Mediators are racing to revive talks between the U.S. and Iran before a full-scale Middle East war erupts, with Qatar and Pakistan stepping in to broker a fragile ceasefire. After U.S. strikes on Iranian coastal targets and Iran’s attacks on ships in the Strait of Hormuz, both sides have paused hostilities—giving diplomacy a rare window. Saudi Arabia intercepted Iranian-backed drones targeting oil facilities and Riyadh, underscoring regional chaos. While Oman helps relay messages and manage shipping through the vital strait, direct talks remain off the table. Despite these efforts, maritime traffic is at its lowest in three weeks, leaving global energy markets and economies hanging in the balance.

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