US Iran War Live News Updates: Saudi Arabia cuts Arab light crude oil OSP for Asia for November

Oct 5, 2026 05: 27 AM IST. Iran MP threatens regional oil exports if Tehran's shipments stop.

Key points

• Europe and US: Arab Light for Northwest Europe is set at plus $0.85 against ICE Brent, up $3 from October.
• Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman agreed during a virtual session to maintain their September required production levels through November, OPEC stated.
• Aviation watchers, including the Military Air Tracking Alliance, say dozens of B-52 and B-1 bombers have flown from Fairford since the first days of the Iran war.
• Confirming the latest development, Iranian Deputy Foreign Minister Kazem Gharibabadi stated that Tehran is evaluating the terms delivered by the third-party channels, Al Jazeera documented.
• Iran is at present assessing a response from the United States regarding a diplomatic proposal proposed during United Nations meetings in New York City, ANI noted.

Iran would prevent other countries from exporting oil through the region if Tehran could no longer export its own crude and petroleum products, Abdolhossein Hemmati, secretary of parliament's Energy Committee remarked Sunday.

He additionally stated Iran would try to push global oil rates above $110 a barrel, arguing that regional conditions and disruptions to energy transport routes could drive costs higher. Oct 5, 2026 05: 25 AM IST. IRGC commander claims US warships have withdrawn from region.

Senior Revolutionary Guards commander Ali Fadavi remarked Sunday that no US naval vessel is at present present in the Persian Gulf, Strait of Hormuz, Gulf of Oman or even the northern Indian Ocean.

Fadavi, head of the advisory group to the Guards' commander-in-chief, informed Iranian state television that Iran had maintained control of the Strait of Hormuz throughout recent months.

"The Americans have fled and moved more than 1, 000 kilometers away from our borders, " he remarked, attributing the withdrawal to Iran and the Revolutionary Guards' naval power. Oct 5, 2026 05: 22 AM IST. Araghchi warns Iran's response to renewed military action would be stronger.

Iranian Foreign Minister Abbas Araghchi cautioned Sunday that Iran would respond more forcefully than before if its adversaries again chose military action and went on that Tehran remained committed to diplomacy.

"If the enemies once again choose the path of military confrontation and war, Iran's response will be much stronger and more decisive than in the past, " Araghchi informed ambassadors, diplomatic mission chiefs and representatives of international organizations in Tehran, according to a post on his Telegram channel. Oct 5, 2026 05: 21 AM IST. OPEC+ keeps November oil output targets steady against the backdrop of Iran war.

Seven major OPEC+ producers agreed Sunday to keep their oil production targets unchanged for November as the Iran war continues to disrupt global supplies and Brent crude trades above $100 a barrel.

Meanwhile, the seven countries will meet again on Nov. 1 to review market conditions.

In practice, the decision comes as the war with Iran. It began with US and Israeli attacks on Feb. 28, has disrupted oil exports from the region. Persian Gulf OPEC+ producers have been pumping well below their targets, with exports fluctuating between 60% and 80% of normal levels in recent months, Reuters documented. Oct 5, 2026 05: 15 AM IST. Iran reviewing US response to diplomatic proposal presented at UN: Gharibabadi.

In practice, the proposal, originally outlined by Iranian Foreign Minister Abbas Araghchi, was conveyed to Washington through diplomatic intermediaries in a bid to address ongoing regional tensions.

Confirming the latest development, Iranian Deputy Foreign Minister Kazem Gharibabadi stated that Tehran is evaluating the terms delivered by the third-party channels, Al Jazeera documented. Oct 5, 2026 05: 14 AM IST. Iran airlines resume flights to Iraqi holy city after US exemption.

Iranian airlines resumed flights to Iraq's Najaf on Sunday after the United States granted Baghdad an exemption allowing sanctioned Iranian carriers to operate to the city holy to some Muslims, an AFP correspondent remarked.

Najaf airport official Hussein Muhanna informed AFP that "flights between Iraq and the Islamic Republic of Iran have resumed via Najaf International Airport." Oct 5, 2026 05: 04 AM IST.

US Air Force removes all bombers from British air base targeted by a suspected terror attack.

