LIVE UPDATES: Iran dismisses US ceasefire plan, issues its own counterproposal; Trump threatens to 'unleash hell'; Barnaby Joyce demands fuel rationing starts now

Iran has dismissed a US ceasefire plan and issued its own counterproposal, while its Houthi allies prepare to take control of the Bab el-Mandeb Strait. The strait is a vital chokepoint for global trade, particularly oil and natural gas shipments, and its potential capture could have significant implications for the region.
Iran's Houthi allies are preparing to take control of the Bab el-Mandeb Strait. The strait connects the Red Sea to the Gulf of Aden and the Indian Ocean. It's a vital chokepoint for global trade, especially oil and natural gas shipments. An Iranian military source warned that Tehran could open a front in the war if the US and Israel strike Iranian islands. The US had proposed a ceasefire, but Iran dismissed it and issued its own counterproposal.
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