/weekend need to know
IRAN DELIVERS RESPONSE TO LATEST US PEACE PROPOSAL
CEASEFIRE HOLDS AMID DESPITE HORMUZ CLASHES
NETANYAHU: WAR WITH IRAN “NOT OVER”
UKRAINE: PUTIN TALKS PEACE - KREMLIN WALKS IT BACK
OTHER MARKET NOTES: Aramco East-West Pipeline, Qatar Drone Strike, Trump on Iranian Uranium, Kharg Island Leak Denial
/summary
IRAN DELIVERS RESPONSE TO US PEACE PROPOSAL
Iran has finally replied to the latest US offer via Pakistani mediators. Tehran is pushing to end the war and secure maritime safety in the Gulf and Hormuz, while also demanding the Lebanon conflict ends. No detailed text released (some WSJ reporting), but talks are framed around “ending the war in the region.”
Iran is still dodging the nuclear issue and betting it can improve its position. US demands remain maximalist.
Trump accuses Iran of playing games in first post after Iran responded.
CEASEFIRE HOLDS DESPITE HORMUZ CLASHES
Skirmishes continue, but the fragile ceasefire is intact. US forces disabled two Iranian oil tankers in the Gulf of Oman to block storage last last week. Iran hit back by seizing the tanker Ocean Koi.
Two successful transits: Qatari LNG carrier Al Kharaitiyat and bulk carrier Mdl Toofan (coordinated with Iran) both passed through Hormuz.
Iran warned Britain and France: any warships in the Strait will face an “immediate and decisive response.”
NETANYAHU: WAR WITH IRAN IS NOT OVER
Netanyahu poured cold water on peace hopes, saying Israel still has major unfinished business with Iran. Enrichment sites, proxies, and ballistic missiles remain targets. “We’ve degraded a lot… but there’s work to be done.”
Israeli strikes on Lebanon continue despite the ceasefire, triggering Hezbollah retaliation. Signals Israel has no plans to back down anytime soon.
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