Iran US-Israel War news :
- CNN is reporting that the Trump administration officials are working to organize a potential meeting this weekend—likely in Pakistan, though Turkey is also being considered—to explore a diplomatic off-ramp to the ongoing conflict with Iran. Vice President JD Vance is expected to attend, possibly alongside other senior officials, though details remain fluid due to security and logistical concerns. Pakistan has been a key intermediary, recently conveying a 15-point US proposal addressing Iran’s nuclear and missile programs, while Turkey has also played a supporting diplomatic role. Discussions about the trip are ongoing at the White House, with Vance, Secretary of State Marco Rubio, Jared Kushner, and envoy Steve Witkoff currently leading the negotiations.
- Netanyahu’s window for destruction is potentially closing as a result, the near times is reporting that he is looking to exert maximum effort over the next 48 hours to destroy as much as possible of Iran’s weapons industry.
- From Iran, they are considering meeting with US negotiators in Pakistan to meet US officials to discuss the 15 point plan from Pres. Trump, but would not entertain a temporary cease-fire (the NY Times is also reporting).
- Axios is important that the US has not received any official messages rejecting the offer.
Iran did flinch a little overnight after easing some restriction on the Strait of Hormuz.
Right now, Iran is not fully reopening the Strait of Hormuz. Instead, it’s allowing some ships through under strict conditions, while restricting or blocking others.
What’s happening:
- “Non-hostile” ships can pass, but they must coordinate with Iranian authorities
- Ships linked to the U.S., Israel, or close allies are generally restricted
- Some countries—like India, China, and Pakistan—have had vessels allowed through in certain cases
- Ships may need special approval or identification signals to transit safely
But it’s still highly restricted:
- Iran has turned back ships without permission
- Overall traffic is reduced and more uncertain, with delays and rerouting
Bottom line:
The Strait isn’t fully closed—but it’s tightly controlled and being used as leverage.
Iran is allowing some ships through, mainly those it considers neutral or friendly, while limiting others
Looking at the oil market, the price is currently trading at $90.40. That is well off of the low at $86.46 for the day. The high prices at $90.68.
This article was written by Greg Michalowski at investinglive.com.
