On the 27th day of the US-Israeli-Iran conflict, Thursday, March 26, diplomacy and military developments seem to be moving in opposite directions. Iran rejected the United States’ 15-point ceasefire proposal and instead outlined five counter-conditions – including control of the Strait of Hormuz and compensation for war damages.
The latest news on the US war with Iran: The best updates
- US President Donald Trump insisted on Wednesday that Iran is participating in peace talks, suggesting that Tehran’s refusal was due to Iranian negotiators’ fear of being killed by their own side, AFP reported. “By the way, they’re negotiating and they want to make a deal so bad. But they’re afraid to say it because they think their own people are going to kill them,” Trump said at a dinner for Republican members of Congress.
- Oil prices fell on hopes of a de-escalation after US President Donald Trump expressed optimism about an end to the nearly month-old war and Iran indicated that ships from countries not parties to the conflict could pass through the Strait of Hormuz.
- After Tuesday’s gains, Brent crude fell 2.2 percent to $102.22 a barrel, while West Texas Intermediate crude fell 2.2 percent to $90.32 a barrel.
- The speaker of Iran’s parliament has warned of a possible invasion of the Iranian island with the support of an unnamed regional country. “According to some intelligence reports, the enemies of Iran are going to occupy one of the Iranian islands with the support of one of the regional states,” wrote Mohammad Bagher Ghalibaf on X.
- Kuwait’s interior ministry said the six people were allegedly linked to the Iran-backed Hezbollah group and were arrested for planning assassinations of leaders in the Gulf state.
- The U.S. Environmental Protection Agency issued a temporary emergency waiver on Wednesday to allow higher-ethanol E15 fuel to be sold nationwide this summer, Administrator Lee Zeldin said, easing smog controls amid government concerns about sufficient supplies, AFP reported.
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