IRGC doubles down as Iran-US MoU jeopardised by Hormuz strikes
Markets in Iran react poorly after two nights of military confrontations over transit through the critical strait.

Markets in Iran react poorly after two nights of military confrontations over transit through the critical strait.








The White House says the proposed memorandum of understanding with Iran is only a framework agreement.

The US and Iran have announced a memorandum of understanding to end the war and re-open the Strait of Hormuz.

US President Donald Trump claims Washington and Tehran have reached a ‘great settlement’ and are finalising documents
Iran closes Strait of Hormuz, launches retaliatory strikes on US bases in Kuwait, Bahrain and Jordan after US attacks.
Analysts say Iran seeks to deter US patrols on the Strait of Hormuz by attacking its assets across the Gulf.

Jordan intercepts Iranian missiles over its airspace
Tensions have escalated between Iran and Israel while ongoing diplomatic efforts have failed to yield lasting peace.

Iran’s attack on Israel aims to restore deterrence but avoid return to war.
Squad’s visas for the US haven’t been issued, with Marco Rubio saying IRGC-linked members won’t be allowed to ’embed’.