
Qatari mediators are in Tehran with a revised US draft deal as four oil tankers hit mines in the Strait of Hormuz. Updated 03:00 UTC 31 Oct 2026.
244Days of war
Hormuz daily transits
2 (baseline: 85)
Shipping volume vs pre-war
-70%
Tankers hit by mines Oct 30-31
4
Sailors rescued by Oman from burning tanker
25
US military spending on the war
$47B+
US service members killed
23
"It's going to get wrapped up soon. We need a guarantee there'll never be a nuclear weapon.
"President Trump
What happens in the next 7 days
Iran delivers formal response to Qatari draft -- no public timeline given
Possible Vance direct meeting with Iran's Rezaei in Doha or Istanbul within a week
Nov 3 -- US midterm elections; Trump has pledged no strikes before this date
Post-Nov 3 -- US and Israel have drawn up joint strike plans if no deal; Gulf states told to prepare
If deal -- phased Hormuz reopening, sanctions waivers, IAEA inspectors, nuclear talks to follow
If no deal -- analysts expect high-intensity campaign beginning mid to late November
What is not yet confirmed: names of the 4 tankers; Iran's official response to the Vance letter; whether the Qatari draft has been accepted or rejected. Iran's IRGC mine claims have not been independently verified by maritime authorities. Last updated 03:00 UTC 31 Oct 2026. Sources: IRNA (primary), Al Jazeera liveblog, CBS News live blog, Straits Daily Brief, Latin Times.