US-Israel-Iran War Latest Live News: The recent developments in the US-Israel-Iran conflict have shown an escalation of a diplomatic-economic crisis after the scheduled meetings between Iran and the Gulf states in Oman were postponed. The meeting that was planned for Monday in Salalah was supposed to discuss the arrangements for the navigation in the highly important Strait of Hormuz.
As the Foreign Minister of Oman, Badr Albusaidi, explained that the meeting has been postponed “for the sake of reaching a consensus” and stated that Oman is still ready for dialogue. Separately, the Iranian representatives claimed that the delay happened upon the request of some regional countries.
US-Israel-Iran War Latest Live News: Oman Meeting Delay Raises Diplomatic Concerns
This delay takes place at an opportune time while these talks between Gulf and Iran were seen as a means by which the pressure on one of the most crucial waterways in the world could be alleviated.
In the first half of 2025, approximately 20.9 million barrels of oil were transported via the Strait of Hormuz daily. This amount accounts for about 20% of the global consumption of petroleum liquids. Approximately 89% of the crude oil and condensates transported via this waterway were destined for Asian destinations such as India, China, Japan and South Korea.
“In the interests of consensus the regional meeting set for tomorrow in Salalah has been postponed. We remain committed to fostering dialogue that supports stability and lasting cooperation in our region,” he said.
US-Israel-Iran War Latest Live News: Why Strait of Hormuz Matters
The significance of the Hormuz Straits is not just restricted to the supply of crude oil while some 11.4 billion cubic feet of liquefied natural gas has been moving through the waterway on a daily basis during the first six months of 2025, which accounted for more than 20 percent of global liquefied natural gas transactions. That is why the diplomatic endeavor in Oman has wider significance than Iran and the Persian Gulf region.
US-Israel-Iran War Latest Live News: Iran Shows Little Sign of Giving Ground
According to former United States diplomat Alan Eyre, “it is unlikely that the Iranians will give up their control of the strait easily”. The reason for this, he explains, is that “Tehran now views the strait as a strategic deterrence from any future attack on Iran”.
This is why negotiations have become very hard to reach and Iran has a reason to negotiate because of the leverage it holds and the Gulf countries have reasons of their own.
“It sees control of the strait as the only way of doing that,” he said. “That’s not a chip it’s going to bargain away.”
He said Washington and Gulf states may therefore have to accept Iranian control of the strait “at least as a short-term reality” if they want to limit the damage to the global economy.
He added that diplomacy had increasingly shifted away from Washington towards Gulf states and Iraq, saying the US was “unwilling and unable” to sustain the kind of diplomacy needed.
US-Israel-Iran War Latest Live News: Regional War Spreads Beyond Iran
The overall conflict is also giving rise to some additional pressure points and there have been instances of fighting between the Houthis of Yemen, resulting in threats to maritime security in the Red Sea, and Saudi Arabia has suffered attacks and interference in vital energy facilities.
According to Reuters, the oil pipeline of Saudi Arabia, measuring 1,200 kilometers in length and having the capacity to carry up to 4-5 million barrels per day, was also closed temporarily. An Iranian civilian ship was attacked near Qeshm Island, killing one person and wounding four others.
US-Israel-Iran War Latest Live News: BRICS and the Search for a Diplomatic Exit
This crisis comes at a time when the BRICS diplomatic initiative is also underway while in this respect, the statement made by the BRICS block was calling for restraint in the Middle East region without mentioning either of the attacks in the region by the US-Israel alliance and Iran against the Gulf nations.
The chief of protocol in the Iranian president’s office says US and Israeli actions against Tehran, as well as their joint “trampling of all international norms”, have led BRICS countries to take a far bolder stance against such forms of unilateralism.
“The blatant overreach by America and the Israeli regime against Iran a BRICS member and the trampling of all international norms by these two regimes in dealing with other members of the international community has made this year’s BRICS Summit stance against unilateralism, bullying, brazen use of force, and the leverage of sanctions and tariffs far more explicit and transparent,” Abbas Mousavi said on X.
This makes the upcoming Oman meeting quite crucial as far as the regional diplomacy is concerned and given that the oil supplies are already being disrupted by this crisis and that the Strait of Hormuz continues to be an integral part of global energy security, postponing the talks might just be counterproductive.
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Disclaimer: This article is based on reported developments and official statements available at publication time; details may change as the conflict continues.