Despite the drumbeats of war, a narrow window for diplomacy remains. Iranian Foreign Minister Abbas Araghchi announced on Saturday that Tehran is drafting a formal counterproposal, expected within the next 48 to 72 hours, aimed at breaking the deadlock. However, with the US demanding “zero enrichment” and Israel moving toward active joint-strike planning, diplomats across Europe and the Gulf warn that the region is sliding toward a conflict not seen since 2003.

Story continues below this ad
What’s the current situation?
Trump’s strike warning: Asked if he would authorise kinetic action during negotiations, Trump told reporters, “I guess I can say I am considering that.” He added that Tehran “better negotiate a fair deal.”
Tehran’s counter-offer: Iran is reportedly preparing a text based on “mutual respect”, though it remains unclear if it will address the US “red line” regarding domestic uranium enrichment.
Israel on high alert: The Israeli government, believing talks have reached an impasse, has accelerated joint military preparations with the US for an operation that could begin “very soon”.
Strait of Hormuz tensions: Following a brief shutdown for IRGC live-fire drills, the waterway remains a flashpoint. Iran has warned that any attack would make all US regional assets “legitimate targets”.
Massive buildup: The USS Gerald R. Ford is currently transiting the Mediterranean to join the USS Abraham Lincoln, completing a dual-carrier presence that analysts call the most significant mobilisation in decades.
Our Global Desk are monitoring official statements from the White House, the Iranian Foreign Ministry, and maritime security agencies in the Persian Gulf. Stay tuned for real-time updates as this story develops.