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LIVE | Iran presents new proposal to the U.S.

With U.S.-Iran peace talks stalled over the past week, there appears to be little sign that they will reach an agreement to reopen the Strait of Hormuz in the near future, which is disrupting one-fifth of the world's oil and gas supply.

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IranAFP

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Oil prices rose slightly Friday after sharp fluctuations the previous day as investors awaited the next move in the Middle East crisis, and Asian stock markets rose on a day of lower activity due to the holidays, after a record day led by the technology sector on Wall Street.

After U.S.-Iran peace talks stalled over the past week, there appears to be little sign that they will reach an agreement to reopen the Strait of Hormuz in the near future, which is disrupting a fifth of the world's oil and gas supply.

Timestamps are Eastern Standard Time (EST).

U.S. oil benchmark price falls 5% after Iran proposed new talks with U.S.

The benchmark U.S. oil price fell 5% on Friday after Iranian media reported that Tehran had submitted a new proposal to enter into talks with the United States through Pakistan, a mediating country.

Aircraft carrier USS Gerald R. Ford leaves the Middle East

The aircraft carrier USS Gerald R. Ford left the Middle East after participating in operations against Iran, a senior U.S. official said Friday, leaving two more such ships in the region.

Iran presents new proposal to U.S.

Iran presented the United States with a new proposal to resume negotiations and end two months of war, an Iranian state-sponsored media channel announced Friday, amid a stalled dialogue.

A ceasefire went into effect April 8, after nearly 40 days of U.S.-Israeli bombings on Iran and Tehran's retaliation in the region.

Iran is open to dialogue with U.S.: Head of judiciary

Iranian judiciary chief Gholamhossein Mohseni Ejei said Friday that Tehran is open to dialogue with the United States, but will not accept what he described as political "imposition" under threat.

U.S. urges meeting of Israeli and Lebanese leaders

The U.S. embassy in Lebanon called for a meeting between Lebanese and Israeli leaders, while the Health Ministry said Israeli attacks in southern Lebanon killed at least 15 people despite an ongoing ceasefire.

Trump weighs the possibility of reducing U.S. troops in Italy and Spain

President Donald Trump said Thursday he may pull U.S. troops from Italy and Spain due to their opposition to the Iran war, a day after proposing a similar reduction in Germany.

"Yeah, probably, I probably will. Why shouldn't I?" Trump told reporters in the Oval Office when asked if he would consider reducing American troop numbers in Spain and Italy too.

Trump administration defies congressional legal limit to continue war on Iran

U.S. President Donald Trump's administration is resisting being constrained Friday by a legal congressional deadline in the war against Iran, which activated its air defense against small planes and drones in the capital overnight.

According to the U.S. Constitution, only Congress has the power to declare war.

But a 1973 law allows the president to initiate a limited military intervention to respond to an emergency situation, provided he asks the legislature for authorization to mobilize troops for more than 60 days.

Friday is the deadline, but War Secretary Pete Hegseth argued Thursday that, due to the ceasefire, "the 60-day deadline is suspended."

Iran activates air defenses as Trump faces congressional deadline

Tehran's air defenses were activated Thursday night to counter small aircraft and drones, as the White House hinted it would not be held back by a congressionally imposed deadline on the war against Iran.

Tasnim and Fars news agencies reported that air defense systems, which were heard in parts of the Iranian capital, were activated "to counter small aircraft and reconnaissance drones" for about 20 minutes, but that the situation had returned to "normal."

U.S. coalition for Strait of Hormuz "does not compete" with French and British bid: French foreign minister

The head of French diplomacy said Friday that a new U.S.-led coalition to reopen the Strait of Hormuz would complement, not compete, with a similar mission led by France and Britain.

Foreign Minister Jean-Noël Barrot said in Abu Dhabi after a regional tour that he had briefed Gulf allies on the U.K.-French initiative, which is at an "advanced" stage.

French Foreign Minister Jean-Noël Barrot said in Abu Dhabi after a regional tour that he had briefed Gulf allies on the initiative between the U.K. and France, which is at an "advanced" stage.

Everything that's happened in the Middle East war so far, here:

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