US-Iran conflict continues as Trump signals potential end while Tehran threatens key shipping strait amid ceasefire uncertainty
The US-Iran military conflict remains ongoing, with President Trump publicly stating the war is in its 'final stages', suggesting optimism about a near-term resolution. However, Iran has not agreed to terms and is reportedly demanding concessions in any potential deal. Diplomatic pressure is being applied on the US side from Gulf allies and domestic political considerations. Simultaneously, Iran has threatened to close the Bab el-Mandeb Strait, a critical global shipping chokepoint, as a retaliatory measure against the US and Israel. This threat has contributed to volatility in oil markets, with some analysts warning of significant price increases. A ceasefire has been discussed but its stability remains uncertain, with both sides holding firm on key positions.