The White House said on Monday it was examining Iran’s latest proposal to unblock the Strait of Hormuz.
Oil prices rose over 2% following Trump’s cancellation of US-Iran peace talks, amid stalled negotiations and tensions.
Britain’s King Charles III begins a state visit to the United States despite a shooting at a dinner attended by President Donald Trump.
The United States has deployed a third aircraft carrier battle group to the Middle East as the crisis with Iran continues to disrupt energy markets.
The ceasefire between Israel and Lebanon will be extended for three weeks, US President Donald Trump announced.
By extending a ceasefire indefinitely with Iran, President Donald Trump appears to be searching for a way out of the war .
Tensions in the Middle East intensified as Iran seized two vessels in the Strait of Hormuz and the US blocked nearly $500 million in cash destined for Iraq.
A vessel in the Strait of Hormuz. The US has maintained its blockade of Iranian ports and the strategic waterway despite extending the ceasefire.
Oil prices dipped and stocks mostly edged higher on Tuesday as investors remained hopeful for a deal to end the Middle East war.
Iran insisted it has no plan to attend a new round of negotiations with the United States on Monday.