US launches another round of strikes on Iran as ceasefire teeters
Financial Times 2026-07-12 21:51:48
Context: The United States has launched another round of strikes on Iran as a ceasefire teeters on the brink of collapse. The latest military action comes after Tehran declared the Strait of Hormuz closed, a vital waterway for global oil shipments. The Trump administration has insisted that the Strait of Hormuz remains open.
Key Facts
- The US strikes on Iran were conducted amid escalating tensions between the two nations, with the Strait of Hormuz emerging as a critical flashpoint, and Tehran's declaration that it had closed the waterway sparked concerns about the potential disruption to global oil supplies.