Just ten days after Donald Trump’s much‑publicised peace memorandum with Iran, the deal is already in serious trouble. As Iran and the U.S. traded fire following tanker attacks in the Strait of Hormuz, Tehran’s hardline newspaper ‘Kayhan’ published a blistering editorial calling for the suspension of the agreement and the full closure of Hormuz. With a second tanker hit in Hormuz on June 27 and hardliners urging Tehran to shut the waterway until “the enemy’s threats stop on all fronts,” the risk is clear: one misstep could send oil markets soaring again and push the U.S.–Iran deal from fragile limbo into complete collapse.

By Myra P. Saefong and Nora Redmond

As the latest confrontations are aimed at control of the Strait of Hormuz, analysts say the deal is at risk of collapse.

A tanker reported being struck in the Strait of Hormuz as the US and Iran traded attacks, with tensions over the critical waterway straining a peace deal between the two nations.

Iran has accused the United States of failing to uphold the interim agreement, in particular by failing to sustain a promised ceasefire in Lebanon, which U.S. ally Israel invaded…

Just ten days after Donald Trump’s much‑publicised peace memorandum with Iran, the deal is already in serious trouble. As Iran and the U.S. traded fire following tanker attacks in…

Strait of Hormuz: Iran has been insisting on controlling passage through the vital strait, through which a fifth of the world's oil and liquefied natural gas travel in normal…

Rising tensions over control of the Strait of Hormuz threaten to derail the US-Iran agreement, as disputed shipping routes and military strikes raise global stakes.