- Iran has reportedly offered a new peace proposal to the US, conveyed via Pakistani mediators, suggesting the reopening of the Strait of Hormuz.
- The proposal aims for a permanent end to the conflict, with nuclear negotiations to be addressed at a later stage.
- The Trump administration has not yet responded to the offer, with officials scheduled to discuss the next steps in a Situation Room meeting.
- Iran's foreign minister, Abbas Araghchi, is in Russia to discuss the Middle East situation with Vladimir Putin, following meetings with Pakistani and Omani delegations.
- Despite ongoing mediation efforts, the Strait of Hormuz remains closed, leading to a nearly 2 per cent rise in Brent crude prices to $107.26 a barrel.
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