Despite launching a new wave of strikes, Washington knows that there is no military solution to break the deadlock in talks with Tehran. Daniel Keane argues that it is time for other countries to help Trump find a solution

Trump declares US-Iran ceasefire over during NATO summit as air strikes hit 80 targets. Oil surges 5%, equities drop, and crypto markets brace for impact.

Renewed fighting over Strait of Hormuz exposes gap between military victories and lasting settlement