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Iran war: Oman diplomacy advances as Red Sea ship struck
World

Iran war: Oman diplomacy advances as Red Sea ship struck

Iran has described nuclear and ceasefire talks mediated by Oman as proceeding positively, with US officials saying a deal could be reachable soon, even as a ship was struck in the Red Sea and Russia-style regional pressure continues. The diplomatic window sits in sharp tension with the military reality: the US faces few clean exit options from a conflict Trump promised would end swiftly with Iran's surrender. Oil companies are meanwhile recording war-related profit windfalls, drawing sharp political scrutiny in the UK.

MarketUS x Iran Effective Ceasefire by...? (2 week pause)
US x Iran Effective Ceasefire by July 31?80% chance
Sources

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