There have been renewed Iranian attacks against ships in the Strait of Hormuz over the past 24 hours.

The reported attacks threaten to unravel a memorandum of understanding signed less than three weeks ago.

Iran's missile attacks on ships in the Strait of Hormuz challenge US-Iran peace talks amid rising oil prices.

US revokes Iran oil waivers after attacks in the Strait of Hormuz. WTI reaching $110 in July 2026 at 0.7% YES.

The United States on Tuesday (local time) revoked a 60-day sanctions waiver that had allowed the sale of Iranian oil, according to the Treasury Department.