Trump says ceasefire is ‘over’ after US and Iran trade strikes
After military exchanges between the United States and Iran over Tuesday and Wednesday, President Trump declared the interim ceasefire agreement established in June "over." The escalation began when three oil tankers were attacked in the Strait of Hormuz, prompting US Central Command to launch retaliatory strikes; Iran responded by targeting US military sites in Bahrain and Kuwait in what marked the most intense exchange since the ceasefire was signed.
Trump expressed frustration with Iranian leadership and indicated he views continued negotiations as unproductive, whilst the US revoked its temporary sanctions suspension on Iranian oil, causing prices to rise roughly 6 percent. Iran's parliamentary speaker countered that the US had violated their understanding and accused America of bullying tactics. Both nations had been engaged in talks toward a permanent settlement, though negotiations were suspended during funeral ceremonies for Ayatollah Khamenei, with uncertainty surrounding when discussions might resume.
- Trump declares Iran ceasefire 'over' after renewed military strikes between US and Iranian forces
- Oil prices spike 6% as US revokes sanctions suspension; unclear when negotiations might resume
- Exchange follows attacks on oil tankers in Strait of Hormuz and retaliatory strikes from both sides