India, Aug. 5 -- US-Israel-Iran War Latest Live News: Fresh diplomatic efforts to reduce tensions in the Middle East have raised hopes that one of the world's most important oil shipping routes could remain fully operational despite weeks of regional conflict. The United States has confirmed that commercial vessels continue to move safely through the Strait of Hormuz while negotiations involving Iran, Oman and other regional stakeholders gather pace.

The development has eased concerns in global energy markets, sending oil prices lower as investors anticipate a possible breakthrough that could stabilise crude supplies and international trade.

US-Israel-Iran War Latest Live News: US Military Confirms Strait of Hormuz Is Open

The U.S. mil...