President Trump declares the interim US-Iran peace accord 'over' at the NATO summit amid fresh military strikes and a surge in oil prices.

Renewed hostilities between the US and Iran have also heightened safety and security concerns around the Strait of Hormuz.

Washington launched strikes on the Islamic Republic overnight in response to ships being hit in the Strait of Hormuz. Iran retaliated by targeting US bases in the Gulf.

US President Trump declared the Iran truce effectively over after attacks on shipping. The United States launched retaliatory strikes on Iranian military targets. These actions…

US forces hit more than 80 Iranian targets in overnight strikes.

The interim ceasefire agreement was signed last month