The June peace deal with Iran is a total bust—sixty days later, tensions are higher than ever. The U.S. and Iran are stuck in a standoff, with neither side budging on key demands like control of the Strait of Hormuz or lifting sanctions. Iran’s escalating attacks and the U.S.’s retaliatory strikes have shattered the fragile truce, while Houthi rebels add fuel to the fire by targeting Red Sea shipping. With Trump refusing to back down and Iran’s economy already reeling, the world braces for economic chaos—and no one’s blinking first.
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