US Iran war highlights: Trump notes ‘positive development’ in Iran talks, says ‘good chance’ of nuclear deal

US Iran war news LIVE: Even though US President Donald Trump delayed the strikes against Iran following request from the premiers of Saudi Arabia and the UAE, the Republican leader is expected to meet his top national security team in the Situation Room on Tuesday, Axios reported.

US Iran war news LIVE: Oil prices reduced after US President Donald Trump called off planned strikes on Iran following an appeal by his Gulf allies.

West Texas Intermediate for July dropped below $103 a barrel, after rising 3.3% on Monday, while Brent closed above $112.

US Iran war news LIVE: US President Donald Trump on Monday said that there was a "very good chance" the US could reach an agreement with Iran to prevent Tehran from achieving its nuclear weapons' goal.

"There seems to be a very good chance that they can work something out. If we can do that without bombing the hell out of them, I would be very happy," Trump told reporters.

US Iran war news LIVE: US President Donald Trump said on Monday that there was a "very positive development" in talks with Iran, which allegedly convinced him to postpone a planned military attack on the Islamic Republic.

"It's a very positive development, but we'll see whether or not it amounts to anything," Trump said during a White House event.

He said allies in the Middle East told him "they are getting very close to making a deal" that would leave Iran without nuclear weapons.

US Iran war news LIVE: Traffic through the Strait of Hormuz was reportedly slightly higher last week, returning to levels in line with the average recorded since the beginning of the conflict in the Middle East.

Between May 11 and 17, a total of 55 commodity vessels crossed the strategic waterway, according to data from Kpler, marking a significant increase from the previous week, when just 19 vessels passed through the Strait, AFP reported.

US Iran war news LIVE: Global stock markets were mixed Monday and oil prices rose while investors digested shifting developments in the Middle East as US President Donald Trump said he postponed a planned attack on Iran at the request of Gulf leaders.

Oil prices had briefly turned lower following an Iranian media report that said American officials had agreed to suspend sanctions against its crude while talks on ending the war continue.

But with no confirmation of the report, as well as Iranian statements on taxing travel through the strait, oil prices quickly began rising again.

US equity indices gyrated between positive and negative territory, ending the day mixed.

US Iran war news LIVE: The Iranian foreign ministry said on Monday that Tehran is working with Oman to establish a new mechanism for managing the strategic Strait of Hormuz amid the ongoing tensions over the waterway's control.

Iranian foreign ministry spokesman Esmail Baghaei, at a press conference, said, "The Strait of Hormuz is an important waterway for the entire world, and we have always worked to protect safe traffic through this route."

"We continue to strive to ensure that traffic through the Strait of Hormuz is carried out in complete safety. Iran and Oman consider themselves obligated to fulfil their responsibilities in this regard," he added.

US Iran war news LIVE: While saying that he is holding off the planned attacks on Iran at the request of Saudi Arabia and the UAE, US President Donald Trump said that a deal will be made between Tehran and Washington, and it will include "no nuclear weapons for Iran".

US Iran war news LIVE: US President Donald Trump on Monday said that he is holding off the planned attacks on Iran, which was scheduled to resume tomorrow, as serious talks were now taking place between Tehran and Washington.

“I have been asked by the Emir of Qatar, Tamim bin Hamad Al Thani, the Crown Prince of Saudi Arabia, Mohammed bin Salman Al Saud, and the President of the United Arab Emirates, Mohamed bin Zayed Al Nahyan, to hold off on our planned Military attack of the Islamic Republic of Iran, which was scheduled for tomorrow, in that serious negotiations are now taking place, and that, in their opinion, as Great Leaders and Allies, a Deal will be made, which will be very acceptable to the United States of America, as well as all Countries in the Middle East, and beyond. This Deal will include, importantly, NO NUCLEAR WEAPONS FOR IRAN! Based on my respect for the above mentioned Leaders, I have instructed Secretary of War, Pete Hegseth, The Chairman of The Joint Chiefs of Staff, General Daniel Caine, and The United States Military, that we will NOT be doing the scheduled attack of Iran tomorrow, but have further instructed them to be prepared to go forward with a full, large scale assault of Iran, on a moment’s notice, in the event that an acceptable Deal is not reached,” Trump wrote in a post on Truth Social.

US Iran war news LIVE: Iran's latest proposal to end the war to the US is not a meaningful improvement and is insufficient for a deal, the White House believes, Axios reported, citing a senior US official and source briefed on the matter.

US President Donald Trump is expected to meet his top national security team in the Situation Room on Tuesday to discuss military options against Iran, the report said.

US Iran news LIVE: Iran to discuss nuclear issue at later stage, says senior Iranian source, Reuters reported.

The United States has shown flexibility in ongoing discussions with Iran, including on potential limits to Tehran’s nuclear activities as negotiations continue.

Iran’s revised proposal calls for permanent end to war, sanctions relief and reopening of Strait of Hormuz.

US Iran news LIVE: US President Donald Trump on Monday sharply criticised several American media outlets over their coverage of the war with Iran, accusing them of distorting Tehran’s military position amid the escalating conflict.

