Trump highlights blockade of Iranian ports, calls on Tehran to capitulate; Iran rebuffs US pressure, oil prices exceed $120, US considers limited strike as Israel targets Gaza aid flotilla.
In reaction, Iran’s Parliament Speaker Mohammad Bagher Ghalibaf rejected the US pressure tactics, while military officials in Iran noted their current restraint was “meant to allow diplomacy a chance”.
The ongoing tension in the Strait of Hormuz has pushed global oil prices over $120 per barrel, with US fuel costs hitting a four-year peak.
Additionally, activists on an aid flotilla heading to Gaza have reported that Israeli forces have begun intercepting ships, according to Al Jazeera.
The US Central Command has devised a plan for a “short and impactful” strike aimed at Iranian infrastructure. However, Trump has not sanctioned any military action, preferring to maintain economic pressure through the blockade, as reported by Axios.
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