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Iran’s foreign minister arrives in Pakistan, Trump expects offer satisfying US demands

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Iranian Foreign Minister Abbas Araqchi arrived in the Pakistani capital Islamabad on Friday to discuss proposals ​for restarting peace talks with the U.S., offering some hope for an end to the eight-week war that has killed thousands and sown turmoil in global markets.

U.S. President Donald Trump told Reuters on Friday that Iran ‌plans to make an offer aimed at satisfying U.S. demands, but said he did not yet know what the offer entailed.

When asked who the U.S. was negotiating with, Trump said: “I don’t want to say that, but we’re dealing with the people that are in charge now.”

But Iran’s foreign ministry spokesperson said on X that Iranian officials did not plan to meet with U.S. representatives, even though U.S. special envoys Steve Witkoff and Jared Kushner planned to travel to Islamabad. Iran’s concerns would be conveyed to Pakistan, the spokesperson said.

After a U.S. bombing campaign and ​Iran’s blocking of the strategic Strait of Hormuz, the two countries are at a costly impasse, with Iran’s oil exports blocked and U.S. gasoline prices at multi-year highs.

Speaking before the Iranian foreign ministry’s statement, White House press ​secretary Karoline Leavitt said Witkoff and Kushner would leave for Pakistan on Saturday morning for talks with Araqchi.

Leavitt struck an upbeat tone, saying the U.S. had seen some progress from ⁠the Iranian side in recent days and hoped more would come this weekend.

She added that U.S. Vice President JD Vance, who earlier this month led a first round of unsuccessful talks with Iran to end their war, is ready to travel to ​Pakistan as well.

The White House did not immediately respond to a request for comment on the Iranian statement.

Pakistani sources said earlier that a U.S. logistics and security team was already in place in Islamabad for potential talks.

Pakistan’s foreign ministry confirmed Araqchi’s ​arrival in Islamabad, where a heavy military and paramilitary presence was visible across the central parts of the city.

Araqchi went straight into a meeting with Pakistani Foreign Minister Ishaq Dar at the Serena Hotel, where the first round of talks with the U.S. was held, two government sources said.

Qatar’s Emir Sheikh Tamim bin Hamad Al Thani pledged his country’s support for mediation efforts by Pakistan in a phone call with Trump, Qatar’s state news agency reported.

Araqchi wrote on X that he was visiting Pakistan, Oman and Russia to coordinate with partners on bilateral matters ​and consult on regional developments. The tour will include consultations on the latest efforts to end the war, Iran’s Foreign Ministry spokesperson later told state media.

U.S. Defense Secretary Pete Hegseth told a briefing earlier on Friday that Iran had a chance ​to make a “good deal” with the United States.

“Iran knows that they still have an open window to choose wisely,” he said. “All they have to do is abandon a nuclear weapon in meaningful and verifiable ways.”

The last round of peace talks had been expected to resume ‌on Tuesday but ⁠never took place, with Iran saying it was not yet ready to commit to attending and a U.S. delegation led by Vance never leaving Washington.

Trump unilaterally extended a two-week ceasefire on Tuesday to allow more time to reconvene the negotiators.

Oil prices remained volatile on Friday, as traders weighed potential disruption from the worst oil shock in history amid the prospect for further talks.

Brent crude futures settled at $105.33 a barrel, about 0.3% higher, while U.S. West Texas Intermediate futures were down 1% at $94.88.

HEZBOLLAH DISMISSES LEBANON CEASEFIRE EXTENSION

On Thursday, Israel and Lebanon extended a separate ceasefire for three weeks at a White House meeting brokered by Trump.

The war in Lebanon, which Israel invaded last month to root out Iran’s Hezbollah allies after the militant group fired across the border, ​has run in parallel with the wider Iran war, ​and Tehran says a ceasefire there is a precondition ⁠for talks.

There was little sign of an end to the fighting in southern Lebanon. Lebanese authorities reported two people were killed by an Israeli strike and Hezbollah downed an Israeli drone.

While the ceasefire that came into force on April 16 has led to a significant reduction in hostilities, Israel and Hezbollah have continued to trade blows in southern Lebanon, where Israel has ​kept soldiers in a self-declared “buffer zone.”

“It is essential to point out that the ceasefire is meaningless in light of Israel’s insistence on hostile acts, including assassinations, shelling, and gunfire” ​and its demolition of villages and ⁠towns in southern Lebanon, Hezbollah lawmaker Ali Fayyad said in response to the extension of the ceasefire.

Israel’s military said it had killed six armed Hezbollah members in southern Lebanon on Friday.

STRAIT OF HORMUZ BLOCKADE

Trump on Thursday said he wanted an “everlasting” agreement with Iran, while asserting the U.S. had an upper hand in the standoff in the Strait of Hormuz, the world’s most important energy shipping route.

The U.S. has yet to find a way to open the strait, where Iran has blocked nearly all ships apart from its own ⁠since the start ​of the war eight weeks ago. Iran showed off its control this week by seizing two huge cargo vessels there.

Trump imposed a separate blockade ​of Iranian shipping last week. Iran says it will not reopen the strait until Trump lifts his blockade.

