US and Iran End Ceasefire; Military Strikes Resume

President Trump announced July 8 that the ceasefire between the US and Iran is over, and American forces are attacking Iranian targets near the Strait of Hormuz—a shipping channel critical to global oil trade. The move follows Iranian attacks on commercial ships a day earlier. The US is also ending a temporary deal that allowed Iran to sell oil abroad, combining military strikes with economic pressure to isolate Iran further.