Ceasefire Rejection

The US completed a 13th consecutive night of strikes on Iran, while Tehran rejected a US ceasefire proposal mediated by Iraq’s prime minister and threatened to attack Tel Aviv if the war expands. Brent crude surged past $100 per barrel as Houthi attacks in the Red Sea continued to disrupt shipping. Israel conducted controlled blasts in south Lebanon despite a ceasefire framework, and a shooting near the West Bank settlement of Havat Gilad injured an Israeli man.