US President Donald Trump. (File Photo)
Iran-US-Israel War Ceasefire News Live Updates: The prospects for a definitive breakthrough in the US-Iran conflict remain on a knife-edge. President Donald Trump, speaking to reporters this evening, acknowledged that Tehran has “made strides” toward a diplomatic resolution but stopped short of endorsing a new proposal submitted via Pakistani intermediaries.
While the rhetoric suggests a slight softening from the total blockade stance earlier today, the gap between Washington’s demands and Tehran’s concessions remains wide. President Trump confirmed receiving a new diplomatic framework from Iran via Islamabad. While he noted that “Iran wants to make a deal,” he explicitly stated, “I am not satisfied with it.”
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Iran sent its latest proposal for negotiations with the United States to Pakistani mediators on Thursday, state news agency IRNA reported on Friday.
The development comes even as the US naval blockade of Iranian ports has shrunk Tehran’s oil exports, stranding a growing stockpile of crude on tankers as Iranian storage sites run out of space, shipping data showed, and analysts said. With some vessels switching off tracking systems and US forces turning back Iranian tankers, how much crude Iran is delivering to customers, particularly its main customer, China, is impossible to measure.
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Developing
Iran–US conflict Hormuz stays closed — oil hits $126
⚔️ Ceasefire: Apr 8 🛢 Brent: ~$114/bbl 🚢 20% world oil blocked 📅 War Powers deadline: May 1
Brent Crude Peak $126 per barrel — on briefing news
Brent Crude Now ~$114 per barrel — slipped back
World Supply Blocked 20% oil & gas choked off
Ceasefire Since Apr 8 But strait still blocked
US USA Pres. Donald Trump
IR IRAN Sup. Leader Khamenei
IL ISRAEL Allied with US
PK PAKISTAN Mediator
Current Situation — Strait of Hormuz Crisis
Conflict Timeline
~Mar 1, 2025 Conflict Begins US-Israeli military operations against Iran begin. Iran launches drones and missiles at Israel and US bases in Gulf states. Hormuz blocked.
Apr 8, 2025 Ceasefire Agreed US-Iran ceasefire takes effect. Iran retains control of the strait — blocking all but its own shipping — citing ongoing US naval blockade of Iran’s oil exports.
May 1, 2025 War Powers Deadline ← NOW Formal US deadline to end the war or extend it under the 1973 War Powers Resolution. A senior official says hostilities are deemed terminated due to the ceasefire — likely to pass without formal congressional action.
TBD Negotiations / Escalation? Pakistan mediating. US weighing fresh strikes, extended blockade or coalition to reopen strait. Iran warns of retaliation for any new attack.
Stalemate: A ceasefire is in place since April 8 but Iran continues blocking the Strait of Hormuz in response to a US naval blockade of Iran’s oil exports. The strait — through which 20% of global oil and gas flows — has been closed for ~two months. Brent crude hit $126/bbl on reports of a Trump military briefing before slipping to ~$114.
Brent Crude — price context ($USD/bbl)
Pre-conflict baseline ~$75/bbl. Bars are proportional to $130 max.
Key Quotes — What Leaders Are Saying
Any new US attack on Iran, even if limited, would usher in long and painful strikes on US regional positions.
IRGC Senior OfficialIran’s Revolutionary Guards
Foreigners who come from thousands of kilometres away have no place there except at the bottom of its waters.
Ayatollah Mojtaba KhameneiSupreme Leader, Iran — on Strait of Hormuz
Iran will not be allowed to have a nuclear weapon. The price of gasoline will drop like a rock as soon as the war ends.
Donald TrumpUS President
The longer this vital artery is choked, the harder it will be to reverse the damage.
António GuterresUN Secretary-General
Expecting to reach a result in a short time, regardless of who the mediator is, is not very realistic.
Esmaeil BaghaeiIran Foreign Ministry Spokesman
We’ve seen what happened to your regional bases — we will see the same thing happen to your warships.
Majid MousaviIRGC Aerospace Force Commander
What’s at Stake — Global Impact
The Strait of Hormuz is the world’s most critical oil chokepoint. Its two-month closure has sent Brent crude from ~$75 to $114/bbl — a 52% surge.
The UN warns if the disruption drags past mid-year, global growth will fall, inflation will rise and tens of millions more people will be pushed into poverty.
Trump has repeatedly stressed that fuel prices will fall “like a rock” once the war ends — signalling domestic political urgency ahead of November midterm elections.
The conflict has worsened Iran’s dire economic situation. The US blockade has cut off oil export revenues — Iran’s economic lifeline — but analysts say Tehran can hold out for now.
Iran says halting Israeli attacks on Lebanon — where a fragile ceasefire is in place — is part of the Iran-US ceasefire understanding and must remain a condition of any deal.
The UAE has banned its citizens from travelling to Iran, Lebanon and Iraq and urged those currently there to leave immediately, citing escalating regional developments.
What Next — Options & Scenarios
Four scenarios on the table — Trump was briefed Thursday on military and diplomatic options to end the Hormuz impasse.
A series of targeted strikes to compel Iran to negotiate. Iran has warned even a limited attack would trigger “long and painful” retaliation on US regional bases and warships.
Axios reports a plan involving US ground forces taking over part of the Hormuz strait to reopen it to commercial shipping — a major escalation with unpredictable consequences.
US State Dept has invited allies to join the ‘Maritime Freedom Construct’. UK, France and others are willing to help — but only after the conflict formally ends.
Trump is also weighing a unilateral US declaration of victory or extending the naval blockade of Iran’s oil exports to force economic surrender. Pakistan continues mediation.
Air defence alert in Tehran: Air defence activity was heard in areas of Tehran Thursday evening, Iran’s semi-official Mehr news agency reported, with drones and unmanned surveillance vehicles being engaged — adding to uncertainty around the ceasefire.
Sources: Reuters · Axios · IRNA · Mehr News Agency | Updated: 1 May 2025
Iran-US war ceasefire: Here are the latest flashpoints
- Aid crisis in Sudan: The UNHCR reports that shipping costs to Sudan—home to the world’s largest displacement crisis—have more than doubled to $1.87 million as vessels bypass the Strait of Hormuz for the 25-day longer journey around the Cape of Good Hope.
- The “blockade” dispute: Iranian President Masoud Pezeshkian has labelled the US naval blockade of Iranian ports an “intolerable” act of aggression. Meanwhile, President Donald Trump has signalled a potential resumption of full-scale hostilities, stating, “We might need to” restart the war despite recent backchannel talks.
- The $100 billion question: A war of words has erupted over the conflict’s price tag. While US Secretary of War Pete Hegseth maintains costs are at $25 billion, Iranian Foreign Minister Abbas Araghchi claims the “gamble” has already cost American taxpayers $100 billion, alleging a massive Pentagon cover-up.
- Regional instability: Israeli strikes in southern Lebanon have killed over 30 people in 24 hours, while Iranian air defences remain active over Tehran to intercept surveillance drones.
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