India, May 22 -- US-Israel-Iran War Latest News: The United States has temporarily paused a proposed $14 billion weapons package for Taiwan, with the Trump administration citing concerns over America's shrinking missile stockpile during the ongoing Iran conflict.

Iran says it's considering the latest U.S. peace offer, as President Trump says he's willing to wait "a couple of days" for a response.

The United Arab Emirates has made a more concerted push for an end to the Iran war in recent days, joining Saudi Arabia and Qatar in urging US President Donald Trump to give negotiations a chance, according to several people familiar with the matter.

There was a scheduled vote on the Iran War Powers resolution in the House on Thursday night, but it was pulled.

Global oil inventories are declining fast with just four to six weeks until gasoline, diesel and jet fuel prices shoot higher, analysts said.

Iran and United States are engaged in back-channel diplomacy via mediator Pakistan, in an attempt to find a permanent solution to the conflict in the Middle East. Reports say that Tehran is reviewing US response to its proposal as Iran's nuclear program,