Iran Conflict Nears Three Months; Jeffrey Sachs Warns Of Global Oil Crisis? | Frankly Speaking

As the Iran war approaches three months, tensions remain high with no clear breakthrough in sight. The conflict appears locked in a stalemate, with neither the United States and Israel nor Iran able to secure outright victory. The closure of the Strait of Hormuz continues to impact global oil supplies, including India. Amid growing concerns, US President Donald Trump warned that America was close to launching fresh strikes on Iran. Iran, meanwhile, has submitted a 14-point peace proposal to the United States, raising hopes for renewed negotiations. Key issues remain whether Iran will be allowed to enrich uranium for peaceful purposes and whether the Strait of Hormuz will reopen for global trade.#timesnow #englishnews #iran #trump #usa #israel #oil #hormuz #war #diplomacy

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