Trump declares US-Iran ceasefire over as US strikes Iran ahead of renewed Hormuz blockade
President Donald Trump said the US-Iran ceasefire has ended after multiple flare-ups of hostilities in the region. US forces struck Iranian targets shortly before Tehran moved to restart its blockade of the Strait of Hormuz.
President Trump announced that the ceasefire between the United States and Iran has formally ended. The declaration follows several successive escalations of hostilities in the region and signals a sharp turn in Washington's Iran policy.
US forces struck Iranian targets shortly before Tehran moved to restart its blockade of the Strait of Hormuz, a strategic chokepoint through which a critical share of global oil shipments passes. Any disruption there has an immediate effect on global energy markets.
The development came the same day the Trump administration was reported to have dropped a threatened 20% fee on cargo transiting Hormuz, underscoring how fast the situation on the ground is shifting. Markets are watching the trajectory of the conflict closely for its impact on oil prices and shipping routes.
Read next
Sirens blare in Bahrain as Iran launches barrage of missiles and drones
Iranian state media reported that Tehran targeted a US naval support base in Bahrain's capital. Sirens sounded across the capital following the strike as residents were directed to seek shelter.
Israeli strike on police post in north Gaza kills seven, officials say
ASX set to follow Wall Street higher after US inflation data as Iran naval blockade resumes
US must act quickly to counter China's growing tech progress, lawmakers told
