Middle EastPublished: 8 July 2026 at 23:37

Trump Says Iran Truce ‘Over,’ Threatens Further Strikes

A series of U.S. attacks followed by Iranian strikes have again halted ship traffic in the Strait of Hormuz, causing a sharp rise in oil prices.

President Donald Trump has declared that the truce with Iran is ‘over’ and threatened additional strikes. This comes after a wave of U.S. attacks were met with Iranian strikes, once again halting ship traffic in the Strait of Hormuz. Oil prices rose sharply in response.

The renewed hostilities have heightened tensions in the region, with both sides carrying out military actions. The Strait of Hormuz is a crucial chokepoint for global oil shipments, and its disruption raises concerns about energy security. Analysts say the spike in oil prices reflects market fears of a prolonged conflict.

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