Indonesia's rupiah strengthened as global oil prices declined following Middle East peace negotiations between Iran and Oman, with Brent crude falling to $86.20 per barrel, supported by improved regional stability prospects.
Iran and Oman held fruitful talks on managing shipping traffic in the Strait of Hormuz, achieving some progress.
The US and Iran have agreed to continue talks, but a ceasefire agreement has ended.
Trump warned Oman against controlling the Strait of Hormuz during fragile Iran-US negotiations, threatening military action while rejecting reported joint Iran-Oman management proposals and asserting US oversight of the strategically critical waterway.
India's External Affairs Minister Jaishankar discussed West Asia developments with Oman's Foreign Minister while Iran and Oman negotiate a new Strait of Hormuz traffic control mechanism, with Iran launching a regulatory authority amid geopolitical tensions.
US and Iran made significant progress in nuclear talks in Geneva, despite no deal confirmation
Iran warns against US economic pressure amid ongoing Hormuz diplomacy efforts.
Saudi Foreign Minister Prince Faisal bin Farhan held calls with Gulf and Jordanian counterparts to discuss regional tensions, condemn Iranian attacks, and ensure Strait of Hormuz navigation security amid escalating Middle Eastern instability.
Iranian Foreign Minister Araghchi held separate phone calls with officials from Oman, Turkey, and Pakistan's army chief following renewed US strikes on Iran, condemning the attacks as UN Charter violations while emphasizing diplomatic engagement amid escalating regional tensions and retaliatory Iranian strikes.
Trump maintains economic blockade against Iran while refusing to expedite nuclear negotiations, demanding complete dismantling of enrichment facilities as condition for agreement, amid escalating Israeli-Hezbollah tensions and Lebanese civilian casualties.
Iran and Oman held bilateral talks in Muscat on shipping safety in the Strait of Hormuz, emphasizing their sovereign rights while also engaging with the International Maritime Organization to address technical maritime concerns.
Saudi and Omani foreign ministers discussed regional stability and Strait of Hormuz security in a phone call.
President Trump ordered airstrikes against Iran Saturday after the Revolutionary Guard attacked a Cypriot container ship in the Strait of Hormuz, damaging its engine and injuring crew. This marks the third U.S. bombing this week amid escalating tensions over shipping routes and a disputed reopening agreement.
Israel warned the US of a specific Iranian plot to assassinate Trump, amid escalating US-Iran military strikes in the Strait of Hormuz. Nuclear talks continue despite attacks on tankers, shipping declines, and Khamenei's burial in Mashhad.
India conducts military training for Oman forces, strengthening their defence partnership.
Iran and US conclude 3rd round of talks in Geneva, mediated by Oman, to prevent war