Trump’s War With Iran Is Back On. Both Sides Escalate Attacks After Both Sides Appear to Violate MoU
U.S. Hits 81 Targets in Iran; Iran Attacks 85 U.S. “Assets”; Oil and Gas Prices Rise, Stocks Fall
Just when you thought you could settle into the summer, with gas prices coming down and some things appearing to get normal — BOOM! Trump’s war with Iran is back on and he says the MoU is over.
Ostensibly because Iranian forces attacked three tankers in the Strait of Hormuz, Trump’s military unleashed a barrage against 81 Iranian targets and in response, Iran attacked 85 targets considered U.S. “assets” within the region.
The Iranian foreign ministry stated that the U.S. attacks violated Article 1 of the MoU relating to the ceasefire, Article 5 – related to the management of the Strait of Hormuz, which says Iran is responsible for managing passage through the waterway – and Article 10, which pertains to a waiver on Iranian oil exports.
The impacts of all this was immediate. Oil prices rose and the Dow Jones initially fell 700 points this morning.
The tankers Iran struck were attempting to skirt the passage way that according to the MoU, Iran is responsible for managing.
Now Trump says the ceasefire deal with Iran is “over”, and that dealing with Tehran is a “waste of time”.
In the middle of the NATO summit in Turkey, Trump also threatened more attacks tonight, Wednesday. (He also ramped up his insane pressure to get Greenland.)
Everyone is urging calm and a return to the ceasefire and more negotiations.

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