Iran rejects latest ceasefire proposal as Trump deadline approaches

Key Points:

• Iran has rejected a U.S. ultimatum to reopen the Strait of Hormuz, conveying its response through Pakistan, a key mediator, amid ongoing negotiations involving Egyptian, Pakistani, and Turkish officials proposing a 45-day ceasefire.
• Israel conducted airstrikes targeting Iranian military and infrastructure sites, including Tehran airports and the South Pars natural gas field, killing top Revolutionary Guard commanders, while Iran responded with missile and drone attacks on Gulf neighbors and northern Israel.
• The conflict and Iran's control over the Strait of Hormuz, a critical oil shipping route, have caused global oil prices to surge, with Brent crude reaching around $109 per barrel, exacerbating economic instability worldwide.
• Airstrikes across Iran have resulted in over 25 deaths, including attacks near Tehran's Sharif University of Technology and residential areas, while violence continues in Lebanon and other regional hotspots, with thousands killed and displaced since the war began.
• U.S. President Trump has issued multiple deadlines threatening severe consequences for Iran if the strait remains closed, describing Iran as a weakened adversary but maintaining a firm stance on reopening the vital shipping corridor.