U.S. President Donald Trump has reportedly held a phone call with Russian President Vladimir Putin to discuss efforts to end the ongoing conflict involving the United States, Israel, and Iran.
During the call, Putin presented proposals aimed at reaching a quick political and diplomatic settlement to the war.
The development comes as Russia has also maintained close contact with Iran. Putin recently congratulated Iran’s newly appointed Supreme Leader and expressed Russia’s support for Iran in the face of military pressure from the U.S. and Israel.
Hormuz is closed by the Iranian Islamic Revolutionary Guard Corps (IRGC) . Markets are reacting with great panicking.
US envoy reportedly seeks contact with Iran on ceasefire but Tehran blatantly refused any ceasefire or negotiations with United States.
The Al Jazeera bureau chief in Tehran, Noureddine El-Dghir, reports from reliable sources that US President’s envoy, Steve Witkoff, has attempted to reach Iranian Foreign Minister Abbas Araghchi, aiming to test Tehran’s willingness for a ceasefire.
However, according to the sources, there is currently no Iranian interest in engaging, with another source confirming that Iran’s National Security Council has no discussion at this time regarding halting the war.
Iran’s FM Abbas Araghchi told PBS News that talking or negotiating with the US is no longer on the agenda. He says that despite making progress during previous rounds of negotiations, the US still chose to attack Iran.
14 million barrels/day—one-third of global seaborne oil—flow through Hormuz. Traffic is down 80% in one week as Oil past $100. Prices up 30% in a week. Inflation rising. Industry slowing already.
Schumer calls on Trump as oil price surges
Senate minority leader is urging the President to tap the nation’s reserve — 415.4 million barrels
"Oil production dependent on the strait risks fully stopping in the coming month. We are entering a new price reality—inevitable."
Oil prices above $100 per barrel “increase pressure on consumer prices through transport, logistics, and business costs,” Russian expert Alexey Primak told Sputnik.
“If these levels persist for several months, central banks will have to maintain tight monetary policy longer than the market expects. This adds to the risk of a global economic slowdown," he stressed.
Washington started this war. Now the US is quietly easing Russian oil sanctions to stabilize markets—while Europe scrambles.
- Russian intelligence reports indicate Israel has suffered catastrophic losses in the initial 72 hours of Iran's retaliation, far exceeding public admissions by Netanyahu.
- Key findings from the leaked assessment include:
- Complete operational loss of the Dimona nuclear reactor, Israel's critical nuclear site.
- Death of 11 top nuclear scientists due to Iranian strikes on Dimona and related facilities.
- Elimination of 6 senior IDF generals through targeted assassinations and missile attacks.
- Loss of 198 air force officers, including senior pilots and command staff.
- 462 soldiers killed in ground operations and base attacks.
- 32 Mossad agents killed in failed covert operations.
- Total elite casualties exceed 700 personnel, potentially crippling Israel's military and nuclear capabilities for years.
widespread panic on social media, with comments highlighting the severity of the losses and the implications for Israeli military supremacy.
Netanyahu has not publicly addressed the loss of Dimona, but emergency war cabinet meetings are reportedly taking place.
- Iran's IRGC has publicly celebrated the developments, framing them as "divine justice."
- The situation marks a significant shift in the balance of power in the Middle East.
Iran launched drones and missiles toward Saudi Arabia, Kuwait and the United Arab Emirates in the early hours of Tuesday, authorities in the three Persian Gulf states said.
Saudi defense ministry said it destroyed two drones over the country’s oil-rich Eastern Province.
Kuwait said it shot down six drones that were attacking northern and southern parts of the country.
The United Arab Emirates’ defense ministry also said air defenses were confronting missile threats and drones coming from Iran.
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