Only five ships crossed the strait in the last 24 hours, shipping data showed on Friday, compared to around 130 a day before the war. Those included one Iranian oil products tanker, but none ​of the vast crude-carrying supertankers that normally feed global energy markets.

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Gulf states call off meeting with Iran, Houthis launch new attack on Saudi

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Arab states in the Gulf called off a meeting with Iran planned for Monday, while Yemen’s Houthis launched a new attack on Saudi Arabia after fighting that has extended the Middle East war ​to another theatre and further jeopardised global oil supplies.

The Iran-aligned Houthis in Yemen said they fired dozens of missiles and drones on Monday at a Saudi military ‌airbase in Khamis Mushait, near the border, hitting aircraft hangars, radar systems, runways and ammunition depots. They described the attack as retaliation for hundreds of Saudi airstrikes on Yemen in recent days, Reuters reported.

Saudi authorities announced brief emergency alerts there and in three other southern cities which have previously come under Houthi fire.

The Houthis launched a lightning advance last week in Yemen, culminating in the seizure of an island in the mouth of the Red Sea on Friday. A separate ​attack that day, which Riyadh blamed on Iran-backed fighters in Iraq, knocked out Saudi Arabia’s east-west pipeline, the main route for Middle East oil bypassing the blockaded Strait of Hormuz.

OIL ​PRICES JUMP

Crude oil prices rose more than 3% on Monday, when the market reopened after the weekend, while the politically sensitive average retail price of diesel ⁠in the United States hit a new all-time high above $6.23 a gallon.

Traders say the closure of the Saudi pipeline could cut off as much as 4% of global oil supply unless it is reopened ​within days. Images from space show sections of the pipeline damaged by blazes. Riyadh has not given a firm estimate for how long it will be shut.

Oman had been due to host a meeting ​on Monday with Iran and Gulf states to discuss negotiations aimed at reopening Hormuz, the world’s most important oil shipping lane, largely closed since the U.S. and Israel attacked Iran at the end of February.

But Oman’s Foreign Minister Sayyid Badr Albusaidi announced overnight that the meeting had been postponed “in the interests of consensus”. Iran said the postponement was at the request of Saudi Arabia.

Meanwhile, Iran issued a list of 77 ships it said had violated its ​protocols for operating in the Strait of Hormuz. Any ship on the list would face “restrictions on future passages, including fines, detention, or confiscation”, and other ships that assisted them by accepting transfers of ​cargo would be added to the list.

EXPANSION OF WAR TO YEMEN POSES DILEMMA FOR TRUMP

The upsurge of fighting in Yemen poses a dilemma for Washington, which is under pressure to aid its Saudi allies but anxious not ‌to expand ⁠the costly war to a new theatre.

Saudi Arabia has led an Arab coalition battling the Houthis for more than a decade, after the mountain fighters captured Yemen’s capital in 2014. The war there had largely been quiet under a ceasefire for the past few years, but fighting has now resumed, with the Houthis driving back forces from a Saudi-backed government based in the south.

Thousands of Yemenis have fled inland from the coast to escape fighting as the Houthis swept into cities including the historic Red Sea port of Mocha last week.

Aisha Muhammad, an elderly woman burning twigs to heat a kettle in government-held territory ​near Taiz, told Reuters she had left behind ​two daughters and three sons who had ⁠been unable to escape.

“They can’t even go out to the market to get food and drinking water. They are being blocked and shot at, so they are trapped inside their homes,” she said. “They cannot reach us, and we cannot return to them. This is a trial from God.”

On Friday the ​Houthis captured Perim Island, inside the Bab el-Mandeb, the “Gate of Tears” strait, at the mouth of the Red Sea.

U.S. President Donald Trump is under ​pressure to end the war ⁠to relieve the global energy shortage and lower prices that are hurting the fortunes of his Republican Party ahead of mid-term elections in November.

Three sources have told Reuters that Washington has so far rebuffed pleas from Saudi Arabia’s Crown Prince Mohammed bin Salman to intervene in Yemen. Trump confirmed over the weekend that he had spoken to the prince, and said the Houthis had also phoned asking Washington to keep out ⁠of the dispute.

The ​United States bombed the Houthis in 2025 for two months, but Trump called off that campaign after reaching a ceasefire ​with the group, which he said had promised not to attack ships in the Red Sea.

Trump, who attended a golf tournament at one of his resorts in Ireland, said he expected the Iran war to end shortly after the elections in ​November, after which the price of oil would “drop like a rock”.

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Hormuz shipping traffic remains below 10-day average at weekend, data shows

A U.S. ⁠blockade of Iran-related shipping has halted Iranian crude oil exports since it was reimposed in mid-July.

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Commodity vessel transits through the Strait of Hormuz fell to a single digit per day at the weekend, preliminary shiptracking ​data showed on Monday, well below a 10-day average of ‌14, Reuters reported.

Over the weekend, four vessels exited the Gulf through the strait, including a Handysize vessel sailing in ballast, a Handy vessel carrying LPG, a Supramax carrying ​fertilizer and a Suezmax laden with crude or condensate.

