US-Iran Talks in Doha Enter Third Day as Gulf States Brace for Impact on Strait of Hormuz

Indirect negotiations between the United States and Iran continued for a third day in Doha on Sunday, with Qatari mediators working to secure the release of over $6 billion in frozen Iranian assets. A breakthrough could lead to the reopening of the strategic Strait of Hormuz, a vital chokepoint for global oil shipments, and potentially revive talks on Iran's nuclear program. Gulf officials are reportedly 'braced for the worst' as they await Washington's response to Tehran's proposal, with the US midterm elections looming on Tuesday. The outcome could significantly affect regional stability and energy markets, which have been strained since Iran restricted access to the strait. Qatar's role as intermediary highlights its diplomatic balancing act between Iran and Western allies. With billions of dollars and critical shipping lanes at stake, all sides are weighing the risks of escalation against the benefits of de-escalation. The next 48 hours could prove decisive for both diplomacy and global energy security.