US and Iran review fresh peace proposals as Qatar seeks diplomatic breakthrough

Qatari mediators are seeking a diplomatic breakthrough between the US and Iran, with both sides reviewing fresh peace proposals amid limited US strikes and ongoing war tensions. Oil prices have retreated as signs emerge that Washington may allow more time for a resolution. Qatar's foreign ministry confirmed deliberations are ongoing, while Iran's parliament speaker said Tehran has delivered a "strong and rational response" and that "the ball is now in America's court." The US struck limited targets on Iran's Qeshm island overnight, with President Donald Trump saying the US is not looking to "kill lots of people" but will act if necessary. The war began in late February when the US and Israel bombed Iranian targets, and a truce in April has held with regular skirmishes. Iran seeks lifted naval blockades and eased sanctions, while Washington demands nuclear concessions. Trump has said he will resolve the conflict soon, either with a deal or extensive strikes.