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Here are the latest highlights:

• The situation with Iran “on edge,” according to Trump. The American president declared that the situation with Tehran was “on edge,” between reaching an agreement to end the war in the Middle East and resuming strikes against Iran. “If we don’t get the right answers, things can escalate very quickly. We are all ready to act. We need to get the right answers. They must be completely, 100%, satisfactory,” warned the American president.

• Iran is considering a new American proposal. “We have received the views of the American side and are currently examining them,” stated the Iranian Ministry of Foreign Affairs, expressing “great mistrust” towards the United States. It also reiterated Iran’s demands: “unfreezing of blocked Iranian assets” abroad and an end to the American blockade of Iranian ports.

• Oil prices drop, relief for stock markets. Boosted by the plummeting oil prices and a renewed hope for a resolution to the conflict in the Middle East, global stock markets closed significantly higher. The price of a barrel of North Sea Brent crude dropped by 5.63% to $105.02, while its U.S. counterpart, the West Texas Intermediate barrel, fell by 5.66% to $98.26.

• The United States seizes an Iranian oil tanker. The American military announced on Wednesday that it had seized an Iranian-flagged oil tanker in the Gulf of Oman on suspicion of circumventing port blockades. Washington added that a total of 91 vessels had been diverted to enforce this measure.

• Iran’s chief negotiator believes the United States is “trying to start a new war”. Mohammad Bagher Ghalibaf accused Washington of seeking to “start a new war” against his country. He also stated that the Islamic Republic must “strengthen its preparations to deliver a strong response to any new attack,” emphasizing that “Iran will never succumb to intimidation,” even if Washington still hopes for “the capitulation of the Iranian nation.”

• Israeli army on “maximum alert.” “We have struck and weakened Iran and the entire (pro-Iranian) axis systematically, powerfully, and methodically. We will continue to act for as long as necessary, both on near and distant fronts,” warned the army chief, General Eyal Zamir.