US President Trump has issued an ultimatum to Iran, threatening military action if the Strait of Hormuz is not reopened by a set deadline. Iran rejected a 45-day ceasefire proposal, demanding a permanent end to the war. Tensions are escalating amid ongoing military clashes between Israel and Iran, including an Iranian ballistic missile strike on the UAE.
Israel announced it struck an Iranian petrochemical facility and a ballistic missile system site linked to weapons production. Missile fire triggered sirens and impacts across central Israel, while Israel warned Iranian civilians to avoid rail infrastructure. Tensions are escalating with reports of explosions and attacks on both sides.
Tensions escalated as Iran fired ballistic missiles at Saudi Arabia, leading to the closure of the King Fahd Causeway. US President Trump threatened to attack Iranian power plants and bridges if the Strait of Hormuz is not fully reopened. These military threats and geopolitical risks are driving up international oil prices and burdening the global economy.