US-Israel-Iran War Live: The war between the US and Iran in the Middle East continues to face fresh diplomatic and security hurdles, with Iran accusing Israel of deliberately undermining efforts to maintain a ceasefire with Washington. Iranian FM Abbas Araghchi said Israel had worked to prevent the US-Iran memorandum from being reached and implemented. The remarks come as Tehran signals a tougher military posture after peace efforts stalled.
At the same time, tensions have continued in the occupied West Bank, while financial markets are reacting to the latest developments in the Middle East. Gold prices fell on Tuesday as higher US Treasury yields and rising oil prices reduced demand for the non-yielding asset ahead of the Federal Reserve’s July meeting minutes.
US-Israel-Iran War Live: Iran’s FM Accuses Israel of Sabotaging Ceasefire Deal With US
Iranian Foreign Minister Abbas Araghchi has accused Israel of being the main obstacle to a lasting ceasefire and diplomatic agreement between Tehran and Washington.
“The Zionist regime was and remains the biggest opponent and obstacle to the implementation of the memorandum of understanding. They made every effort to prevent such an agreement from being reached, every effort to make this agreement fail, and every effort to prevent it from being implemented,” he said.
Araghchi also argued that Trump’s earlier demand for Iran’s “unconditional surrender” ultimately failed to achieve its objective. He said Tehran eventually agreed to a ceasefire and negotiations on terms acceptable to Iran.
“It was us who said we would not accept a ceasefire and continued the war until we reached a point where they accepted a ceasefire and negotiations on Iran’s terms,” he said.
US-Israel-Iran War Live: Iran Says Trump’s ‘Unconditional Surrender’ Demand Failed
Araghchi said the course of the conflict had not produced the outcome Washington initially sought. According to the Iranian foreign minister, those who “sought an unconditional surrender, within a short time of the war’s commencement, were begging for negotiations”.
He presented the eventual ceasefire as a result of Iranian resistance rather than a concession to US pressure.
The remarks underline how differently Washington and Tehran view the ceasefire and the failed negotiations. While the US continues to press Iran over its nuclear programme and regional security, Tehran insists that it will not negotiate under what it considers coercive conditions.
US-Israel-Iran War Live: Israel Faces Fresh Tensions in Occupied West Bank
Separate tensions have emerged in the occupied West Bank, where Palestinian authorities reported Israeli military activity and settler actions.
According to the Palestinian news agency Wafa, Israeli forces raided a residential building in al-Jarushiya village, north of Tulkarem, and ordered Palestinian residents to leave. The report said the building was later being used by Israeli forces as a military position.
In Burin, south of Nablus, local sources reported that Israeli settlers cut utility poles, leaving a Palestinian home without electricity. Wafa reported that the same home had previously faced a similar disruption.
US-Israel-Iran War Live: Gold Falls as Treasury Yields and Oil Prices Rise
Gold prices declined on Tuesday as rising US Treasury yields and higher oil prices pressured the precious metal. Reuters reported that spot gold fell 0.4% to $4,397.42 an ounce, while US gold futures for December delivery declined 0.5% to $4,452.90.
Higher Treasury yields increase the opportunity cost of holding gold because the precious metal does not provide interest income. Rising oil prices have also added to inflation concerns, potentially influencing expectations for future Federal Reserve policy.
Investors are now waiting for the minutes of the Federal Reserve’s July meeting, due Wednesday, for clues about the central bank’s next interest-rate decision. Markets currently see a 65% probability that the Fed will leave rates unchanged at its September meeting.
US-Israel-Iran War Live: Oil Prices Rise as Iran Signals Tougher Military Posture
Oil prices have moved higher as hopes for a quick US-Iran diplomatic settlement fade.
Iran has indicated that it could move to a “fully offensive” military posture after negotiations stalled. The development has increased concerns over possible disruptions around the Strait of Hormuz, a crucial route for global energy shipments.
Brent crude moved above $91 a barrel on Tuesday as traders priced in the increased risk of a prolonged conflict and disruption to energy supplies.
US-Israel-Iran War Live: Will US-Iran Conflict Escalate Again?
The possibility of another escalation remains a major concern as negotiations have stalled. A senior Iranian official told Reuters that Tehran would shift to a “fully offensive” posture because efforts to negotiate a permanent end to the war had reached an impasse.
The Strait of Hormuz remains a critical flashpoint. Any renewed military activity around the waterway could affect oil supplies, shipping costs and financial markets.
Turkey has meanwhile urged Trump to continue diplomatic efforts with Iran, with President Recep Tayyip Erdogan stressing the importance of using diplomacy to reduce tensions.
US-Israel-Iran War Live: What’s Next?
The next stage of the conflict will depend on whether Washington and Tehran can restart meaningful negotiations or move toward another military confrontation.
Iran’s accusations against Israel, its warning of a more offensive military posture and continued tensions around Hormuz point to a fragile situation. Meanwhile, developments in the West Bank and higher oil prices are adding further uncertainty across the region.
For markets, oil prices, US Treasury yields, gold and any new developments around the Strait of Hormuz will remain key indicators to watch.
