Drafts of potential US-Iran agreement are ‘being circulated,’ Qatar says

Efforts to resolve the US-Iran conflict are “in very progressive stages,” Qatar’s Foreign Ministry said, adding that drafts of a potential agreement are “being circulated” but that there are no direct talks between the two sides.

• Strait of Hormuz: The Trump administration is signaling optimism on a deal for the crucial waterway, with US Secretary of State Marco Rubio saying there has been progress “but not finality” on an agreement and US Treasury Secretary Scott Bessent floating a potential consensus by “today or tomorrow.” Shipping analysts are less upbeat. Meanwhile, a cargo vessel is reported to have lost power after earlier being struck by an unknown projectile in the strait.