The conflict has unsettled global markets, with oil supply risks increasing due to tensions in the Strait of Hormuz|@DepartmentofWar|X
The United States has sent a 15-point plan to Iran to end the ongoing Middle East war, now in its fourth week.
The proposal, delivered via Pakistan, signals the US's efforts to reduce the rising economic pressure from the conflict. Pakistani army chief Syed Asim Munir has emerged as a key mediator, offering to host peace talks.
Officials say the plan reflects a push to de-escalate tensions, even as fighting continues with Iran and Israel exchanging strikes. The conflict has unsettled global markets, with oil supply risks rising amid tensions in the Strait of Hormuz.
US demands include dismantling nuclear facilities, missile constraints, and safe passage via the strait.
Iran, however, has set tough conditions for returning to cease-fire talks with the US, raising doubts about a quick deal. Its demands include closing all US bases in the Gulf, compensation for the war, sanctions relief, and a new payment system for the Strait of Hormuz.