Live updates: US-Iran war news; Iran aiming to control a new Strait of Hormuz route, amid uncertainty over US talks

Key Points:

• Iran is negotiating with Oman to establish a temporary, single safe passage route through the Strait of Hormuz lasting one to three months, aiming for a dominant position over the strategic waterway. Tehran insists it is not negotiating with the US and wants to revise the legal regime governing passage through the strait.
• The Strait of Hormuz remains effectively closed by Iran amid ongoing US-Iran tensions, severely disrupting global crude oil exports from Gulf countries; Saudi Aramco reports a loss of 2.6 billion barrels of crude and warns of prolonged supply shortages if the strait remains closed.
• Recent attacks on vessels in the Strait of Hormuz, including a Liberian-flagged bulk carrier suffering a total blackout, have heightened regional maritime security concerns amid escalating US-Iran hostilities and retaliatory threats.
• Iran’s military adviser Mohsen Rezaei warns that Iran will not allow any passage through the strait other than its own route and cautions that US forces face casualties if the naval blockade continues; he accuses the US of violating a June memorandum of understanding.
• US President Donald Trump canceled planned strikes on Iran, stating no time constraints on negotiations and warning that attacks would have caused massive destruction; meanwhile, disruptions to shipping routes like the Bab al-Mandeb due to Houthi attacks are increasing global oil transport costs and risks.