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.
