Iran Rejects Ceasefire Before Trump Ultimatum Expires on Hormuz
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Iran has rejected a proposed ceasefire as a deadline from President Donald Trump looms to re-open the Strait of Hormuz or face further attacks on civilian infrastructure. The rejection is the latest blow to efforts to end the month-long war that has triggered a global energy crisis.
Iran rejected a proposed ceasefire as a deadline from President Donald Trump approaches. The country demands a permanent end to the war, lifting of sanctions, and reconstruction efforts. The US has threatened to destroy Iran's power plants and energy infrastructure if the Strait of Hormuz is not reopened. Fighting continued, with Israel, Kuwait, and the United Arab Emirates reporting Iranian attacks. Oil prices remain volatile, with Brent crude trading near $108 a barrel and US crude near $110 a barrel. The conflict has left thousands dead and brought vessel traffic through Hormuz to a near standstill.
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