US and Iran review mediator proposals after limited strikes on Qeshm island
Iran and the US are reviewing new mediator proposals to prevent all-out war, following limited US airstrikes on Iran's Qeshm island. Qatari mediators held positive talks in Tehran on Monday, with Iran saying the "ball is now in America's court." The diplomatic push comes as oil prices tumbled 10% on hopes for a resolution, though Brent crude rebounded to $106.50 a barrel Tuesday. President Trump signaled openness to a deal, mouthing "no" when asked about resuming strikes after Tuesday's midterm elections, which his party is expected to lose. The conflict began in late February with US-Israeli bombing, disrupting Gulf shipping and raising fuel costs. Iran seeks lifted naval blockades, eased sanctions, and released assets, while Washington demands nuclear concessions. Tehran wants a durable peace ensuring no future attacks, not just a pause.