US president Donald Trump, meanwhile, says that all mines have been cleared from the waterway's international waters and that Tehran has received warnings that any ships laying new mines will be “destroyed”.

US president Donald Trump, meanwhile, says he views the Strait of Hormuz as 'an American territory' and Iran 'cannot be allowed to have a nuclear weapon'.

Tehran dismissed Washington’s latest pressure campaign as a diversion from US economic troubles as shipping through Hormuz remained severely restricted.

Iranian Foreign Minister Abbas Araghchi said Iran was seeking an end to the war and rejected the idea of a temporary ceasefire becoming a recurring pattern. He also said Iran had prioritized relations with neighboring countries under President Masoud Pezeshkian.

The US president says Iran will not make the deal he considers necessary, while Washington declines to extend the expired interim agreement. Trump has also threatened to bomb Oman if Muscat finalizes a deal with Iran on Hormuz.

Trump said negotiations with Iran were underway despite Tehran's denials and described the current moment as a "last chance before decapitation". He said he had agreed to continue pursuing talks at the request of Gulf nations.

Trump said his decision was shaped by appeals from Gulf allies, particularly Saudi Arabia, Qatar and the United Arab Emirates, as well as requests conveyed by unnamed Iranian officials.

Meanwhile, eight Palestinians, including two children, were killed in overnight Israeli strikes in Gaza. The killings came despite Trump's announcement of a breakthrough in Hamas disarmament and Israeli withdrawal.

One Hamas official said mediators and the newly proposed Board of Peace were now expected to ensure Israel implemented the terms of the agreement. Israel would play no role in disarming the group.

Iran responded by warning the United States against targeting its commercial shipping and oil tankers, saying any such move would widen the conflict.

Iranian foreign ministry, meanwhile, says progress has been made in the talks held over the weekend between Tehran and Oman over the management of the Strait of Hormuz.

The Houthis said on Telegram that a "Yemeni missile strike" had sparked fires in Jizan. Saudi authorities did not immediately confirm the claim, although the kingdom's civil defence agency issued alerts for residents in Jizan and Yanbu.

The new tariffs, ranging from 10 percent to 12.5 percent, will take effect as temporary 10 percent worldwide tariffs imposed under Section 122 of the Trade Act of 1974 expire.

Trump also said the United States would begin using frozen Iranian funds under US control to pay for damage to ships, cargo and related assets caused by attacks in and around the Gulf.

Foreign minister Abbas Araghchi says compliance with the US-Iran memorandum of understanding must be mutual. Tehran denies seeking new talks with Washington, but says it will accept a Qatari mediation visit.

Technical negotiations continue over shipping, sanctions and ceasefire implementation as mediators work to translate the June accord into practice.

The developments came ahead of technical talks between U.S. and Iranian officials expected in Switzerland as both sides seek to implement a fragile accord announced earlier this week aimed at ending the regional conflict.

Vance said that if he were serving in Israel's cabinet, he would not be "attacking the only powerful ally that I have anywhere left in the entire world." He also noted that much of Israel's defensive arsenal had been "built by American hands and paid for by American tax dollars."

The accord, signed electronically by both leaders, is intended to serve as a framework for a broader settlement rather than a final agreement, with both sides expected to hold technical talks in the coming weeks.

The content of the agreement, which follows weeks of fraught negotiations and periodic threats from Trump of fresh hostilities unless Iran reached a deal, remained unclear.

Mediators voiced growing optimism that weeks of negotiations were nearing completion, while competing narratives from Washington and Tehran underscored lingering disagreements.

Speaking at an Oval Office event, Trump said Washington had achieved a "great settlement" and expressed confidence that an agreement extending the fragile ceasefire established in April could be finalized within days.

Trump also told aides he would not resume all-out war with Iran unless Tehran killed U.S. troops, while U.S. Central Command denied an Iranian claim that it had targeted a U.S. military vessel in the Gulf of Oman.

The measure establishes a new cybersecurity clearinghouse involving federal agencies and industry partners, reflecting growing concerns about advanced AI systems' potential to expose critical software vulnerabilities.

Beirut was bracing for a possible Israeli bombardment on Monday after Israel announced plans to strike the city's southern suburbs, raising fears that the fragile cease-fire between Israel and Hezbollah could unravel.

