00:00U.S. President Donald Trump's national security team is reviewing a new Iranian proposal to end
00:06the war and reopen the Strait of Hormuz. White House Press Secretary Carolyn Levitt says Trump
00:11will address the proposal very soon, adding that his red line on Iran obtaining a nuclear weapon
00:18remained unchanged. Efforts to revive talks have stalled after Trump cancelled a planned visit by
00:24his envoys to Pakistan. Iranian Foreign Minister Abbas Arachi, on the other hand, has been engaging
00:30in intense diplomacy, including visits to Pakistan, Oman and Russia, where he met President Vladimir
00:37Putin. Arachi says Tehran is considering a U.S. request to restart negotiations, signalling it may
00:43accept an interim deal to reopen the Strait in exchange for the U.S. lifting its blockade of
00:50Iranian ports. Meanwhile, dozens of countries have called for the urgent reopening of the Strait,
00:56with UN Chief Antonio Guterres warning the standoff could trigger a global food crisis.
01:03Oil prices have surged above $110 a barrel as markets await Washington's response to the proposal.
01:11At the same time, fighting continues in Lebanon, with Israel and Hezbollah still exchanging fire,
01:17despite a fragile ceasefire. As regional tensions remain high, Saudi Arabia is set to host an
01:24emergency meeting of the situation with Gulf leaders in Jeddah.
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