President Donald Trump said the United States is not negotiating with Iran and does not plan to restart discussions, while Iranian Foreign Minister Abbas Araghchi said Washington was "begging" for negotiations on Tehran's terms. The Financial Times reported, citing two regime insiders, that Iranian officials have considered targeting U.S. military assets in Bulgaria and Cyprus if the conflict escalates, though CNBC said it could not independently verify the report. The United Arab Emirates suspended trade, commercial exchanges and financial transactions with Iran after reporting two ballistic missiles launched toward its territorial waters. Traffic through the Strait of Hormuz remains extremely low despite Trump's claim that it has reopened under U.S. control, and an attack on a cargo vessel killed one person. The developments point to stalled diplomacy and widening regional tensions after the 60-day ceasefire expired without an extension.