Donald Trump, Strait of Hormuz
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Iran said it launched missiles and drones against U.S. military sites.
U.S. and Iranian forces have exchanged heavy missile and drone assaults, with Tehran targeting U.S. facilities in states across the Gulf on Sunday.
The U.S.-Iran ceasefire is on the verge of collapse, and with it any prospect of restoring normal traffic through the Strait of Hormuz. Even if the agreement holds, transit fees, sea mines, billions in infrastructure damage,
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The deal stopping hostilities is over “in no uncertain terms,” Trump said Friday.
"Ultimately, both sides need a deal soon given domestic vulnerabilities: looming U.S. midterms, Iran's economic and political fragilities."
