Hours Before Ceasefire Ends: Qalibaf Rejects "Negotiation Under Threat" While Birol Warns of Economic Collapse

 As the ceasefire expiration approaches early Thursday, Iranian Parliament Speaker Mohammad Baqer Qalibaf stated that Tehran will not accept negotiations with Washington under threat and naval blockade, affirming his country's readiness for "new cards" on the battlefield. Economically, energy markets recorded sharp spikes, with Brent crude jumping from $72 before the war to $94 today. While President Trump hints at a visit to Islamabad to sign a potential deal, the IEA warned that the war ongoing since last February has cost the world massive inflationary losses that will take years to recover from.