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Today, we try and get to the bottom of whether or not Iran and the US might be meeting at the negotiating table.

Whilst President Trump has previously said the two countries have already had productive conversations, Iran has denied the reports.

Lyse Doucet, chief international correspondent and Parham Ghobadi, senior reporter for BBC Persian explain who might be involved if talks do go ahead and the latest we know about what’s happening inside Iran.

Plus, Faisal Islam joins Adam for a deep dive into how all the uncertainty is affecting the economy. They unpack Rachel Reeves’ address to the House of Commons today and the measures she might take if the situation continues to escalate.

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00:00 Intro

01:03 Reporting challenges inside Iran

03:20 US–Iran talks and communication channels

07:26 Iran’s strategy

12:06 Internal situation in Iran

16:01 What is happening in the Strait of Hormuz?

17:22 What is happening with Trump’s deadline?

20:17 The UK economy

21:37 Reeves statement and government strategy

23:48 Energy bills and support measures

26:29 Fiscal rules and market pressures

35:28 How the energy price cap works

39:03 Key takeaways

40:29 What is happening with mortgages?

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Over the course of a few days, between a golf outing and a visit to the home of Elvis Presley, US President Donald Trump has said contrasting statements on the US-Israel war with Iran: That he is "winding down" the operation, yet he also threatened to "obliterate" Iran's power plants unless Tehran lifted its blockade in the Strait of Hormuz.

He then postponed those strikes, saying there had been constructive talks with Iran. Iranian officials have denied that any contact with the US had taken place.

A growing list of countries are said to be trying to mediate between Washington and Tehran, including Pakistan, Turkey and Egypt. And there are reports that Vice-President JD Vance, an outspoken opponent of long wars, could join the negotiations - which some analysts say is a possible change of strategy.

What is next in President Trump's plan for ending the war? Is there an exit strategy?

We speak to the BBC's North America correspondent Anthony Zurcher, who travelled with the president to Graceland.

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Russia has launched an unusual daytime attack on Ukraine, hitting cities across the west of the country with over 400 drones on Tuesday afternoon.

Lviv regional head Maksym Kozytskyi said the Bernardine monastery, a 16th-Century Unesco site, was damaged. A video posted by Lviv authorities shows a fire burning through the roof of a residential building near the monastery.

The head of the Ivano-Frankivsk region, Svitlana Onyshchuk, said two people were killed. Four, including a six-year-old child, were injured. Various buildings in the city as well as the maternity hospital were damaged.

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The Philippines has declared a state of national energy emergency, citing the "imminent danger" posed to the country's fuel supplies by the conflict in the Middle East.

President Ferdinand Marcos Jr said he had signed an executive order to safeguard energy security amid severe disruption to global supply chains.

The US-Israel war with Iran - and the effective closure of the Strait of Hormuz, a key shipping route - has sent shock waves through global energy markets, causing soaring prices and shortages.

The Philippines is highly dependent on fuel imports and particularly vulnerable to disruptions in production and shipments.

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What has happened in Venezuela since US forces seized president Nicolas Maduro?

Maduro, the deposed president of Venezuela, is due to appear in court in New York this week alongside his wife, Cilia Flores.

The pair face charges of cocaine trafficking and possession of machine guns, which they deny.

Meanwhile in their home country, the Trump-approved interim president, Delcy Rodriguez, has been making deals with the US government over Venezuela’s oil and critical minerals.

The BBC’s South America correspondent, Ione Wells, has been in Caracas to find out how much life has altered under Rodriguez’s leadership, and to what extend Donald Trump may see this regime change as a blueprint for US intervention elsewhere.

New episodes of The Global Story are released daily. If you’re in the UK, listen on BBC Sounds. If you live outside the UK, listen on BBC.com or wherever you get your podcasts.

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Chapters:

00:00 Introduction

01:23 What is happening inside Venezuela?

04:21 Who is in charge of Venezuela?

05:47 American relations with Venezuela

08:28 What's the US plan for Venezuela post Maduro?

14:26 Political opposition in Venezuela

17:32 How does the situation compare to the US-Israel war against Iran?

20:12 Has it gone to plan for Trump in Venezuela?

Iran has fired a barrage of missiles at central and southern Israel with strikes hitting the country's capital of Tel Aviv.

Officials say a missile containing 100kg of explosives left a massive crater in a residential neighbourhood in the city, as Israeli Prime Minister Benjamin Netanyahu doubled-down on his country's offensive on Iran in a short video.

Meanwhile, the US have said talks with Tehran remain "fluid" despite claims by Iranian officials that suggestion of talks between the two countries are "fake news".

Elsewhere, Lebanon has expelled the Iranian ambassador to the country after more strikes on Beirut overnight.

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Written prescription fees will be capped at £21 and practices will have to publish price lists of services in a major shake up to the UK's veterinarian sector.

The Competition and Markets Authority also said a price comparison website would be introduced to help boost competition and drive down prices faced by consumers.

The measures come after an in-depth investigation by the watchdog, which found prices had been rising at nearly twice the rate of inflation.

The British Veterinary Association said the measures "will help pet owners make more informed choices" but said vet practices had not been immune to rising prices.

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After more than 50 years, Artemis II plans to return man to the Moon.

But how will the mission unfold?

BBC Breakfast takes a look the journey Artemis II will take and the challenges of re-entry to the Earth's atmosphere.

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Donald Trump has announced that his threat to attack Iranian power plants has been put on hold, after what he called “very productive” talks with Iran about “a complete and total resolution of hostilities”.

However Iran said no such talks had taken place. The speaker of Iran’s parliament said Trump’s comments were “fake news” and were being used to manipulate the energy markets. The price of oil had plunged after Trump’s comments.

Israel’s Prime Minister Benjamin Netanyahu said its attacks on Iran and Lebanon would continue. It has continued its airstrikes on Iran’s capital Tehran. Iran has fired more missiles at the United Arab Emirates and at Saudi Arabia.

Reeta Chakrabarti presents BBC News at Ten reporting by James Landale, Gary O'Donoghue, Jeremy Bowen, Chris Mason, Faisal Islam and Caroline Hawley.

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US President Trump has extended his initial 48-hour ultimatum to Iran to unblock the Strait of Hormuz to five days. The president said Iran has "one more chance at peace", following what he called “good and productive conversations”.

But, while Sir Keir Starmer said he was aware the talks had taken place, Iran has denied speaking to the US and has called Trump’s claims of talks "fake news".

To help us make sense of the head-spinning pace of the US-Israel war with Iran, James and Chris are joined by economics editor Faisal Islam and chief presenter Caitriona Perry in Washington.

00:00 – Trump’s Iran Ultimatum

00:47 – UK Reaction

02:38 – Trump Pauses Strikes

06:16 – How Markets have Reacted

09:04 – Why Has Trump Postponed?

10:37 – UK Emergency Planning

11:41 – US Pressure from Rising Fuel Prices

13:15 – Israel Signals Continued Strikes

17:40 – Impact on UK Households

21:19 – Political & Economic Pressure

23:56 – Public Opinion on the war

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