Gulf states working on multipart peace deal to avert renewal of US-Iran war

Talks are aimed at reopening strait of Hormuz and lifting sanctions on Iran, and for Houthis to withdraw in Yemen

A multipronged peace deal to reopen the strait of Hormuz within four days of sanctions being lifted and for the Houthis to withdraw substantial forces inside Yemen are at the heart of Gulf states’ plans to avert what they regard as a disastrous renewal of war between Iran and the US.

The US is aware of the talks’ progress but is holding out for a concession that European powers suggest could involve Iran allowing UN weapons inspectors back into the country.

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Middle East peace held back by US insistence that Iran is a threat, Oman’s foreign minister says

Badr Albusaidi calls for security pact involving Gulf states, Iraq and Iran with US no longer primary provider of security

The Middle East’s ability to solve its problems has been held back by America’s 50-year insistence that the Gulf states should view Iran as a security threat, Oman’s foreign minister said on Monday in a significant speech designed to break the deadlock over the region’s future.

Badr Albusaidi called for a non-aggression security pact involving all six Gulf states as well as Iran and Iraq. The US would in future no longer be the primary provider of security, he said.

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US and Israel are warned against launching fresh strikes on Iran

Multinational ‘anti-war bloc’ uses Istanbul summit to call for a diplomatic solution to Middle East crisis

Foreign ministers at a summit of eight European and Middle Eastern countries have urged the US and Israel not to renews their attacks on Iran, warning a fresh outbreak of fighting would spread conflict and push oil prices even higher.

The development of a new multinational “anti-war bloc” represents a challenge to the increasingly open plans by the US and Israel to relaunch strikes on Iran while talks on Tehran’s nuclear programme remain deadlocked.

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Some US diplomats told to leave Saudi Arabia amid Houthi attacks

Similar withdrawals from UAE, Jordan, Qatar and Bahrain reported as concerns grow about restart of war on Iran after US midterm elections

The US state department has ordered some diplomats and the families of US government employees to leave Saudi Arabia as the gulf kingdom faces a barrage of near-daily attacks, with at least three people killed at an airport and oilfield.

Attacks on “civilian airports and other critical infrastructure” by the Iranian-supported Houthis in Yemen were highlighted as the reason for the drawdown. The state department spokesperson, Tommy Pigott, said: “The safety and security of department personnel and their families remain our highest priority.”

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People scour strait of Hormuz for spilt cargo after Iran attacks container ships

At least 15 vessels struck in waterway in past 10 days, with rumours that they were carrying valuable goods

People have been scouring the strait of Hormuz for spilt cargo after Iran attacked at least 15 container ships passing through the crucial waterway in the past 10 days.

Some ships have been hit by drones, others by mines. On Sunday, a ship was struck by a rocket-propelled grenade launched from a small boat 75 miles (120km) north-east of the Saudi port of Jubail.

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Ofgem could force energy suppliers to pay rivals if they lure customers with cheaper deals

Regulator for Great Britain weighs up reintroducing market stabilisation charge to prevent firms going bust

Energy suppliers could be forced to pay a charge to rivals if they lure customers with cheaper deals, as the industry regulator for Great Britain attempts to prevent suppliers going bust this winter.

Ofgem has published a consultation on a proposal to reintroduce the market stabilisation charge (MSC), which aims to prevent suppliers failing if there is customer exodus, as it frets over the impact of sharp swings in energy prices linked to the conflict in the Middle East.

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Houthi missiles strike Yemen presidential palace, killing five

Attack was the first on Aden’s Al-Maashiq palace ⁠in the latest fighting between ​the Iran-aligned Houthis and Saudi Arabia

Yemen’s Houthis fired missiles at the presidential palace complex in the southern city of Aden on Thursday, killing five people, the government said, as the Saudi-led coalition listed dozens of Houthi attacks on Saudi infrastructure in ⁠recent weeks.

The attack was the first on Aden’s Al-Maashiq palace ⁠in the current conflict between ​the Iran-aligned Houthis and Saudi Arabia. The palace is the seat of Yemen’s Saudi-backed and internationally recognised government.

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USS Abraham Lincoln scheduled to dock in San Diego after harrowing stretch at sea

Deployment for nearly a year was marked by reports of supply shortages, and deteriorating morale and mental health among crew

The USS Abraham Lincoln, the US aircraft carrier that has been deployed for nearly a year and has spent months supporting US military operations against Iran, is scheduled to dock in San Diego on Thursday afternoon.

It marks the end of a deployment that has been described as “one of the most operationally intense and consequential of the modern era” and that became marked by a record-stretch at sea, repeated deployment extensions, and reports of supply shortages, and deteriorating morale and mental health among some crew members.

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Iran’s oil minister resigns as country’s economic crisis worsens

Departure comes amid large drop in oil receipts, rampant inflation and shrinking economy

Iran’s oil minister has resigned days after allegations that an intermediary trust selling Iranian oil abroad owed millions of dollars’ worth of export receipts to the state.

Mohsen Paknejad’s departure comes as Iran grapples with a dire economic situation, including inflation running at 85%. An overall drop in oil receipts has led to a massive shortfall in foreign exchange earnings and one of the biggest drops in the value of the rial since the Iranian revolution in 1979.

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Crude oil exports from strait of Hormuz largely return to pre-war levels

Alternative ways being used to move fuel out of Gulf region, but flows of refined products such as diesel still constrained

Exports of crude from the strait of Hormuz have largely returned to levels seen before the outbreak of the Iran war, as oil producers and the shipping industry have found alternative ways of transporting crucial fuel out of the Middle East.

Pipeline exports and ship-to-ship transfers are among the methods being used, according to analysts tracking the situation, while the US military continues to escort some vessels. However, flows of refined products such as diesel remain constrained, pushing prices higher.

