US-Iran-Israel War Live Updates: Follow real-time developments as diplomacy over the Strait of Hormuz gathers pace while military tensions continue across the Middle East. Stay updated on the latest negotiations,

Iran and Oman are closing in on an agreement for a temporary shipping route through the Strait of Hormuz, but Tehran says the deal alone will not fully reopen the critical waterway. Follow for the latest developments.

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Vice President JD Vance said Saturday the US and Iran are “in the middle of the game,” as Iran issued a series of demands to the US to reopen vital shipping in the Strait of Hormuz. The VP, who helped negotiate a “Memorandum of Understanding” with the Islamic regime in June,

Iran is betting that military pressure will ultimately force the United States to accept Tehran's control over the Strait of Hormuz — and that time is on its side. But its strategy carries risks.

The Iran war has depleted U.S. weapons stockpiles, resulting in a significant erosion of firepower. A more drawn-out Iran conflict benefits Moscow and Beijing, some analysts say.

Strong earnings have created extra “diversification interest” in European stocks in recent weeks, according to Zavolock. A brutal sell-off in global semiconductor stocks in July had prompted a renewed interest in regions such as Europe, investors said, where returns are less tied to volatile technology and AI stocks.

There was no immediate comment from the U.S., which has wanted an acceptable deal first on the strait before ending the blockade.