In a post on Truth Social, Trump targeted The New York Times, The Wall Street Journal and CNN, claiming the media would portray Iran as victorious even in the event of a complete surrender.

He also lashed out at Democrats and what he called the “Fake News Media,” adding: “The Dumacrats and Media have totally lost their way. They have gone absolutely CRAZY!!!”

US Iran news LIVE: The Strait of Hormuz remains effectively shut to commercial shipping, with maritime traffic dropping sharply and movements largely limited to Iran-linked vessels.

Shipping data compiled by Bloomberg showed daily transits fell from around 11 on Saturday to eight on Sunday.

The only notable non-Iranian movements included an empty South Korean-linked supertanker, Aram - also known as Cameroon Prosperity - entering the strait, and the outbound LPG carrier Al Barrah, managed by Saudi Arabia’s Sabic.

US Iran news LIVE: Iran Guards threaten to impose permits on internet cables passing through Hormuz.

US Iran news LIVE: Iraq has said it was investigating the circumstances around a drones attack that Saudi Arabia said was launched from Iraqi territory on Sunday. Iraq's Foreign Ministry also said in its statement that Iraqi air defences had not detected any drones being launched in the country's airspace, Reuters reported.

US Iran news LIVE: Gold prices rose on Monday as a weaker US dollar and lower crude oil prices eased inflation concerns, although gains were capped by higher bond yields as investors tracked developments in the Middle East conflict.

Spot gold was up 0.7% at $4,567.49 per ounce by 09:30 a.m. ET (1330 GMT), after earlier touching its lowest level since March 30. U.S. gold futures for June delivery gained 0.2% to $4,572.40.

The dollar weakened against most major currencies, making dollar-priced bullion cheaper for holders of other currencies.

US Iran news LIVE: Washington has so far agreed to unfreeze only 25% of Iran’s funds under a phased timetable, while Tehran has demanded a complete lifting of restrictions on its frozen assets.

US Iran news LIVE: Iran to discuss nuclear issue at later stage, says senior Iranian source, Reuters reported.

The United States has shown flexibility in ongoing discussions with Iran, including on potential limits to Tehran’s nuclear activities as negotiations continue.

Iran’s revised proposal calls for permanent end to war, sanctions relief and reopening of Strait of Hormuz.

US Iran news LIVE: Pakistan has shared with the United States a revised Iranian proposal aimed at ending the Middle East war, a Pakistani source told Reuters on Monday, warning that the two sides “don’t have much time” to bridge their differences.

Iranian Foreign Ministry spokesperson Esmaeil Baghaei later confirmed that Tehran’s views had been “conveyed to the American side through Pakistan” but did not provide further details.

US Iran news LIVE: Lebanese President Joseph Aoun on Monday said he would do the “impossible” to stop the war with Israel after a ceasefire and direct talks between the two sides failed to halt the fighting.

His remarks came as the Israeli military carried out a series of strikes in southern Lebanon, while Hezbollah said it had targeted a military site in northern Israel.

Despite a ceasefire that came into effect on April 17, Israel has continued strikes, demolitions and evacuation orders in south Lebanon, saying it is targeting the Iran-backed Hezbollah group.

Hezbollah has also continued attacks against Israeli forces in southern Lebanon and northern Israel.

US Iran news LIVE: Iran’s Revolutionary Guards said they carried out strikes against groups allegedly linked to the United States and Israel in the country’s western Kurdistan province.

US Iran news LIVE: The Israeli military on Monday intercepted boats off the coast of Cyprus as part of the latest flotilla effort aimed at breaking Israel’s naval blockade of Gaza.

More than 50 vessels had departed from the Turkish port of Marmaris last week in what organisers from the Global Sumud Flotilla called the final stage of their planned journey to Gaza.

A livestream by the organisation showed activists aboard several boats wearing life jackets and raising their hands before Israeli troops approached in a separate vessel.

Soldiers in tactical gear then boarded one of the boats, after which the livestream was cut off. Several of the vessels remain off the coast of Cyprus.

US Iran news LIVE: Pakistan has deployed around 8,000 troops, a squadron of fighter jets and an air defence system to Saudi Arabia under a mutual defence agreement, significantly deepening military cooperation with Riyadh even as Islamabad continues to act as a key mediator in the Iran conflict.

The deployment - the full scale of which has been reported for the first time - was confirmed by three security officials and two government sources, who described it as a substantial combat-ready force intended to assist Saudi Arabia if the kingdom faces further attacks.

Pakistan’s military and foreign office, along with Saudi Arabia’s government media office, did not respond to requests for comment on the reported deployment.

US Iran news LIVE: Pakistan has shared a revised proposal from Iran with the United States aimed at ending the ongoing conflict in the Middle East, Reuters reported.

"We don't have much time," the source said, adding that both sides “keep changing their goalposts” when asked whether narrowing differences would take longer.

Iranian Foreign Ministry spokesperson Esmaeil Baghaei also confirmed that Tehran’s position had been communicated to Washington through Pakistan, which is acting as a mediator in the talks.