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Efforts to de-escalate tensions in the Middle East have stalled due to disagreements between Iran and the United States, despite the resumption of contacts through intermediaries following Trump's threats of possible annihilation. Iran emphasized the need to end the war and halt aggressive actions. The Iranian Foreign Minister and Trump's deputies held indirect communications on the sidelines of the United Nations General Assembly. Meanwhile, disagreements over navigation rules in the Strait of Hormuz are hindering the final agreement. Energy markets remain affected by the ongoing fighting, with oil prices declining and warnings of an escalating crisis as Houthi activities in Yemen continue. The international community is awaiting Iran’s stance to either halt the escalation or restart negotiations.
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