Iran US News Live updates : Oil prices fall as markets look to Tehran truce, but remain wary of attacks on oil facilities
A photo of the late Qasem Soleimani is displayed as chairs for delegates from Iran are unoccupied while Israeli Prime Minister Benjamin Netanyahu speaks during the 81st session of the United Nations General Assembly at United Nations headquarters. (Photo: AP)
The diplomatic and military standoff between Iran, Israel, the United States and the wider Gulf region continues to shift, with mixed signals of both escalation risk and a possible path back to negotiations. Speeches at the UN General Assembly this week captured the divide, even as backchannel talks reportedly continue.
Iran’s position: President Masoud Pezeshkian has struck a notably conciliatory tone in US media appearances, saying Tehran would like to restore the June ceasefire understanding with Washington before America’s November midterm elections, and stating plainly that it is now up to the US to decide whether the conflict ends. Iranian officials are also said to be discussing a phased deal that would see the Strait of Hormuz reopened in return for Washington easing its economic blockade. Not all voices in Tehran are as emollient, however: a senior military adviser to the Supreme Leader has warned that any renewed US strikes could see the conflict spread to the Red Sea, the Bab el-Mandeb strait, or even the Indian Ocean.
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Netanyahu used his UN address to tell Iranians that popular power would ultimately prevail over the regime, framing this as a prediction of political change in Iran, while thanking President Trump for US support and claiming Israel had “crushed” Iran’s military capability a speech that drew protests outside the UN building. Meanwhile the UAE has suspended all Iranian airline flights over US sanctions, Houthi forces reportedly seized part of the Bab al-Mandeb strait and fired missiles at Saudi cities (intercepted by the anti-Houthi coalition), and Qatar has accused Netanyahu of using repeated attacks to distract from his domestic political troubles.
Key world developments:
- Pezeshkian says ending the war is now America’s choice, not Iran’s.
- Iran wants the June ceasefire understanding revived before the US midterms in November.
- A Hormuz reopening for sanctions relief is reportedly being discussed by negotiators.
- Netanyahu predicts internal Iranian political change while claiming military victory.
- UAE has suspended Iranian airline flights; Houthi-Saudi missile exchanges continue in the Red Sea.
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