How Strait of Hormuz dispute led to latest US-Iran cycle of fighting

Renewed military conflict between the US and Iran has escalated following a breakdown in the memorandum of understanding regarding the Strait of Hormuz. Both nations are trading strikes after Iran attempted to assert control over the vital shipping waterway, leading to a collapse of the previous ceasefire.
Why it matters
The Strait of Hormuz is a critical global energy chokepoint; instability here threatens international shipping and global oil prices.
Clashing interpretations of vague memorandum of understanding language on Hormuz at heart of escalation, analysts say.
The article presents perspectives from both sides of the conflict and cites analysts, though the subject matter is inherently sensitive.
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