US-Israel-Iran War News Live Updates: ‘Continuation of status quo intolerable for America’: Iran flays US with ceasefire on brink
The US and Iran have intensified hostilities in the Gulf, with fresh missile and drone strikes, despite a recent ceasefire, raising concerns about a broader escalation. The conflict has pushed up oil prices and increased shipping insurance costs, reflecting growing uncertainty in global markets.
The US and Iran have escalated hostilities in the Gulf, with missile and drone strikes, despite a recent ceasefire. The US launched 'Project Freedom' to reopen the Strait of Hormuz to commercial shipping, claiming success in escorting vessels and neutralizing threats. Iran rejected these claims and warned against foreign military presence. The conflict has widened, with reported explosions and fires on merchant vessels and strikes on UAE infrastructure, including an oil port in Fujairah. Diplomatic efforts are underway, with Iran indicating talks mediated by Pakistan are ongoing. Iranian officials emphasized that a military solution is not viable as tensions rise.
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