Trump’s Ceasefire Pitch Mocked

Iran has dismissed recent US efforts at a ceasefire, with military spokesperson Lt. Col. Ebrahim Zolfaghari claiming Washington was “negotiating only with itself.” The statement came after the Trump administration reportedly sent a 15-point peace plan to Tehran via Pakistan.

The World Trade Organization warned that the closure of the Strait of Hormuz, through which a third of the world’s fertilisers pass, could worsen food shortages and push global prices higher. Meanwhile, oil prices tumbled nearly 6% on hopes of a potential deal, with Brent crude at $98.30 per barrel and West Texas Intermediate at $87.72. Asian shares also gained on the news.

Tensions in the region intensified further as Zionist strikes in Lebanon reportedly killed nine people, including residents of towns and a Palestinian refugee camp.

Adding to the strain, President Trump approved the deployment of over 1,000 troops from the 82nd Airborne Division to the Middle East, a move Iran has warned could provoke mining of the surrounding waters. The situation leaves global markets and regional security on edge, as diplomacy struggles to keep pace with escalating conflict.