The Iran war raged Tuesday amid US President Donald Trumpās talk of diplomatic advances.
Oil prices ticked back up and stocks slid as Israel and Iran traded strikes, a day after Trump paused attacks on Iranian energy sites. Hints of possible deescalation emerged, though: Tehran said it would allow some ānon-hostileā ships to transit the Strait of Hormuz, while Washington sent Iran a 15-point plan to end the war, The New York Times reported.
The Islamic Republicās negotiating stance has hardened since the conflict broke out, Reuters reported, and it would demand serious concessions from the US in any future talks. Trumpās tactics, meanwhile, have created ācontrolled ambiguity,ā The Jerusalem Post wrote, which serves to calm markets while keeping Tehran guessing.