Iran Renews Call for Negotiated End to War with US

Iranian President Masoud Pezeshkian reiterated that the conflict with the US must be resolved through negotiations. US President Donald Trump shared an AI-generated video claiming Kharg Island was destroyed; however, no evidence of an attack emerged. US forces struck two Iranian launchers on Larak Island, while Iran announced it targeted two US bases in Jordan and the Al Minhad air base in the UAE.

Two people were killed in the Larak Island strike, and oil prices rose over 3.5%. Kharg Island handles 90% of Iran's oil exports; the Strait of Hormuz carries about 20% of global crude shipments and has been effectively closed since the war began. The US stated it conducted a "limited and precise" operation citing Iranian naval mine-laying preparations. The UAE Ministry of Defence denied Iran's claim of hitting Al Minhad base but confirmed engaging an Iranian-origin unmanned aerial vehicle (UAV).

Trump has failed to achieve any of his stated initial war goals (dismantling Iran's nuclear program, limiting regional strike capability, regime change). US Treasury Secretary Scott Bessent said new secondary sanctions focused on the banking sector would be announced weekly. The EU stated it would continue coordinated economic pressure with the US and other partners. Iran's IRGC announced a supertanker caught fire and stopped in the Strait of Hormuz due to two naval mines; Iranian officials rejected Trump's claim that all mines in the strait had been cleared.