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Iranian President Masoud Pezeshkian announced that Supreme Leader Ayatollah Ali Khamenei has authorized the government to pursue direct diplomatic channels with the United States.
Global crude prices edged higher in early Asian trading following reported US strikes on Iranian infrastructure near the Strait of Hormuz.
Tehran has cautioned that any renewed military engagement with the United States could extend longer than previous clashes, as diplomatic efforts remain stalled.
A preliminary draft framework for negotiations between the US and Iran suggests reopening the Strait of Hormuz within seven days of an initial deal while addressing nuclear and economic demands.
A Qatari delegation has arrived in Tehran to conduct negotiations aimed at restarting ceasefire talks in the ongoing conflict between the United States and Iran.
As tensions persist, the United States is concurrently preparing for potential strikes while US Vice President JD Vance seeks direct negotiations with Tehran.
A vast, clandestine web of front companies linked to Iran's Ministry of Defense has reportedly facilitated $2 billion in military hardware imports, evading international sanctions.
Iran’s military reports that four tankers sustained fire damage after striking naval mines while navigating an unauthorized route in the Strait of Hormuz.
Foreign Minister Abbas Araghchi confirms Iran is negotiating a seven-day framework to halt regional hostilities and reopen the strategic Strait of Hormuz.
American officials have advised regional allies to prepare for possible renewed military operations against Iran following the US midterm elections.
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