Live Middle East crisis: Mojtaba Khamenei appointed Iran’s new supreme leader; oil prices surge past $100 a barrel

Trump says decision on ending war will be ‘mutual’ with Netanyahu

Donald Trump told the Times of Israel that the timing of a cease‑fire with Iran will be decided jointly with Israeli Prime Minister Benjamin Netanyahu.

In a brief phone interview on Sunday, Trump added that Iran would have overrun Israel if the two leaders had not intervened. He said:

“Iran was poised to destroy Israel and everything around it … We worked together. We eliminated a state that intended to wipe out Israel.”

When asked whether the decision would rest solely with him or also involve Netanyahu, Trump replied:

“I think it’s mutual … to some extent. We’ve been discussing it. I’ll decide at the appropriate moment, taking everything into account.”

On the question of whether Israel could continue hostilities after the United States halted its strikes, Trump declined to speculate, adding: “I don’t think that will be necessary.”

Oil prices climb after breaching $100 per barrel

After Brent crude passed $100 a barrel for the first time in four years, global oil prices kept rising. Brent, the international benchmark, was up 23.1 % at $114.13 per barrel, while the U.S. West Texas Intermediate benchmark rose 23.5 % to $112.26 per barrel.

Trump characterised the surge as a “short‑term” effect of the U.S.–Israel conflict with Iran. Over the weekend, Energy Secretary Chris Wright told CNN that the disruption would be brief, saying: “In the worst case, this is a matter of weeks, not months.”

Market reactions suggest the warning has not softened concerns. Asian indices remain under pressure—Japan’s Nikkei 225 down 7 %, South Korea’s Kospi down 7.3 %, Hong Kong’s Hang Seng down 2.6 %—and Australia’s ASX 200 posted its worst day in almost a year.

Pre‑market data indicate that the Dow Jones Industrial Average and the S&P 500 are set to open sharply lower when Wall Street resumes trading.

Iranian drone strike injures 32 in Bahrain amid renewed Gulf attacks

Bahrain reported on Monday that an Iranian drone strike on the island of Sitra injured 32 people overnight, as Gulf states reported additional attacks and Tehran continued its retaliatory campaign across the region.

All of the injured were Bahraini nationals; four cases were classified as serious, including children, according to a statement from the health ministry carried by the state news agency.

Among the casualties was a 17‑year‑old girl who suffered severe head and eye injuries.