US-Iran Conflict: 1. Data shows that US spending on the Iran war has exceeded $47 billion. 2. Israeli media: US officials say subsequent strikes against Iran will not be affected by Israel's cabinet formation process. 3. Axios: Saudi Arabia reques

2026-10-29

US-Iran Conflict: 1. Data shows that US spending on the Iran war has exceeded $47 billion. 2. Israeli media: US officials say subsequent strikes against Iran will not be affected by Israel's cabinet formation process. 3. Axios: Saudi Arabia requests Trump not to rush into war and to allow more time for negotiations. 4. US media: Mediators push for nuclear facility inspections in exchange for easing sanctions; negotiations fail, US and Israel may target the Iranian leadership. Peace Negotiations: 1. US media reports that Vance sent a letter to Iranian official Rezaei, attempting to restart peace negotiations. 2. US media: US-Iran negotiations and military preparations are proceeding in parallel; Gulf allies have conflicting accounts of whether they received notification of action. 3. Iranian Foreign Minister Araqchi: Iran says it is still willing to give diplomatic efforts a chance and strives to implement the "seven-day plan" within a week. 4. According to Al Arabiya TV: Mediators are consulting with Iran and plan to hold a meeting in Turkey before November 4; Iran is demanding that the seven-day deadline be shortened to four days. 5. When asked if he had instructed Vance to help initiate negotiations with Iran, Trump replied no. He also told Vance, "If you want to, that's fine too." 6. Reports indicate that Qatari mediators have proposed a new agreement to Iran to end the war; Iran states that Qatar has not yet proposed a new plan to end hostilities with the US; Israeli media reports that Iran may respond to Qatar's new proposal as early as Thursday. Other developments: 1. US Central Command: All shipping lanes in the Strait of Hormuz are free of mines. 2. Iranian media: The US has warned Israel against holding another election. 3. The Israeli parliamentary elections have completed ballot counting, with Netanyahu's camp currently in the lead. 4. According to Israel Today: When asked about the possibility of him working for an Israeli unity government, Trump said he would study the matter.