Iran is negotiating with Qatari mediators on a two-day plan to reopen the Strait of Hormuz, even as its security chief threatens "new weaponry" and Trump says the US still has targets to "take care of

What happened: Iranian officials are speaking with Qatari mediators about a two-day plan to reopen the Strait of Hormuz and restart peace talks with the US, provided Washington meets Tehran's demands. Key numbers: Talks centre on reopening the Strait of Hormuz within two days. Why it matters: Both sides say they are ready for renewed military escalation even as diplomacy continues. Trump said talks were "going fine" but the US still had Iranian targets to "take care of", while Iran's security chief threatened "new weaponry" in response to any future attack.

Iranian officials are speaking with Qatari mediators about a two-day plan to reopen the Strait of Hormuz and restart peace talks with the US, provided Washington meets Tehran's demands.

Both sides say they are ready for renewed military escalation even as diplomacy continues. Trump said talks were "going fine" but the US still had Iranian targets to "take care of", while Iran's security chief threatened "new weaponry" in response to any future attack.