Tehran has shortened its proposed timeline to reopen the vital Strait of Hormuz to two days, contingent upon sweeping U.S. concessions and the end of regional hostilities.

Qatar is playing an active role, Abbas Araghchi said.

Oil prices fell around 3% in early trading on Monday, with Brent crude dropping below $110 a barrel

Tehran confirms receipt of diplomatic correspondence from US Vice President JD Vance as regional mediators push for peace talks and the reopening of the Strait of Hormuz.

Senior defense and intelligence officials from the Mecca pact nations met with Iranian leadership in Tehran in a crucial diplomatic push to prevent a resurgence of regional conflict.

Senior officials from Saudi Arabia, Turkey, and Pakistan meet in Tehran to avert a wider Middle East war amid escalating regional tensions.

US President Donald Trump hints at renewing strikes against Iran following upcoming midterms, while Tehran maintains its defiant diplomatic stance.

Tehran reports seven oil tankers damaged or catching fire in the vital Strait of Hormuz amid mounting regional tensions and looming elections.