China senses a glimmer of peace as US-Iran talks surface amid Israeli strikes

China’s Wang Yi says a “glimmer of hope” for peace has emerged as signals from the US and Iran point toward negotiations, even as Tehran insists it is not negotiating for now and Trump touts talk of a deal; Israel continues strikes against Iranian targets and Hezbollah positions, with spillover into Lebanon, while Gulf states grow wary of mediation efforts. Markets react to the de‑escalation uncertainty with mixed stock performance and rising oil prices amid heightened regional tension.