Trump weighs more Iran strikes after meeting Qatar's emir · Hormuz traffic still crushed as Tehran holds seven conditions · Zelenskyy: every Ukrainian power plant hit; Trump touts big Russia deal

High · Nov 6, 2026, 5:49 AM ET

Middle East · Strait of Hormuz · Ukraine/Russia · United States

Risk stays high on Friday, Nov. 6. Diplomacy and strike planning are running in parallel over Iran, Hormuz shipping remains far below normal, Ukraine's power grid is under sustained attack, and oil has bounced after this week's midterm plunge.

Iran and the Strait of Hormuz: President Trump met his national security team and told reporters the US will soon decide whether to go further against Iran, warning he may have to "destroy the rest of the country." He also spoke with Qatar's Emir Tamim about mediation aimed at de-escalation. Iran's security chief Mohsen Rezaei met Vladimir Putin in Moscow and delivered a letter from Supreme Leader Mojtaba Khamenei; Rezaei said Tehran will neither reopen Hormuz nor negotiate until Washington meets seven conditions. A senior Iranian official told Reuters Iran has sent a nuclear proposal to the US via Qatar, but only for discussion after those conditions are met. UKMTO / JMIC Update 111 (dated Nov. 5) reported four Hormuz attacks in 96 hours and said commercial traffic stays substantially below the 2025 baseline, with only single-digit to low-double-digit daily transits. Iran's Guards again claimed two oil tankers caught fire after striking mines on unauthorized routes; that is Iran's account. Separately, Saudi air defenses intercepted Houthi ballistic missiles and drones aimed at Najran, Medina and the Mecca region.

Ukraine/Russia: Zelenskyy told Latin American leaders in Madrid that every power plant in Ukraine has been damaged in some way by Russian missiles and drones, including equipment tied to nuclear plants, and that Ukraine urgently needs transformers, cables and generators. Overnight and Friday morning strikes caused new outages in seven regions, with the Kyiv area hardest hit, according to Ukraine's deputy energy minister. Trump said after privately meeting Putin's envoy Kirill Dmitriev at the White House that a "big" agreement covering Ukraine and possibly "all of Europe" is near; he did not meet the Ukrainian deleg

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