Iran has reportedly submitted a new proposal that defers discussion of its nuclear programme until the war ends and disputes over Gulf shipping are resolved.

Donald Trump said Chinese President Xi Jinping offered to help the US negotiate with Iran to reopen the Strait of Hormuz. Trump told Fox News that China’s heavy dependence on Gulf oil makes Beijing eager to keep the crucial trade route open and stable as tensions continue to rise in the Middle East.

Vice President JD Vance and White House officials departed Islamabad, Pakistan after failing to reach a peace agreement with Iran on Sunday.

The United States and Iran failed to reach an agreement after a day of highly anticipated face-to-face peace talks, Washington's lead negotiator Vice President J.D. Vance announced on Sunday.

Iran and the United States reached an impasse again over how to end their war while their ceasefire grew increasingly shaky, with the two sides exchanging fire in recent days.

Each side blamed the other for the failure of the 21-hour negotiations to end fighting that has killed thousands and roiled the global economy.

Vice President JD Vance said the US and Iran failed to strike a peace deal to end the six-week war rocking the Middle East, blaming Tehran’s refusal to give up its nuclear ambitions — leaving uncertainty over whether fighting will resume. Vance ...

(Refiles to add missing word in headline) By Georgina McCartney HOUSTON, May 11 (Reuters) - Oil prices settled almost 3% higher on Monday after U.S. President Donald Trump said the ceasefire with Iran was "on life support,