UPDATE: Trump extends Iran deadline by five days citing talks with unnamed Iranian officials, though Tehran denies negotiations occurred, as missiles continue targeting Israel and Gulf states with oil markets whipsawing.
President Trump on Monday extended by five days his deadline for Iran to reopen the Strait of Hormuz, citing talks with unnamed Iranian officials that Tehran immediately denied took place. Trump claimed his envoys Jared Kushner and Steve Witkoff held 'very good' discussions over the weekend, briefly driving down oil prices and boosting stocks. Iranian parliament Speaker Mohammad Bagher Qalibaf flatly rejected the claim, posting that 'no negotiations have been held with the US' and calling it 'fakenews' used to manipulate markets.
The conflicting accounts came as Iran continued launching missiles at Israel and Gulf Arab states on Tuesday. A missile struck central Tel Aviv, blowing out windows and sending smoke into the air, though no one was killed. In Kuwait, air defense shrapnel hit power lines causing outages, while Saudi Arabia reported destroying 19 Iranian drones targeting its oil-rich Eastern Province. Israeli Prime Minister Benjamin Netanyahu said Israel will continue strikes against Iran and Lebanon, adding 'there's more to come.'
Trump's extension offers a reprieve from threatened strikes on Iranian power plants that could have cut electricity to millions and knocked out desalination plants providing drinking water across the Gulf region. However, analysts note Trump has not yet achieved his stated war objectives, particularly preventing Iran from acquiring nuclear weapons. According to Princeton professor Robert Goldston, Iran has already completed 99% of the centrifuge work required to produce weapons-grade uranium for nine nuclear weapons. The president said any deal would require the U.S. to 'take' Iran's enriched uranium, though he provided no details on how that would happen.
Editor’s rationale — Major institutional impact from active military escalation between Iran and Israel with direct U.S. involvement in ongoing conflict; nationwide/global scope affecting oil markets, shipping, and multiple nations; high durability as foundational geopolitical conflict; moderate novelty as developments are tactical/operational updates rather than structural policy shifts; verification solid from official statements (Trump, Netanyahu, Iranian officials) but some claims disputed by Iran regarding negotiations.