The 60-day deadline for a U.S.-Iran peace deal has expired, leaving tensions higher than ever. Despite an initial June agreement aimed at ending the war and resolving nuclear disputes, key promises—like reopening the Strait of Hormuz and lifting the U.S. blockade—remain unfulfilled. The U.S. faces a tough choice: ceding control of a vital oil shipping lane or risking escalation that could strain resources ahead of elections. A failed interim deal spiraled into mutual strikes, with Iran attacking ships and the U.S. retaliating, leading to canceled oil waivers and renewed blockades. Iran now demands troop withdrawals and blockade removal while insisting on controlling the strait—and is escalating by targeting Red Sea tankers. President Trump rejects these terms, asserting U.S. sovereignty over the strait and pushing economic pressure on Iran’s fragile economy, which may fuel internal unrest.

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