tuesday that Tehran would maintain its restrictions until Washington fulfilled what Iran considers its commitments under the interim U.

S.-Iran agreement struck in June. Those demands include lifting the U.S. blockade of Iranian ports, releasing frozen Iranian assets, removing sanctions on Iranian oil and gas exports, and ending U.S. military threats and operations. “Until the United States fulfills its commitments under the agreement … the Strait of Hormuz will not reopen,” Qalibaf said.

Blockade Vs. Territory Asked in the Oval Office on Monday about his earlier suggestion that Hormuz could become American territory, the president said he liked the idea. “We control it with the blockade, and I like the idea of declaring it a territory,” Trump told reporters, adding: “We have total control over the strait now.

” Washington’s blockade is hitting Iranian shipping hard. U.S. Central Command said Monday that American forces had redirected 64 commercial vessels, disabled three ships, and boarded another two as part of the renewed blockade. That does not mean Washington has eliminated Iran’s ability to disrupt other shipping.

Tuesday’s unexplained attack came after a string of strikes on vessels attempting to navigate the area. Iran’s Deputy Foreign Minister Kazem Gharibabadi also rejected Trump’s territorial claim on Tuesday, describing it as a “delusion.” Tehran has repeatedly maintained that it, rather than Washington, will determine when normal passage through the strait resumes.

Iran and Oman Near Deal Complicating matters further are separate negotiations between Iran and Oman, the two countries sitting on opposite sides of the strait. Iran said Monday that the two governments were finalizing details of an agreement concerning shipping routes through Hormuz.

Foreign Ministry spokesman Esmail Baghaei said an “understanding has been reached regarding the map of the transit route.” Trump responded by threatening Oman, a longstanding U.S. partner, telling Fox News that Washington would “bomb the shit out of them” if Muscat “gets in the way.

” The diplomatic clock has already run down. The 60-day negotiating period established by the June memorandum between Washington and Tehran expired on Monday without a broader agreement being reached. Trump has said the United States is not seeking an extension.

Tehran Likely to Double Down Columnist Melanie Phillips slammed President Trump’s plans for a ceasefire last month, complaining that it had given Tehran the upper hand and showed that “everyone can now see America is not prepared to make the sacrifices necessary to defend itself.

” Trump has claimed Iran has essentially lost this war and that the blockade is massively damaging its economy. However, he has also instructed his team to pursue a “low-key” approach to talks. On July 7, Trump said the agreement was “over”, while Iran’s Foreign Ministry said it was “suspended” the following week.

“They should put up the white flag of surrender,” Trump told Fox News on Monday, claiming that backchannel talks with the Islamic Revolutionary Guard Corps (IRGC) were ongoing. The IRGC has denied these claims. On Tuesday, Trump dramatically changed his tune, stating that no talks with Iran were ongoing, and that no discussions were scheduled.

About the Author: Georgia Gilholy Georgia Gilholy is a journalist based in the United Kingdom who has been published in Newsweek, The Times of Israel, and the Spectator. Gilholy writes about international politics, culture, and education.

Location: Tehran
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Iran War Day 172: ‘No Talks’ Scheduled with Tehran, Trump Says In a post on Truth Social Tuesday President Donald Trump said that “there are no talks or conversations going on, or scheduled, with the Islamic Republic of Iran.” Trump added that the U.

S. naval blockade on the Strait of Hormuz “remains in full force and effect” and that the waterway “is open and operating.” In a separate post, Trump published an image labelling the strait as “NEW U.S. Territory.” Only six commodity ships transited the Strait of Hormuz on Monday, according to Kpler data cited by Reuters.

Iran’s Speaker of Parliament Mohammad Bagher Ghalibaf said Tuesday, Until the commitments made by the United States in the memorandum of understanding, including the lifting of the blockade, the release of frozen assets, the lifting of oil sanctions, the end of threats and military operations on all fronts, and other conditions to which America agreed in the memorandum, are implemented, the strait will not be opened.

The deadline for that memorandum of understanding—signed by Trump and Iran’s president in June—expired on Monday. The two nations had agreed to negotiate a final peace deal over a 60-day period, but the framework agreement quickly fell apart, and the deadline seemingly wasn’t extended, despite mixed reporting.

