Iran is refusing to negotiate and threatening wider attacks while Israel ignores the Gaza peace deal and keeps hitting Lebanon — bad news for the region and, if it drags on, for the U.S. economy and the dollar.

• Iran says it will stop negotiating and simply wait out Trump's term until 2029, betting the U.S. economy cracks before its own does.
• Iran is now demanding peace across Gaza, Yemen, and Lebanon at once, plus sanctions relief, arguing none of it can be solved separately.
• Israel is signaling it won't follow Trump's Gaza peace deal, still controls most of Gaza, and keeps killing there despite the signed agreement.
• In Lebanon, Israeli strikes, drones, and scorched-earth tactics continue in the south, with the Lebanese government too weak to push back.
• Ending the standoff without a clear win risks the U.S. losing its grip on the petrodollar, which would hit the dollar and the wider economy.

Outlook: No peace is likely soon — Israel keeps expanding, Iran keeps threatening retaliation, and the fighting looks set to grind on.