As the US-Israel-Iran war enters its 38th day, President Donald Trump has issued a 48-hour ultimatum to Iran to open the Strait of Hormuz, a critical maritime route. The conflict has intensified with missile exchanges between Iran and Israel, leading to casualties on both sides. Notably, Majid Khademi, the head of Iran's Revolutionary Guards' intelligence organization, was killed, marking a significant blow to Tehran. Despite ongoing discussions for a 45-day ceasefire mediated by Pakistan, Egypt, and Turkey, Iranian officials have expressed concerns about being misled into a truce that could be violated. Iranian missile strikes have targeted cities in Israel, resulting in at least two deaths in Haifa, while retaliatory airstrikes in Tehran have killed over 25 people. The conflict has also led to heightened defense measures in Gulf Arab nations, with air defense systems activated in Kuwait and the UAE. The war's impact is felt globally, with Brent crude oil prices rising to $109.67 per barrel, reflecting the conflict's strain on markets. Since the war began on February 28, more than 1,900 people have died in Iran alone, with significant casualties reported across the region.