Subscribe Today Get daily emails in your inbox Ghalibaf will lead a “high-level parliamentary delegation” to Iraq on Wednesday, Iran’s Fars news agency reported. The visit comes as pro-Iran militia groups face a September 30 deadline set by the Iraqi government to disarm.

Syria condemned reported Israeli strikes against Abu Duhur airbase on Tuesday, while the U.S. expressed concern over the incident. U.S. Ambassador to Turkey and special envoy for Syria and Iraq Tom Barrack wrote on X that “we are deeply concerned that the confirmed Israeli airstrikes on Abu al-Duhur Airbase constitute an unnecessary escalation that does not advance regional stability.

” The price of Brent Crude oil was over $91 per barrel on Tuesday morning. AAA recorded the national average price of regular gas at $4.07.

Location: Tehran
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U.S. President Donald Trump said on Tuesday no talks were taking place with Iran and none were scheduled, and he insisted that the Strait of Hormuz was open, contradicting an earlier Iranian assertion that the critical waterway remained shut to shipping.

The receding prospects of a deal to end the nearly six-month conflict drove up oil prices again on Tuesday, while stock markets sagged and borrowing costs for major economies including the U.S. hit multi-decade highs, amid concerns about the long-term inflationary and fiscal impact of the crisis.

A temporary ceasefire agreement expired on Monday and a senior Iranian official told Reuters that his country was moving to a “fully offensive” military posture due to the diplomatic stalemate, though there were no reports of fresh strikes by either side on Tuesday.

“There are no talks or conversations going on, or scheduled, with the Islamic Republic of Iran,” Trump said in a post on Truth Social on Tuesday. “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 added.

On Monday, Jared Kushner, Trump's son-in-law and special envoy, had sounded an optimistic note, saying talks with Iran were still under way and were “probably more robust” than they had ever been. Despite Trump's typically ebullient remarks about the situation in the Gulf, preliminary shipping data on Tuesday showed ship crossings via the Strait of Hormuz were still in single digits on Monday.

The United Kingdom Maritime Trade Operations said it received a report on Tuesday that a vessel was struck by an unknown projectile while transiting outbound in the Strait of Hormuz, causing engine room damage and a crew casualty. The remaining crew were being assisted by the Omani Coast Guard, according to the report.

Top Iranian negotiator Mohammad Baqer Qalibaf said in comments published by state media that the strait would remain shut until the U.S. met the conditions of an interim deal signed with Iran in June. These conditions include the U.S. lifting its blockade of Iranian ports, lifting oil sanctions, releasing Tehran's frozen assets, and ending threats and military operations on all fronts, Qalibaf told parliament.

A memorandum of understanding signed on June 17 had set a 60-day time frame for a broader deal on Iran's nuclear programme and U.S. sanctions. That period elapsed on Monday and Trump said he had no plans to extend it. The agreement, which declared the “immediate and permanent termination of military operations on all fronts,” had quickly unravelled over a dispute about control of the Strait of Hormuz, the narrow waterway through which a fifth of global oil and liquefied natural gas flowed before the war.

Both Trump and Tehran have frequently switched between threats and more emollient rhetoric as they seek a way out of the crisis, which erupted when the U.S. and Israel launched strikes against Iran on February 28. Iran remains open to dialogue with the U.

S. but does not confuse negotiations with surrender, Mohammad Mokhber, an adviser to Iran's supreme leader, said on Tuesday, according to the semi-official Fars news agency. Mokhber said military pressure and sanctions would not break Iran's resolve and that the country would defend its security, dignity and allies while not seeking war.

Even as Iran projects resilience in the war, its leaders are worried that a threat of more economic punishment could increase hardships, reignite unrest and further erode the Islamic Republic’s legitimacy, according to three Iranian officials. Thousands of people have been killed in the conflict, mainly in Iran and Lebanon.

Iran has bombed U.S. military bases and infrastructure in countries including Oman, Jordan, Kuwait, Israel, the United Arab Emirates and Saudi Arabia. Benchmark Brent crude oil futures have surged during the conflict, hitting a peak of $126 a barrel, roughly 75% above pre-war levels.

Brent crude futures settled up 20 cents on Tuesday at just over $91 a barrel. For Americans who will vote in November congressional elections, gasoline prices have risen above $4 per gallon, up from less than $3 before the war, according to the automotive group AAA.

Location: Tehran