Israel Iran War Day 38 Updates: US, Iran explore 45-day ceasefire as UAE intercepts attacks, oil tops $110 per barrel

US Israel Iran War News: Diplomatic efforts are underway for a 45-day ceasefire in the Iran-Israel war, with a two-phase proposal aiming for a permanent end to hostilities. Despite urgent negotiations and a US deadline, chances for a deal remain low amid escalating attacks, rising oil prices, and warnings of wider regional conflict.