US-Iran war LIVE: UAE pauses Iran trade after missiles fired; report says Trump threatened to bomb Oman

US-Iran war LIVE: Oil prices rose for a fourth straight session, with Brent crude futures gaining 26 cents, or 0.29 per cent, to $91.28 a barrel at 00:04 GMT.

US West Texas Intermediate (WTI) crude futures also moved higher, adding 37 cents to reach $85.31 a barrel.

Growing doubts over a possible peace deal between the US and Iran have increased concerns about disruptions to oil supplies.

US-Iran war LIVE: As US President Donald Trump continued to claim control over the Strait of Hormuz, Iran responded to an AI-generated image he shared, depicting the strategic waterway as "NEW US Territory".

Tehran warned that the US President's claims would be “corrected” while describing them as delusions.

Iranian deputy foreign minister Kazem Gharibabadi shared the image in a post on X on Tuesday and called Trump a "deluded man".

"Just as Trump correctly wrote the name of the eternal Persian Gulf, soon his delusion regarding the Strait of Hormuz will either be corrected or we will correct the delusions of this deluded man," Gharibabadi said in a post on X.

US-Iran war LIVE: US President Donald Trump on Tuesday shared a map that depicted the Strait of Hormuz as part of new American territory, taking another swipe at Tehran.

Notably, Trump has continued to push his threat to take control of the key energy route as the Iran war, now nearing six months, continues with no clear end in sight.

US-Iran war LIVE: Iran chief negotiator Mohammad Bagher Ghalibaf slammed senior US officials over Washington's approach to talks with Tehran, claiming that the US believes stronger economic or military pressure would push Iran to agree to concessions beyond the current deal.

In a post on X, Ghalibaf targeted US treasury secretary Scott Bessent and US secretary of war Pete Hegseth, saying both were "way out of their league" in trying to pressure the Islamic Republic through economic and military means.

He said such measures would not persuade Tehran to accept any further concessions.

US-Iran war LIVE: US President Donald Trump threatened to bomb Oman over its efforts to reach an agreement with Iran on managing shipping through the Strait of Hormuz, two regional officials told Associated Press on Tuesday, a day after the threat was made.

According to the report, the Trump administration has told Oman that it objects to certain provisions of the deal, which has not yet been announced. These include a proposal for Iran and Oman to jointly oversee the route used by ships leaving the strategically important passage, which is vital to global oil and natural gas supplies.

The officials were reportedly briefed on the US administration's position and its concerns over Oman's stance.

US-Iran war LIVE: Iranian foreign ministry spokesperson Esmaeil Baghaei rejected the UAE's claim early on Wednesday that Tehran was responsible for the missile launches reported a day earlier.

In a statement, he said the UAE's "accusations" were "baseless".

Baghaei "categorically rejected the United Arab Emirates' claim that Iran had launched a missile toward that country", calling it harmful to regional trust and security efforts.

US-Iran war LIVE: The United Arab Emirates said on Tuesday that it had suspended all trade and financial dealings with Iran after accusing Tehran of launching two ballistic missiles towards shipping in the Gulf.

On Monday, the UAE’s defence ministry issued a warning over a missile threat to its territory for the first time in months.

"UAE air defenses detected two ballistic missiles launched from Iran toward the country, with the first falling outside the country's territorial waters, while the second fell within the territorial waters," the ministry said, in a statement posted to social media.