Trump trades threats with Iranian leaders as interim deal crumbles
The United States and Iran have engaged in a series of military strikes following an attack on a vessel in the Strait of Hormuz. The conflict has escalated as both nations trade threats, signaling the collapse of recent interim ceasefire negotiations.
Why it matters
The escalation threatens global energy security and risks a wider regional conflict in the Persian Gulf, impacting international oil and gas supply chains.
<p>The United States attacked Iran on Sunday over an Iranian attack on a vessel in the Strait of Hormuz, setting the container ship ablaze and forcing its crew to abandon it. Iran apparently responded with strikes targeting Bahrain, Qatar and the United Arab Emirates.</p> <p>The strait has become the key sticking point in any further negotiations between Iran and the United States to find a permanent end to the war that began back on February 28. </p> <p>About a fifth of all traded oil and natural gas passed through the strait before the war began.
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