US and Iran on Brink of Deal as Oil Prices Soar

US-Iran war news: Efforts are ongoing to finalise the text of an agreement between Washington and Tehran, and its completion could be announced within the next few hours, Al Arabiya reported on Wednesday, citing sources. Check LIVE updates here | World News

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US and Iranian negotiators are racing against the clock to finalize a peace treaty, with US President Donald Trump giving them a 72-hour ultimatum to reach an agreement.

Meanwhile, oil prices have surged as tensions between the two nations escalate, with Trump predicting a significant drop in prices once a deal is reached.

Israel's military is on high alert, with reports of Israeli strikes killing nine people in Lebanon, while a ceasefire is in place.

The Israeli government has also captured a ship carrying aid to Gaza, the 77th vessel to be stopped in the ongoing blockade.