Tensions escalate as President Trump threatens renewed military action unless a deal is reached, while Iranian officials warn of devastating retaliation and the Islamic Revolutionary Guard Corps signals the war could widen beyond the Middle East if attacked again.

Iran’s top negotiator and the Revolutionary Guards insist Iran will not bow to intimidation and urge preparedness for a strong response, even as Gulf regional players push for diplomacy to prevent escalation.

Negotiations over the Strait of Hormuz continue with partial ceasefires and blockades affecting global oil supplies, price movements, and market volatility.

Broader regional developments include drone incursions, the interception of a Gaza flotilla, and international reactions to the Barakah nuclear plant drone incident in the UAE.

France pledges 710 million euros in aid to address fuel price pressures amid the Middle East crisis.

A South Korean oil tanker carrying 2 million barrels transits the Strait of Hormuz under Iranian coordination, marking the first Korea-managed passage since the conflict escalated, with oil prices retreating on optimism about talks.

Two-million-barrel shipments through Hormuz are confirmed as the first such transit under Iranian coordination since the current US-Israel conflict began.

G7 finance ministers emphasize openness to reopening the Strait of Hormuz and call for multilateral cooperation to stabilize the global economy amid the war.

The U.S. imposes sanctions on nine Hezbollah-linked individuals and entities, targeting security officials and media-related figures.

A NATO-led presence in the Strait of Hormuz remains unconfirmed, with leaders considering coalition security efforts and several countries deploying ships to the region.

China and Russia urge a comprehensive ceasefire and negotiations, highlighting energy security and Moscow’s readiness to aid talks between the U.S. and Iran.

Peace talks to end the Iran war show little progress, with stalemates over uranium stockpiles and control of the Strait, and a tenuous ceasefire amid reduced shipping activity.