After an investigation into a planned terror attack on the site, the Associated Press (AP) noted, the US Air Force has flown its bombers home from RAF Fairford in England, the base applied for strikes on Iran.

Notably, a Pentagon official, who was not allowed to discuss sensitive military moves and spoke on Sunday on condition of anonymity, remarked the bombers have returned to their home bases in the United States.

Aviation watchers, including the Military Air Tracking Alliance, say dozens of B-52 and B-1 bombers have flown from Fairford since the first days of the Iran war. Observers saw a number of B-1s leave the base on Sunday.

In practice, the move comes as President Donald Trump weighs his options on Iran, including fresh strikes. He first informed Americans the campaign would last only weeks. Oct 5, 2026 05: 02 AM IST. No military solution to the US's war, notes Iran's FM.

Iran's FM Araghchi remarked there would be no military solution to the US's war.

"If our enemies again choose the path of military confrontation, our response will be stronger than before and we will defend ourselves with even more force, " he remarked at a gathering of foreign ambassadors.

"There is no military solution, nor any solution based on new sanctions, " he continued, adding, "only negotiations based on justice and fairness" could end the conflict. Oct 5, 2026 05: 01 AM IST. Kuwait condemns Israeli violations in Syria.

Kuwait's Foreign Ministry has expressed the country' "strong condemnation and denunciation of the ongoing violations perpetrated by the Israeli occupation in the territories of the fraternal Arab Republic of Syria".

It continued that the latest violation "was the completion of work on what is known as the Sofa 53 Line". Oct 5, 2026 05: 00 AM IST. Iran oil minister resigns: state media.

As the country faces long queues at petrol stations due to the impact of the Middle East war, iran's oil minister Mohsen Paknejad has resigned, the president's office remarked in an official note on Sunday.

"Following the acceptance of Mohsen Paknejad's resignation, Hamid Bovard", the CEO of the National Iranian Oil Firm, "has been appointed as acting Minister of Oil by a decree from the president", stated the statement carried by state broadcaster IRIB, according to AFP. Oct 5, 2026 04: 59 AM IST. Explosion sound heard near Qeshm Island: IRNA.

Meanwhile, the sound of an explosion was heard from the direction of the sea near Qeshm Island in southern Iran, state news agency IRNA documented Sunday. IRNA remarked no impact had been noted on the island itself. Oct 5, 2026 04: 58 AM IST. Multiple explosions seen near vessel off Yemen: UKMTO.

Notably, the United Kingdom Maritime Trade Operations (UKMTO) remarked it received a report on Sunday of an incident 60 nautical miles south of Al Mukha, Yemen, where a tanker sighted multiple explosions in close proximity to the vessel.

Notably, the crew was documented safe and no environmental impact was noted, UKMTO continued. Oct 5, 2026 04: 58 AM IST. Passengers disembark from an Iranian aircraft after Iranian airlines resumed.

Passengers disembark from an Iranian aircraft after Iranian airlines resumed service to Najaf International Airport in Najaf, Iraq. (Photo: AP). Oct 5, 2026 04: 56 AM IST.

Saudi Arabia cuts Arab light crude oil OSP for Asia for November.

Saudi Arabia has cut the November cost of its Arab Light crude for Asia by $3 a barrel, to $5 below the Oman/Dubai average, a pricing document demonstrated on Monday, according to Reuters. While OPEC+ agreed on Sunday to keep output targets steady for November, state oil firm Saudi Aramco additionally set rates for Europe and the United States.

Asia: Arab Light is now $5 below the Oman/Dubai average. While medium and heavy grades fall by $5, light grades fall by $3.

Europe and US: Arab Light for Northwest Europe is set at plus $0.85 against ICE Brent, up $3 from October. For the US it is plus $4.60 against ASCI, unchanged.

OPEC+: Saudi Arabia and other members kept November production targets steady. Reuters remarked further changes are unlikely until next year. Oct 5, 2026 04: 53 AM IST. Hello and welcome to our live blog.

We will bring you the latest updates from the US, Iran, the Middle East and worldwide.

In short, US Iran War Live News Updates: Saudi Arabia cuts Arab light crude is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.