DUBAI, United Arab Emirates (AP) — The United States is warning shipping companies that they could face sanctions for making payments to Iran …
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Iran has handed over a new proposal for negotiations with the United States to mediators in Pakistan, according to Iran's state-run news agency. The U.S. and Pakistan have not confirmed receiving the proposal. A shaky three-week ceasefire between the U.S. and Iran appears to be holding, despite accusations of violations. The two countries are in a standoff over the Strait of Hormuz, a critical passageway for global oil and gas trade. Iran’s Foreign Minister Abbas Araghchi has been briefing regional counterparts on efforts to end the conflict. The Trump administration declined to say whether it has received a proposal.