Kuwait, Jordan, Bahrain intercept Iranian projectiles; Tehran says MoU "in crisis", blames US attacks for rendering peace efforts "futile"; Hormuz traffic slows to two-month low.

With the escalation of attacks by both US and Iran, the fragile peace that was in place is fast fraying

The United States struck Iran Monday for a second day running, drawing Tehran's reprisals against US allies in the Gulf as the foes battle over the status of the strategic Strait…