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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 steps in to mediate! In the past 24 hours, the US-Iran situation has seen a slight escalation. The core conflict 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 its high-enriched uranium stockpile. #美股遭大幅抛售：费城半导体指数创2020年3月以来最大单日跌幅 Meanwhile, on Thursday, Mohsen Rezaei, head of Iran's Supreme National Security Council, met with Putin, 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 plus Russia (China is in the background). 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-Iran war restarts, Iran will target the Gulf countries.