Iran defiant on eve of Trump’s ceasefire deadline
Summary
Iran rejected a US-brokered ceasefire proposal and refused to reopen the Strait of Hormuz ahead of President Trump's deadline to meet demands or face military action.
Key Points
- Iran refused a US-brokered ceasefire and reopening of the Strait of Hormuz ahead of President Trump's deadline.
- US President Trump threatened to destroy Iranian power plants and infrastructure if demands were not met by the deadline.
- Israel carried out airstrikes targeting Iranian infrastructure while Saudi Arabia intercepted ballistic missiles.
- Oil prices rose amid tensions with the Strait of Hormuz effectively closed, impacting global oil supply.