Iran-US Tensions Escalate, Oil Prices Surge

0:00On April 6, Iran just shot down the latest ceasefire proposal from mediators like Egypt, Pakistan, and Turkey. They won a full permanent end to the war, complete with guarantees against future attacks. This comes hours before President Trump's ultimatum expires tonight at 8 p.m. Eastern, demanding Iran reopen the strait of Hormuz or face U.S. strikes, on power plants and bridges. Meanwhile, Israel launched a major hit on the massive South Paris natural gas field, the world's largest shared with Qatar, plus took out two top. Revolutionary guard commanders, including the head of intelligence. Officials say it's aimed at crippling Iran's revenue and energy output, severed from Trump's threats. The fallouts hitting hard oil prices are surging from Iran's strait blockade, which handles a fifth of global supply in normal times. Shaking. Economies worldwide. Gulf nations like Kuwait, UAE, and Saudi Arabia fired up air defenses against Iranian missiles and drones. In Israel,

1:01missiles slam Haifa, killing four and one family under rubble. Mediators report advanced talks via Pakistan, but Iran's foreign ministry calls ultimatums and threats incompatible with negotiations. Explosions rock Tehran with low-flying jets overhead, and Iran blames the U.S. and Israel while letting limited non-US ships through the strait after. Payments traffic's down over 90 percent. As Trump's deadline looms with no deal in sight, both sides stand firm, regional leaders urging restraint to avoid blacking out the whole Gulf. Europe news today, powered by AI, bringing you what matters across Europe.