The Iran war has disrupted global trade as regional powers prepare to bolster Saudi Arabia's defences. Qatar said talks to end the war remained active and backed the Mecca defence alliance, but added that it was too early to discuss joining the pact.
German Chancellor Friedriz Merz's visit to Ukraine was met with Russian missiles as he pledged €1.3 billion to Kyiv. In Iran, the deputy foreign minister says Washington is reviewing Tehran's proposal to end the war. And in Brazil, Bolsonaro wins the first round of the presidential election.
The war has choked shipping through Hormuz and disrupted Gulf exports. Qatar said it has continued to mediate between Washington and Tehran, warning that the fallout has now affected multiple sectors and not just energy.
Months into the war with Iran, Gulf exporters are finding ways to keep oil and gas moving, but crossing Hormuz remains risky and some customers are still missing contracted cargoes.
Speaking at the UN General Assembly on Tuesday, Trump asked whether he should "annihilate the Islamic Republic" or offer it a deal to rebuild before telling reporters that US and Iranian officials had met on the sidelines. Most of Iran's delegation walked out during his speech.
Massad Boulos, senior adviser to the US president on Arab and Middle Eastern affairs, said Donald Trump was working to end the months-long war, pointing out he was a "person who delivers".