US-Iran War Live Updates: Iran Allows Iraq To Transport Oil Through Hormuz, Trump Ramps Up Economic Pressure

US Iran War News Live Updates: The US-Iran standoff over the Strait of Hormuz remained tense on Saturday, with President Donald Trump saying Tehran wants a deal but is not prepared to accept what he considers the right terms.

“Iran would love to make a deal. But they are not ready to make the right deal, in my opinion,” Trump told reporters, while saying US military options in the region remain open.

His comments came as Iranian Foreign Minister Abbas Araghchi held talks with Omani Foreign Minister Badr bin Hamad Al Busaidi on efforts to reach an understanding over navigation through the strategic waterway. Oman has been playing a key mediating role between Washington and Tehran.

The latest diplomatic push follows escalating US pressure on Iran. Washington has threatened further action while demanding greater access through the Strait, a vital route for global energy shipments. Shipping traffic remains heavily constrained amid the conflict.

US Secretary of State Marco Rubio also met Oman’s top diplomat in Washington this week, underscoring Muscat’s importance in the negotiations. The meeting came shortly after Trump threatened military action against Oman over its handling of talks with Iran.