Qatar’s Prime Minister and Foreign Minister Al Thani said Doha will coordinate with Egypt to promote a final agreement on the Iran issue aimed at ending the war and military escalation. Qatar also stressed the need to preserve freedom and safety of navigation in the Strait of Hormuz and the Bab el-Mandeb Strait, condemning actions that obstruct international shipping. The latest remarks expand Qatar’s earlier call for maritime traffic through Hormuz to return to pre-conflict levels and for parties not to use disrupted shipping as blackmail. Markets had interpreted those comments as a possible de-escalation signal, with prediction-market pricing indicating lower odds that the U.S. would impose fees on Hormuz traffic. The developments underscore Gulf states’ interest in secure maritime chokepoints that are important to global oil shipments and international trade. Further diplomatic initiatives involving Qatar, Egypt, the U.S. and Iran, as well as negotiations, military actions, possible U.S. policy changes on maritime fees or tolls, and reactions from other Gulf states and international stakeholders, could affect regional diplomacy, shipping stability and market dynamics.