Donald Trump’s latest address rattled markets, with oil prices jumping as he gave no clear plan to reopen the Strait of Hormuz. Trump said the war with Iran is (nearing completion) but warned of possible escalation in the coming weeks, while Iran’s military rejected claims it has been significantly weakened.

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Donald Trump said Iran has requested a ceasefire, but the US will only consider it if the Strait of Hormuz is reopened. Iran pushed back, with the Islamic Revolutionary Guard Corps saying the strait is fully under its control, underscoring ongoing tensions and conflicting claims about any potential peace talks.

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US gas prices have hit about $4 per gallon the highest since 2022 as the war with Iran disrupts global oil supply. The conflict has effectively shut down tanker traffic through the Strait of Hormuz, a route that normally carries around 20% of the world’s oil, pushing crude prices sharply higher and driving the spike in fuel costs.

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Donald Trump threatened to destroy Iran’s energy infrastructure if no deal is reached with Iran, which rejected US peace terms as (unrealistic) Oil prices surged above $116 amid the escalation, while deadly strikes continue across the region, including in Iran and Lebanon, highlighting the growing humanitarian and economic impact of the war.

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Iran’s parliament speaker warned that Iranian forces are (waiting) for US troops and accused United States of planning a ground invasion despite talk of negotiations. Meanwhile, US Central Command confirmed that the USS Tripoli carrying around 3,500 personnel has arrived in the region, significantly boosting US military presence.

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The Houthis have escalated the conflict, launching missiles toward Israel in support of Iran, marking their direct entry into the war. The expansion of the conflict comes as additional US forces deploy to the region, raising concerns of a broader regional war.

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Iran backed Houthis have entered the war, launching missiles toward Israel for the first time in support of Iran.

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The White House says talks with Iran are progressing, but Foreign Minister Abbas Araghchi denies formal negotiations, highlighting conflicting signals. Meanwhile, strikes continue across the region, with casualties reported in Abu Dhabi, and Iran reinforcing defenses around Kharg Island amid fears of a potential US operation.

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About 1,000 US troops from the 82nd Airborne Division are set to deploy to the Middle East despite Donald Trump signaling optimism about ending the war with Iran. Fighting continues, with strikes hitting Tehran, Israel, and Kuwait International Airport, while Iran maintains control over shipping through the Strait of Hormuz prompting countries like Japan to tap oil reserves and others to declare emergencies.

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Donald Trump said the US may (wind down) Middle East operations, but officials report more troops are being deployed as tensions with Iran continue. Iran reportedly targeted the Diego Garcia base without success, while the US temporarily lifted some sanctions on Iranian oil to ease prices. Trump also criticized NATO allies and downplayed chances of a ceasefire.

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Donald Trump gave mixed signals on the war with Iran, saying US goals may be nearly complete but also that (we haven’t won enough) Meanwhile, Iran signaled it is ready for a long conflict and continued attacks on Gulf countries, while officials say recovering Iran’s underground uranium could require US ground troops.

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Israel says it is carrying out simultaneous strikes in Tehran and Beirut, targeting Iranian military sites and the Iran backed group Hezbollah, while Iran continues attacks on US allies in the region. Meanwhile, US State Department has ordered non emergency personnel to leave six Middle Eastern countries. Donald Trump said a larger US strike is still to come and outlined goals including destroying Iran’s missile and naval capabilities and ending its nuclear program.

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Kuwait’s Defense Ministry said (several) US fighter jets, reportedly including an F-15E, crashed near the Ali Al Salem Air Base on Monday. All crew members survived and are in stable condition. The cause of the crashes is unclear, and US officials, including US Central Command, are coordinating with Kuwaiti authorities as investigations begin.

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The death of Ali Khamenei after US strikes ordered by Donald Trump marks a seismic moment for Iran. It could open the door to regime change after decades of theocratic rule or trigger deeper instability, power struggles, and regional conflict. The outcome now depends on whether Iran’s weakened leadership collapses, regroups under hardliners, or faces widespread internal unrest.

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The Vatican has declined an invitation for Pope Leo XIV to join President Donald Trump’s proposed (Board of Peace) saying crisis management should remain under the United Nations. Cardinal Pietro Parolin said the Holy See was (perplexed) by aspects of the plan, which has expanded beyond Gaza reconstruction into a broader global peace body.

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