The fragile April ceasefire between Iran and the U.S.-Israeli alliance is facing its severest test as leadership on both sides trade threats over the resumption of hostilities.

➤ Resumption of Military Threat: Israeli Defense Minister Katz stated the IDF is prepared to restart "Operation Epic Fury" with devastating strikes on Iranian energy infrastructure once a U.S. "green light" is received.

➤ Iranian Legislative Dismissal: Parliament Speaker Qalibaf labeled the Israeli threats as "nonsense," signaling Tehran’s refusal to buckle under psychological warfare despite the reported $270 billion in war damages since February.

➤ Strategic Ceasefire Expiry: The current two-week truce, extended by President Trump but strained by the ongoing Strait of Hormuz closure, remains highly volatile as both nations prepare for a potential "second phase" of combat.

➤ Nuclear Standoff in Pakistan: Indirect negotiations in Islamabad remain deadlocked over U.S. demands for a 20-year enrichment moratorium and the removal of Iran’s highly enriched uranium stockpiles.

➤ Global Energy Risk: With Brent crude hovering above $100 per barrel due to the naval blockade, any transition from verbal "nonsense" to kinetic action threatens to trigger a permanent global supply shock.

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