Ten vessels entered ​the Gulf, including a mini-bulker carrying minor bulk commodities, ⁠a Handymax carrying grain, a Panamax carrying metals and a Supramax carrying ​dry bulk cargo, the data showed.

The figures exclude any vessels that might ​have crossed the strait with their Automatic Identification System transponders turned off to avoid detection.

A vessel was struck by an unknown projectile while transiting the Strait of ​Hormuz, the United Kingdom Maritime Trade Operations said early on Sunday.

It ​said the crew’s status, damage assessment and environmental impact were unknown.

Meanwhile, the vital East-West ‌oil ⁠pipeline in Saudi Arabia, which has helped relieve the logjam in the Strait of Hormuz, was temporarily shut down by a drone attack coming from Iraq, Saudi officials said.

Before the Iran war started on February 28, the ​strait typically handled ​about 125 large, ⁠commercial vessels per day, including tankers, gas carriers, bulkers and container vessels, accounting for some 20% of ​the world’s daily crude oil and liquefied natural gas ​supply, read the report.

A U.S. ⁠blockade of Iran-related shipping has halted Iranian crude oil exports since it was reimposed in mid-July.

In the Bab el-Mandeb strait, 24 and 27 commodity ⁠vessels travelled ​through respectively on Saturday and Sunday, tracking ​data showed, compared with an average of around 27 ships over the last 10 days.

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Iran and UAE back joint BRICS statement urging restraint in war

Summit organisers and diplomats ⁠have been focused on bridging the Iran-UAE divide, even as the United States and Iran resume tit-for-tat strikes in the six-month-old war.

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Iran and the United Arab Emirates signed up to a joint statement from the BRICS group of ​nations that called for restraint in the Middle East war on Saturday, in what was seen as a sign of diplomatic progress between the countries divided by ‌the war, Reuters reported.

Iranian President Masoud Pezeshkian also met the Crown Prince of Abu Dhabi on the sidelines of the first day of the New Delhi summit, in the countries’ highest-level meeting since the start of the conflict.

The two leaders discussed regional and international issues, de-escalation, stability, and efforts to advance regional peace and development, the Abu Dhabi media office said on X, without referring to any resolution to the discussions.

The BRICS summit is a ​test of the diplomatic clout of a bloc set up in 2009 to challenge a world order dominated by the United States and its Western allies. It originally comprised Brazil, ​Russia, India, China and South Africa and expanded to include Egypt, Ethiopia and Indonesia as well as Iran and the UAE.

Summit organisers and diplomats ⁠have been focused on bridging the Iran-UAE divide, even as the United States and Iran resume tit-for-tat strikes in the six-month-old war.

Iran has launched repeated attacks on the UAE during the ​conflict, most recently in late August when it targeted the Al Minhad Air Base that housed U.S. forces and helicopters.

“We express deep concern over the continued escalation of tensions in Middle East/West ​Asia … call for exercising maximum restraint, as well as avoiding actions that could further aggravate the situation,” the joint BRICS declaration read.

It called for the protection of civilians, urged respect for the sovereignty and territorial integrity of states, and stressed the need to protect global trade, supply chains, energy flows and maritime security.

Foreign policy experts had said the key test for the bloc would be finding language ​on the Middle East crisis that both Abu Dhabi and Tehran could accept, clearing the way for the joint declaration.

Such a joint statement was unlikely to influence the current geopolitical ​landscape, but would demonstrate unity by a grouping of emerging nations, they said.

The Iranian embassy in India posted a photo of the meeting between its president and Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed ‌bin Zayed ⁠Al Nahyan, the eldest son of the president of the country and the next in line to succeed him, read the report.

But it did not say anything about what they discussed.

“The key to ending the war lies with the U.S. and Israel,” Sunjay Sudhir, a former Indian ambassador to the UAE, told Reuters.

“What India has done is keep the difficult conversations going, by showing that countries of the region can sit at the same table, engage diplomatically, and build on where their interests converge.”

Host India’s Prime Minister Narendra Modi said ​that the bloc had come of age and ​it was time to translate its unity ⁠and consensus into concrete results on the global stage, as he opened the meeting.

The BRICS bloc is seeking to raise its profile by influencing international rules and demanding the reform of institutions such as the World Bank, International Monetary Fund and World Trade Organization, which some members ​view as being dominated by Western powers.

Leaders attending the summit include Russia’s Vladimir Putin, China’s Xi Jinping and South Africa’s Cyril Ramaphosa.

Chinese ​President Xi said BRICS ⁠countries should firmly stand on the right side of history by steering the international order toward greater equity and justice.

Xi also said China was ready to play its “due role” in achieving peace and stability in the Middle East.

“Relevant parties must remain committed to a political settlement and work towards achieving a permanent and comprehensive ceasefire,” he said, according to state broadcaster CCTV.

New Delhi, which has strong ⁠ties with the ​United States, Russia, Israel, Iran and the Gulf Arab states, is engaged in a diplomatic balancing act, with ​Modi pushing BRICS members to boost trade cooperation, reduce barriers and expand business opportunities.

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