The Middle East is witnessing a dramatic escalation of conflict as the U.S. and Israel continue intensive airstrikes on Iran, marking the 29th day of their coordinated military operations. Recent updates report heavy casualties and significant destruction in Tehran, while Iranian forces have launched retaliatory strikes targeting Israel and Gulf states. The conflict has drawn in additional players, including Yemeni Houthi rebels who have joined the fray. Amid this turmoil, President Trump has extended the deadline for the reopening of the Strait of Hormuz, as U.S. forces are deployed to the region in response to the deteriorating situation. Stocks are plummeting as the war intensifies, bringing global economic concerns to the forefront. With millions displaced and the humanitarian crisis deepening, pressure for a diplomatic resolution is mounting, although no signs of a truce are evident yet.