US-Iran Diplomacy Flip: Trump says US strikes on Iran are paused and talks resume Monday, but Tehran insists there are no US negotiations and points to Oman talks instead, focused on a temporary safe shipping route through the Strait of Hormuz. Strait of Hormuz Logistics: Iran’s foreign ministry says the Oman corridor is about secure passage and will not automatically reopen the strait to its pre-war status, keeping pressure tied to US “aggression” and blockade claims. Markets & Oil: Oil slid sharply after the strike halt—Brent down about 5–7%—while Wall Street and parts of Asia reacted to easing risk; OPEC+ also approved a September output increase of 188,000 bpd. Regional Diplomacy: The Arab League chief and Iraq’s foreign minister discussed the tense regional situation, urging diplomatic channels. Gaza Tensions: Israel conveyed concerns to the US over a Hamas disarmament framework while continuing strikes, as Gaza ceasefire implementation faces friction. Human & Security Fallout: Iran executed two men convicted of spying for Israel; in the UK, fuel theft at petrol stations surged during the Iran oil crisis.