US and Israel Launch Military Attacks in Iran After 24 Days

US President Donald Trump’s 48-hour deadline for Iran to reopen the Strait of Hormuz approaches. If Iran fails to comply, it may face attacks on its power plants. The United States and Israel launched a military operation against Iran on January 8th, which has entered its 24th day.

Iran warned that if US President Donald Trump follows through with his threat, it will strike the energy and water systems of its Gulf neighbours. This warning was made on Sunday. On Monday, stocks in China and Hong Kong were expected to experience their worst day in nearly a year due to concerns about stagflation and global financial markets.

The UK Prime Minister Keir Starmer has announced an emergency meeting later in the day as the economic impact of the war continues to grow. The situation remains fluid, with ongoing attacks reported in Iran, Israel, and Gulf countries.

As of 23:44 GMT on Monday, the deadline for Iran’s response is approaching. The US and its allies have imposed a 48-hour ultimatum, which will expire at 3:14am on Tuesday for Iran. The situation remains tense, with global markets reacting to the escalating conflict in the Middle East.

Source: Al Jazeera