Iran rejected ceasefire talks with the US as Israeli airstrikes targeted Tehran and Beirut during the seventeenth day of a regional conflict that has effectively closed the Strait of Hormuz.Iranian drone and missile attacks on energy infrastructure in Saudi Arabia and the United Arab Emirates pushed oil prices above 105 dollars per barrel following a strike on Dubai.President
Donald Trump sought to form a maritime coalition to secure oil transit routes after Japan and Australia declined to send warships to the volatile Middle Eastern waters.