The fragile ceasefire between the US and Iran is under severe strain after Iran launched strikes on US ships and the UAE, prompting warnings from both sides.
President Trump has given Iran one week to finalize a peace deal, threatening intensified military action if talks fail. Despite ongoing negotiations and claims of progress, recent attacks in the Strait of Hormuz have reignited fears of a broader conflict and disrupted shipping in the region. Both sides have exchanged sharp rhetoric, with Iran warning that its actions are just beginning and the US insisting the ceasefire is not yet over.
The situation remains highly volatile, with global markets and regional stability hanging in the balance.
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