Trump warns Iran as Oman offers mediation

US President Donald Trump said there is a 'good chance' of a breakthrough in US-Iran talks but warned strikes would resume if no deal is reached.

Oman proposed a joint regional mechanism to manage the Strait of Hormuz, under which Iran would not exercise sole control.

Iran discussed Strait of Hormuz operations with Oman and Saudi Arabia, urging joint diplomatic efforts to stabilize the region.

The US halted its airstrike campaign against Iran over the weekend, raising hopes for a diplomatic solution.

Traffic through the Strait of Hormuz remains low due to Iran's tightened control since the war began, causing vessel attacks and oil price spikes.