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Is a turning point in the US-Iran situation approaching? The "seven prerequisites" remain the key threshold, with the US pushing military escalation to the decision-making threshold, choosing one of three options? After China, Russia officially enters the mediation! In the past 24 hours, the US-Iran situation has seen a slight escalation. The key contradiction remains Iran's demand that the US first meet Iran's "seven conditions" before returning to negotiations. Iran has already submitted this proposal to the US through Qatar, and the US is currently reviewing it. On the US side, after a meeting between Trump and the national security team, three options were presented: military strike, economic sanctions, or reaching an agreement, with military strike being the most important decision alternative. The US-Iran geopolitical tension has slightly increased. Meanwhile, Qatar, as the mediator, is still making efforts and currently promotes a two-day plan: On the first day, the US lifts the maritime blockade and releases some frozen assets; Iran invites the International Atomic Energy Agency to inspect the attacked nuclear facilities. On the second day, Iran reopens the Strait of Hormuz, then initiates negotiations on high-enriched uranium stockpiles. #US stocks suffer heavy sell-off: Philadelphia Semiconductor Index records largest single-day drop since March 2020. At the same time, Iran's Supreme National Security Council head Mohsen Rezaei met with Putin on Thursday, after which Iran stated that Russia is willing to help Iran end the war. Clearly, in terms of mediation, Iran does not rely solely on Qatar itself but also has alternative plans — Gulf countries + Russia (China is hidden). Other factors: The Turkish parliament approved Turkey's formal accession to the "Mecca Collective Defense Agreement," greatly increasing Middle East geopolitical risks. If the US and Iran restart the war, Iran will target Gulf countries.