Core Viewpoint - The article discusses the recent military conflict between Israel and Iran, detailing a series of airstrikes and retaliatory actions, culminating in a ceasefire agreement announced by President Trump. Summary by Sections Timeline of Events - On June 13, Israel launched a large-scale airstrike against multiple Iranian targets, including nuclear facilities, resulting in the deaths of several high-ranking Iranian military officials and scientists [1] - Iran retaliated on the same day with missile strikes targeting Israeli military centers and airbases [1] - On June 14, Israel continued its airstrikes, claiming to have killed over 20 Iranian military commanders and 9 senior nuclear program experts [1] - On June 15, Israel targeted Iran's defense and nuclear project headquarters, while Iran attacked Israeli oil production facilities [2] - On June 16, Israel reported the deaths of additional Iranian intelligence officials and claimed to have destroyed a significant portion of Iran's missile launch capabilities [2] - On June 18, Iran launched long-range ballistic missiles at Israel, while Israel targeted Iranian nuclear and military facilities [3] - On June 22, Trump announced that U.S. forces had successfully struck Iranian nuclear sites, claiming to have "completely eliminated" Iran's nuclear capabilities [4][5] - On June 23, Iran launched a missile attack on a U.S. military base in Qatar, which did not result in casualties [6] - On June 24, a ceasefire agreement was reached, with both sides claiming victory and continuing to issue strong statements [6] Casualties and Damage - The conflict resulted in significant casualties, with Iran reporting 610 deaths and 4,746 injuries due to Israeli attacks since June 13 [6] Ceasefire Agreement - The ceasefire will be implemented in phases, with Iran ceasing hostilities first, followed by Israel [6]

Core Viewpoint - The recent military actions between the US and Iran have escalated tensions in the region, with significant implications for global oil prices and economic stability. Group 1: Military Actions and Responses - Over 125 US aircraft, including B-2 stealth bombers, were involved in the attack on Iranian nuclear facilities, indicating a serious military commitment from the US [1] - Iran launched a retaliatory strike using 40 missiles against multiple targets in Israel, including Ben Gurion International Airport and biological research facilities, showcasing Iran's military capabilities [3][4] - Iranian officials have condemned the US actions as a violation of international law and have threatened further military responses, including potential attacks on US military bases in the region [6][9][10] Group 2: Economic Implications - The conflict has raised concerns about the security of oil supplies, particularly through the Strait of Hormuz, which is crucial for global oil transport, with about 20% of the world's oil supply passing through this route [2][15] - Brent crude oil prices have already increased by nearly 10% since the outbreak of the conflict, with expectations of further price hikes as markets reopen [2][15] - Analysts suggest that if the Strait of Hormuz is blocked, oil prices could surge above $130 per barrel, significantly impacting global economic growth and inflation [16] Group 3: Regional Reactions - The Houthis in Yemen have vowed to resume attacks on US vessels in the Red Sea in response to the US military actions against Iran, indicating a broader regional conflict [12][13] - The UK and Greece have advised their shipping industries to reassess routes through the Red Sea and the Strait of Hormuz due to heightened threats, reflecting the global shipping industry's concerns [2]