Current Affairs
US, Iran Clash Near Hormuz as Response on Proposed Deal Awaited
US forces targeted Iranian military assets near the Strait of Hormuz after attacks on three US warships, with no vessels hit. A monthlong ceasefire remains in effect as Iran prepares to respond to a US-proposed deal within two days via Pakistan. Trump threatened more intense strikes if Iran refuses terms, while Brent crude rose 1.3% to $101.38 a barrel and energy markets reacted to the escalation.