Mediators led by Qatar and Pakistan have achieved significant progress in bringing the United States and Iran back to negotiations after three days without exchanges of strikes between the two countries. Commercial shipping traffic in the Strait of Hormuz, a strategic point for global oil transport, has reached its lowest level in three weeks. Saudi Arabia announced it had shot down drones fired by Iran-backed militias in Iraq targeting its oil facilities, while Houthi rebels in Yemen also claimed attacks on Saudi oil sites. Tehran and Oman have held talks on establishing a mechanism to manage naval traffic through the Strait of Hormuz, which Iran insists remains closed.
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