Today marks the end of the truce between the United States and Iran, with President Trump stating it's 'highly improbable' he will prolong the agreement without reaching a deal by Wednesday night. Three US aircraft carriers are currently deployed in the Middle East as the Strait of Hormuz remains largely blocked, causing oil prices to surge to $96 per barrel in what the International Energy Agency describes as the most significant energy supply disruption ever recorded. Iran has put forth a new request through Pakistani intermediaries for a ceasefire extension, yet Trump has halted talks — leaving the region poised for a potential return to military conflict.
