U.S. AND IRAN LAUNCH STRIKES AFTER PEACE DEAL — STRAIT OF HORMUZ CLOSURE RISK RETURNS
What changed
U.S. AND IRAN LAUNCH STRIKES AFTER PEACE DEAL — STRAIT OF HORMUZ CLOSURE RISK RETURNS
Both sides resumed hostilities despite signing an interim peace deal. Oil markets on alert.
Why it matters
Conflict escalation via Strait of Hormuz closure threat and strikes despite signed interim peace deal.