US vice-president writes to top Iranian security official in sign Washington has not abandoned diplomacy

Hopes of averting a major new conflagration between Iran and the US soon after Tuesday’s midterm elections could rest on Iran’s response to a personal letter from the US vice-president, JD Vance, offering to restart diplomacy.

The letter, written after predominantly Qatari mediation, was sent to the secretary of Iran’s supreme national security council, Mohsen Rezaei on Sunday. It requires Tehran to agree to make commitments on its nuclear programme at the start of a process that would lead to the opening of the strait of Hormuz within seven days in return for US sanctions relief.

Energy firm to return $5bn to shareholders as climate campaigners criticise high profits

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Shell has doubled its profits in the last quarter after the Middle East conflict drove up the price of oil and gas and created shortages in the global market.

Shell reported on Thursday morning that it made an adjusted profit of $10.8bn (£8.1bn) in the July-September quarter, up from $5.432bn in the third quarter of 2025. The results beat analyst expectations for a rise to $10.33bn.

Energy firm to return $5bn to shareholders as climate campaigners criticise high profits

• Business live – latest updates

Shell has doubled its profits in the last quarter after the Middle East conflict drove up the price of oil and gas and created shortages in the global market.

Shell reported on Thursday morning that it made an adjusted profit of $10.8bn (£8.1bn) in the July-September quarter, up from $5.432bn in the third quarter of 2025. The results beat analyst expectations for a rise to $10.33bn.