US-Israel-Iran War Highlights: Iran has not approved any text for an initial memorandum of understanding with the United States, Iran’s semi-official Fars news agency reported.

US President Donald Trump on Thursday cancelled the scheduled Iran strikes and said that “final points” of the peace deal have been “approved” by all parties involved, including the United States, Israel, Saudi Arabia, UAE, Qatar, Turkey, Pakistan, Bahrain, Kuwait, Jordan, Egypt, and others.

Iran retaliated against US bases in Bahrain, Kuwait and Jordan: Kuwait closed its airspace; Jordan intercepted 20 missiles at Al-Azraq; in Bahrain, an 11-year-old girl was hurt and homes damaged by “falling debris,” the Interior Ministry said. Israel warned of incoming fire from Lebanon.

Indian national killed: Three Indian nationals were killed after the US military fired at a Palau-flagged tanker off the coast of Oman, India’s minister of ports, shipping and waterways said.

Hormuz, oil, and the wider crisis: Iran declared the Strait of Hormuz closed to all traffic, a claim CENTCOM contests. Trump said the US has run a “secret mission” to slip oil past Iranian forces, claiming 100 million barrels evaded the chokehold. Brent crude trades above $93/barrel, up 25% since the February 28 war start. A Qatari delegation left Tehran on Thursday after talks. IMO chief Arsenio Dominguez condemned the Settebello attack: “This is simply unacceptable.” The IMO has logged 43 attacks on shipping since the war began. For India, which sources 65-70 per cent of crude through Hormuz, has ~1.35 million nationals in Bahrain and Kuwait, and is the world’s third-largest seafarer supplier (300,000+) — the escalation has put renewed pressure on energy markets, diaspora security and Washington ties.

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