Israeli and US officials had initially viewed former Iranian president Mahmoud Ahmadinejad as a potential figure to lead Iran following the outbreak of war, according to a report by The New York Times.

Iran, which said its proposals presented to Washington included sanctions relief, the release of frozen funds, warned it would “open new fronts” against the United States if attacks resumed.

Pakistan is continuing to play a behind-the-scenes diplomatic role between the United States and Iran as tensions remain high over the ongoing conflict and negotiations.

US President Donald Trump said Chinese President Xi Jinping wants the Strait of Hormuz reopened, following talks between the two leaders in Beijing that focused heavily on the Iran conflict and disruptions to global energy supplies.

The Pentagon on Tuesday revised the estimated cost of the war on Iran to nearly $29 billion, roughly $4 billion higher than the figure presented two weeks ago during Defense Secretary Pete Hegseth’s earlier testimony before Congress.

Shipping disruptions, sanctions and worsening humanitarian fears deepen global anxiety as Washington rejects Tehran’s latest peace proposal over nuclear concessions.

The United States on Friday announced a fresh round of sanctions targeting people and companies in China, Hong Kong, Belarus, and the United Arab Emirates for allegedly helping Iran acquire supplies and military equipment for its missile and drone programs.

Iran has put forward a fresh 14-point proposal to the United States, calling for a resolution of tensions within 30 days and a complete end to the ongoing conflict in West Asia, according to state-linked media reports.

Mohammad Jafar Asadi's remarks came after Trump's assertion that he was dissatisfied with Iran’s latest offer, delivered through Pakistani mediators. Trump said he preferred a negotiated settlement but made clear military action remained an option.

US President Donald Trump has told Congress that he does not need authorisation for military action against Iran, arguing that hostilities have effectively ended.

US President Donald Trump has claimed that Iran is in a “state of collapse” and said Tehran has approached Washington seeking relief from the US blockade on Iranian ports.

The exchange came as regional tensions remained high and Iran intensified diplomatic efforts to secure a broader halt to hostilities, dispatching Foreign Minister Abbas Araghchi to Pakistan and preparing for talks in Moscow.

The truce, brokered by the United States, is intended to halt cross-border fighting between Israeli forces and Hezbollah. Scenes of relief emerged across parts of Lebanon as the ceasefire took effect. Local reports said celebrations broke out in some areas, while displaced civilians began preparing to return to their homes...

Iran has conveyed a fresh proposal to the United States through Pakistani intermediaries, seeking an agreement to reopen the Strait of Hormuz and bring the ongoing war to an end, according to an Axios report.

More than 3,000 rallies were held across all 50 states, with participation estimates ranging from several million to as many as eight million people, reports said.

With airspace across parts of the Middle East locked down and thousands of flights cancelled or delayed, King Khalid International Airport remains one of the few major hubs still operating.

Negotiations between Tehran and Beijing began at least two years ago but gained momentum after a 12-day conflict between Israel and Iran in June, a Reuters report said.

Indirect talks in Geneva have yielded what officials call “guiding principles” for a possible agreement, but the framework remains skeletal and major gaps still separate US demands from Iran’s red lines.

Speaking in Washington before representatives from nearly 50 countries, Trump said nine member states had committed more than $7 billion toward a relief package for the war-battered Gaza Strip.

In interviews with Israeli media, Trump warned of consequences if negotiations fail. “Either we reach a deal or we'll have to do something very tough,” Israel's Channel 12 quoted him as saying.

Iran and the US resumed indirect nuclear talks on Monday in Muscat under Omani mediation, marking the first round of diplomacy in nearly eight months.

The discussions took place in Muscat, with the US delegation led by special envoy Steve Witkoff and the Iranian side headed by Foreign Minister Abbas Araghchi.

Iran's supreme leader on Sunday likened recent anti-government protests to a "coup", warning that any US attack on the Islamic republic following Washington's military deployments in the Middle East would trigger a regional war.

Gold and silver prices dived Friday, European stock markets ended the week up while Wall Street fell slightly with investors reassured by US President Donald Trump's pick to take over as head of the Federal Reserve.

In his latest post on Truth Social, Trump did not mention the protests but said Iran needed to negotiate a deal over its nuclear programme, which the West believes is aimed at making an atomic bomb.