Trump rules out a ceasefire, Venezuela replaces top military officials, Paraguay lean toward US to attract investment, Russia's Iran-for-Ukraine intelligence offer rejected

While President Trump rules out a ceasefire, Iran's new leadership vows continued resistance and maintains a blockade of the Strait of Hormuz, severely impacting global oil supplies. Regional instability extends to Israel, where security concerns have led to unprecedented religious restrictions in Jerusalem, and to Russia, which unsuccessfully attempted to trade Iranian intelligence for a cessation of U.S. support for Ukraine. In South America, Venezuela's interim government is aggressively restructuring its military to ensure loyalty, while Paraguay is strengthening security and economic ties with the U.S. to attract foreign investment. Finally, the report covers a domestic legal development in the United States regarding a guilty verdict against Elon Musk for misleading shareholders during his acquisition of the social media platform X.