US Iran War LIVE: Iran said on Wednesday that it was reviewing a U.S. peace proposal which, according to a report by Reuters citing, sources, would formally end the war but leave unresolved Washington’s key demands for Tehran to halt its nuclear program and reopen the Strait of Hormuz,
US Iran War LIVE: What happened in the last few hours?
- An Iranian foreign ministry spokesperson cited by Iran’s ISNA news agency said Tehran would convey its response. U.S. President Donald Trump said he believed Iran wanted an agreement, Reuters reported.
- “They want to make a deal. We’ve had very good talks over the last 24 hours, and it’s very possible that we’ll make a deal,” Trump told reporters in the Oval Office on Wednesday.
- Earlier in the day, Trump had sounded more pessimistic about the chances of a deal. In a Truth Social post, he threatened to restart the U.S. bombing campaign in Iran, calling the possibility of Tehran agreeing to the latest U.S. proposal a “big assumption.”
- Reports of a potential agreement sent global oil prices sharply lower, with benchmark Brent crude futures plunging about 11% to two-week lows near $98 a barrel before rebounding above $100, Reuters reported.
- Global equities also surged while bond yields declined amid hopes that the war, which has disrupted energy supplies, could soon come to an end.
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Iran War LIVE: US stocks break records, oil tumbles
World oil prices dove Wednesday and US stock markets rallied on fresh hopes for an end to the war in the Middle East, as Trump said a deal with Iran was “very possible”.
The S&P 500 and Nasdaq, two of the major US stock indices, finished at records for the second consecutive day, while international oil benchmark Brent North Sea finished down 7.8 percent at $101.27 a barrel.
US Iran War LIVE: Trump says Iran deal ‘very possible’
US President Donald Trump said Wednesday that a deal with Iran to end the Middle East war was “very possible” following “very good talks” over the past day.
“We’ve had very good talks over the last 24 hours, and it’s very possible that we’ll make a deal,” Trump told reporters in the Oval Office.
US Iran War LIVE: Tehran reviewing proposal to end war; Trump says, ‘very possible we will make a deal’
An Iranian foreign ministry spokesperson cited by Iran’s ISNA news agency said Tehran would convey its response. U.S. President Donald Trump said he believed Iran wanted an agreement, Reuters reported.
About the Author
Mausam Jha is a journalist who focuses on world affairs and politics. She provides clear, informative reporting with a good understanding of both global events and their local impact.
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Her clear, accessible reporting on political and international issues makes her a trusted source of news and analysis.
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For the past three years, Mausam has worked with Mint, covering national politics, IR—including elections—and global affairs.<br>
Before joining her current role, she gained experience working with The Statesman, ANI, and Financial Express, where she honed her skills in political and international news.
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She has consistently tracked key electoral battles, including US elections, Japan elections, policy debates, and strategic affairs, explaining how global currents, from great power competition to regional conflicts
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Beyond journalism, Mausam has a deep engagement with international relations, diplomacy, war studies, terrorism, political history, and political theory. She is particularly interested in the intersection of statecraft and society on how governance, ideology, and institutions shape lived realities, and how politics shape today’s world order.
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An avid reader of classical literature and political thought, she constantly explores the connections between historical ideas and contemporary policy challenges.
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