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The Economic Times

Opinion / The Economic Times

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Strait of Hormuz hangs in the balance as US-Iran ceasefire unravels

The US-Iran deal faces significant strain due to escalating tensions in the Strait of Hormuz. Iran has closed the strait, prompting US retaliatory strikes on Iranian targets. This cycle of attacks and counterattacks has severely damaged high-stakes diplomacy between the nations. Analysts suggest the US may be responsible for not adhering to the MoU's terms.

12 Jul 2026 11:49 pm