Iran-US ceasefire ends amid potential conflict

The ceasefire between the United States and Iran has ended after both sides failed to meet the 60-day deadline to reach an agreement on reducing Iran's nuclear program, reflecting the collapse of diplomatic efforts and escalating tensions. The crisis centered on reimposing economic sanctions and restricting the Strait of Hormuz, with Iran using control of this vital waterway to disrupt global oil markets. In response, the United States imposed a naval blockade and revoked sanctions exemptions. Both countries are heading toward a long-term economic attrition campaign, with the possibility of escalating into a new military confrontation—especially as the situation worsens after some Iranian ships crossed the Strait of Hormuz and were fired upon, prompting US forces to respond with airstrikes on Iranian areas.

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