Iran-US war latest: Trump says Tehran not ready to make ‘right deal’ after threatening ‘Economic D-Day’

Key Points:

• US President Donald Trump stated that Iran is not ready to make the "right deal" despite Tehran's desire for an agreement, following threats of unprecedented economic sanctions by the US.
• Iran condemned the US sanctions as "economic terrorism" and an illegal assertion of extraterritorial sovereignty, while Iranian President Masoud Pezeshkian called for an end to the conflict, claiming Iran holds a position of power and dignity.
• Iran's military has shifted from a defensive to a more offensive doctrine, warning of broader retaliation to any aggression and emphasizing control over the strategic Strait of Hormuz amid regional geopolitical shifts.
• Trump declared the Strait of Hormuz as "American territory" and insisted that Iran must never obtain a nuclear weapon, despite data showing significantly reduced shipping traffic through the strait contrary to US claims of it being open.
• Reports indicate Iran is considering attacks on US military targets in Europe if the conflict escalates, with potential targets including bases in Cyprus and Bulgaria, reflecting heightened regional tensions.