Iran’s mission to the UN says “non-hostile vessels” can pass through the Strait of Hormuz provided they coordinate with “the competent Iranian authorities” – the waterway is vital for global shipping
Donald Trump insists talks with Iran continue – claiming Iran wants a deal “so badly”, and saying it gave the US a “very big present worth a tremendous amount of money” on Tuesday
Unconfirmed reports also suggest the US has handed over a 15-point peace plan – it includes Iran dismantling nuclear facilities, in exchange for lifting of sanctions
At the same time, the Pentagon is preparing to deploy some troops to Iran, according to the BBC’s US partner, CBS News – but it has not been reported precisely where or when, and the White House hasn’t commented
Israel and Iran are continuing to exchange strikes, while six people have been killed in southern Lebanon, according to state media
Meanwhile, the oil price dipped early on Wednesday -but remains well above pre-war levels