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Questions remain over Iran’s link to alleged RAF Fairford bomb plot

Tehran has been trying to step up attacks on targets in the west but its track record has been mixed

Investigators may be some way from determining exactly what led five men with three vans to a village just outside RAF Fairford in the small hours of Sunday – but the fact they have all been released on bail without immediate charge suggests they are not deemed to pose a serious and violent threat.

In a moment where wider geopolitical tensions mean external threats are perceived to be close, the question of whether Iran had a hand in the alleged plot remains open. Nonetheless, the bailing of the men is a mercifully lower-key development in an investigation that appeared of the utmost gravity.

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UN ambassador Waltz says Iran was not negotiating ‘in good faith’ to end war

Waltz says Trump rejected Iran’s proposal to end war because they ‘were asking for everything up front’

The Trump administration’s ambassador to the United Nations said the US rejected Iran’s proposal to end the ongoing war there because Iranian negotiators “were asking for everything up front”.

Echoing comments by Donald Trump on Saturday, the president’s UN ambassador Mike Waltz told CNN’s State of the Union on Sunday that Iran had asked for relief “from billions and billions of sanctions that are going into place” as part of an economic blockade on Iran. The blockade is aimed at putting pressure on Iran to stop its attacks ‌on vessels in the strait of Hormuz.

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Trump rejects Iran’s seven-day peace deal to reopen strait of Hormuz

US president is said to expect renewed strikes after the midterms

Donald Trump has said he has rejected an Iranian proposal to reopen the strait of Hormuz within a week and resume nuclear talks in return for the lifting of the US naval blockade of Iranian ports.

“They made a proposal but I reject it,” the US president told reporters at the White House.

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Trump faces tough choices as Iran dangles deal to reopen Hormuz before US midterms

Iran’s seven-day timetable would restart nuclear talks, but will the US be willing to deliver on terms that include reining in Israel in Lebanon?

Iran’s seven-day timetable to reopen the strait of Hormuz and start talks on its nuclear programme has been pitched as a deal that could rapidly extricate Donald Trump from a political crisis but requires the US president to make difficult concessions.

In the five days left before the proposed reopening of the strait, which is expected to relieve pressure on global energy markets, Trump would need to lift Iranian asset freezes, permit Iran to export its oil and, probably most difficult of all, order Benjamin Netanyahu to end Israel’s attacks on Hezbollah in Lebanon, thus achieving the “ceasefire on all fronts”.

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Iran awaiting response from Trump on proposal to open strait of Hormuz in six days

Country says US must lift sanctions on its oil exports and end the war on all fronts, including in Lebanon

Iran said it has told Donald Trump it is willing to open the strait of Hormuz in six days, and to start talks on its nuclear program the day after, so long as the US lifts sanctions on Iran’s oil exports in return, ends the war on all fronts – including in Lebanon – and releases some of Iran’s frozen assets.

The proposal is designed to accelerate the steps first laid down in the memorandum of understanding signed by the US and Iran in June, particularly by helping the talks on Iran’s nuclear program start much more quickly than previously agreed.

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Diesel prices across Australia could surge beyond $3 a litre as Trump eyes cut to US fuel exports

Fuel costs have risen to levels not seen since early April, adding to risk of inflation and interest rate hike

Australian diesel prices could surge above $3 a litre if Donald Trump cuts off US diesel exports amid floundering negotiations with Iran.

Fuel costs have risen to levels not seen since early April, adding to inflation risks and making another hike in interest rates all but certain.

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Iran’s president hits out at ‘bully’ Trump in UN speech but signals willingness to talk

Masoud Pezeshkian says Tehran is ready for dialogue and diplomacy ‘but without the language of force’

Iran’s president, Masoud Pezeshkian, turned the tables on Donald Trump, describing the US as the true bully and terrorist in the Middle East while insisting that Iran had always shown a commitment to the negotiating table.

In a defiant speech to the UN general assembly in New York, his first since the US and Israel launched an all-out war on Iran, Pezeshkian repeatedly vowed that Tehran would never bend the knee to the US.

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Iran denies dropping preconditions amid ‘very productive’ three-hour UN talks in New York

Trump says further talks possible as barrel of Brent crude falls to below $100 for first time in two weeks

Iran has pushed back on claims that it dropped former preconditions for reopening the strait of Hormuz in surprise talks held in New York under the mediation of Qatar between Tehran’s foreign minister, Abbas Araghchi, and Donald Trump’s envoys Steve Witkoff and Jared Kushner.

Trump said the three-hour talks held in a room at the UN headquarters had gone very well and been very productive. He suggested further talks were possible imminently, which led to the price of a barrel of Brent crude to fall to below $100 (£75) for the first time in two weeks. Witkoff said the talks had been “encouraging, constructive and successful”.

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Iran and US have held talks on sidelines of UN summit, says Donald Trump

Senior Iranian official indicates willingness to reopen strait of Hormuz if US takes steps to ease pressure on Tehran

Iranian officials held three hours of talks with US special envoy Steve Witkoff on the sidelines of the UN general assembly, Donald Trump disclosed on Tuesday.

He said there would a further meeting in the very near future.

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Trump’s threat to annihilate Iran to UN general assembly is stunning, even for him

US president may have upstaged the ghost of Soviet leader Khrushchev by musing destruction of fellow member state

Donald Trump has a habit of discomfiting delegates to the United Nations general assembly. But this year, he may have upstaged the ghost of Nikita Khrushchev by openly contemplating the annihilation of a fellow UN member state.

Eleven minutes into a 40-minute address, the US president announced he had “a big decision to make” over Iran, which has staged a much more determined resistance than Trump anticipated when he decided to go to war against the country in February.

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