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Tensions are escalating between the United States and Iran amid a possible Iranian escalation against American and Israeli targets in the region, especially in the Strait of Hormuz. The Iranian Revolutionary Guard has threatened to launch widespread attacks on American bases if the escalation continues, while Iran's Foreign Minister confirmed Tehran's readiness to give diplomacy another chance, provided there is genuine US willingness. He also warned of a strategic failure if the peaceful option is ignored. On the other hand, Trump denied any current negotiations with Iran, as Israeli preparedness and military responses continue. Additionally, fires have broken out on ships in the Strait of Hormuz following collisions, posing a threat to global energy market stability and leading to a rise in oil prices and a potential significant economic slowdown in the region.
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