Iran fired missiles at the USS Abraham Lincoln on Wednesday, according to state media. The strike came shortly after Iran warned it was closely tracking US naval movements in the region. Iran’s naval commander had said the carrier was under “constant Iranian monitoring.” He added that once it entered missile range, it would be targeted.   The development comes amid rising tensions between Iran and the US. Reports of a peace proposal earlier in the day also affected markets. Oil prices fell after the news. Brent crude dropped over 4 per cent to $100.32 per barrel. US West Texas Intermediate fell 3.4 per cent to $89.24. (PC: X)

The United States has sent a 15-point plan to Iran through Pakistan, which is acting as an intermediary. Reports say the plan includes dismantling Iran’s nuclear facilities in exchange for lifting sanctions. The details have not been made public. An Israeli minister said the plan is “beautiful on paper” but added Iran is “probably” unlikely to accept it. Iran’s military rejected the move. A spokesman said the US is “negotiating with itself” and added, “Someone like us will never come to terms with someone like you.” Meanwhile, Iran said “non-hostile vessels” can pass through the Strait of Hormuz. (PC: BBC)

Iran’s ambassador to India, Mohammad Fathali, said India can play a trusted role in reducing tensions in the Middle East. He said India has strong ties with Iran, the US, and Israel. This gives it a unique position to help. “India can certainly play an effective and positive role in reducing tensions,” he said in New Delhi. He added that India can help “reduce misunderstandings and strengthen diplomatic pathways.” His remarks came as the US called for talks and shared a ceasefire plan with Iran. However, Iran’s military rejected the idea of negotiations and continued its attacks in the region. (PC: NDTV)

The government has said LPG supply will stop if households do not switch to piped natural gas (PNG) where it is available. The Ministry of Petroleum and Natural Gas said supply “shall cease after three months” if users refuse PNG. Officials said LPG will continue only if PNG is “technically infeasible” and a no-objection certificate is given. The move aims to shift LPG to areas without pipelines. The government said there is no shortage of LPG. It also clarified that refill booking rules remain unchanged. “There is no cause for concern,” the ministry said, asking people not to spread rumours or panic. (PC: HT)

Iran has stopped a Pakistan-bound container ship at the Strait of Hormuz for not having prior approval. The vessel, SELEN, was heading to Karachi when it was forced to turn back. Iran’s Revolutionary Guard said the ship failed to follow “legal protocols”. “The passage of any vessel… requires full coordination,” a commander said. Iran has said only “non-hostile” vessels can pass after approval. The strait remains under tight control during the ongoing war. Attacks and restrictions have slowed shipping across the route. About one-fifth of global oil supply passes through the waterway, raising concerns over global trade and fuel flow. (PC: NDTV)

More than 1,000 people have been killed and over one million displaced in Israel’s latest strikes in Lebanon, according to an expert. Israel’s defence minister said forces will “occupy” areas up to the Litani River as a buffer against Hezbollah. Strikes have hit south Lebanon and parts of Beirut. “It is a humanitarian catastrophe,” former Indian envoy Sanjiv Arora said. Around 150 medical facilities have been damaged. UN-linked sites and heritage areas have also been hit. The escalation follows cross-border attacks by Hezbollah. The situation remains tense, with no clear timeline for de-escalation or talks. (PC: The Indian Express)

The Strait of Hormuz remains open but tightly controlled by Iran during the ongoing war. Shipping has dropped sharply, with only a few vessels allowed through daily. Around 20 ships have been attacked for crossing without permission. Reports suggest Iran may charge up to $2 million per tanker, though Tehran denies this. Vessels must share details and get clearance before entry. Many ships are now waiting near the strait. Insurance costs have also surged due to rising risks. About 20% of global oil passes through this route. The situation has made transport slower, costlier, and more uncertain for global energy supply. (PC: India Today)

India has enough fuel supplies despite global disruption from the Iran war, state oil companies said on Wednesday. Bharat Petroleum, Hindustan Petroleum, and Indian Oil said there is no shortage of petrol, diesel, or LPG. “Rumours of petrol and diesel shortages are completely unfounded,” BPCL said. HPCL also asked people not to panic or rush to buy fuel. The Strait of Hormuz remains affected, slowing oil shipments worldwide. Prime Minister Narendra Modi warned the war may have “serious consequences” and urged people to “be prepared for every challenge”. He said the government is alert and working to protect supply chains and public interest. (PC: HT)

Iran has said “non-hostile vessels” can pass through the Strait of Hormuz if they coordinate with its authorities. The statement came from Iran’s mission to the UN. The key shipping route remains under Tehran’s control during the ongoing conflict. Oil prices fell by about 6% after signs of possible talks. US President Donald Trump said negotiations to end the war are happening “now”. The Pentagon may send troops from the 82nd Airborne Division to the Middle East. Experts say this could increase pressure on Iran. Israel and Iran continue to exchange strikes. Reports also suggest the US has shared a 15-point plan, but this is not yet confirmed. (PC: BBC)

Amid the ongoing conflict involving Iran, the United States, and Israel, Tehran has set stringent conditions for any potential ceasefire. Reports indicate Iran is demanding the closure of all US military bases in the Gulf, complete lifting of sanctions, and financial compensation for war damages. Additionally, Iran seeks control over the strategic Strait of Hormuz, including the right to impose transit fees on global shipping. These demands come in response to a proposed peace plan, but are seen as highly ambitious, signalling difficult negotiations ahead as regional tensions continue to escalate. (PC: India Today)