Hambnei Rejects US Ceasefire: Iran Goes All the Way Iran’s new supreme leader, Mojtaba Hamenei, has rejected a US ceasefire offer, signaling a continued confrontation with the United States and Israel. This decision follows an intense escalation in the Middle East, including a US-Israel strike that killed the former supreme leader, Ali Hamenei, and subsequent Iranian retaliatory attacks on US military bases and Israeli targets. Iran’s closure of the Strait of Hormuz and attacks on oil infrastructure have led to a significant rise in global oil prices.

• New Iranian supreme leader Mojtaba Hamenei rejected a US ceasefire offer.
• Iran plans retaliation against the United States and Israel.
• The conflict escalated after a US-Israel strike killed former supreme leader Ali Hamenei.
• Iran launched attacks on Israeli targets and US military bases in the Persian Gulf.
• Iran closed the Strait of Hormuz, a key global oil transit route.
• Attacks on oil infrastructure have caused global oil prices to reach a four-year high.