Overview
- Israel, which said Monday it launched a large wave of strikes in Tehran, reported explosions across the capital as Iranian media described blasts in the north, center, east and west of the city.
- President Trump’s 48-hour demand that Iran fully reopen the Strait of Hormuz faces a Monday night cutoff, with his post timestamp placing the deadline at 23:44 GMT and warning U.S. strikes on Iranian power plants if it is not met.
- Iran answered that it would fully close Hormuz, lay naval mines across Gulf shipping lanes, and hit power, desalination, and IT infrastructure in the region, with the Revolutionary Guard vowing to target Israeli grids and electricity feeding U.S. bases.
- Global supply has already taken a major hit, with the IEA estimating about 11 million barrels per day lost and ship-tracking firm Kpler reporting a 95% collapse in Hormuz transits that usually carry roughly one-fifth of the world’s oil.
- The conflict is widening across the region, with Gulf states reporting interceptions of missiles and drones, Israel blowing up a key bridge in south Lebanon that Beirut called a prelude to invasion, and weekend Iranian missiles wounding more than 100 people in the Israeli cities of Dimona and Arad near a nuclear research site.