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4w ago

U.S.-Iran Ceasefire Window Ends as Trump Halts Talks and Claims Control of Hormuz

The lapse deepens a standoff that leaves shipping sharply reduced and global energy markets exposed.

A drone view shows vessels in the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026.
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BANDAR ABBAS, IRAN - AUGUST 10: A bird flies past as ships are seen anchored in the Strait of Hormuz on August 10, 2026 off the coast of Bandar Abbas, Iran. In a recent statement, Iran's Supreme National Security Council said the vital waterway would not reopen until the United States corrects its behavior, demanding that the U.S. end its war on Iran and compensate the country for war damage, among other conditions. Iran has largely halted vessel traffic through the strait with the threat of strikes; meanwhile, the U.S. has imposed a blockade on Iranian ports. (Photo by Ali Saeedi/Getty Images)

Overview

  • President Donald Trump said on Tuesday there are no talks with Iran, reaffirmed a naval blockade, and posted a map calling the Strait of Hormuz “New US Territory.”
  • Mediators say Iran and Oman are close to a bilateral routing deal that could reopen passages, but Tehran insists the strait will stay closed until Washington meets conditions from the June memorandum of understanding.
  • Attacks at sea have continued: UK Maritime Trade Operations reported a projectile hit a ship near Oman that damaged its engine room and caused a crew casualty while Kpler data show confirmed transits have fallen sharply to about 95 crossings last week.
  • Washington asserts the strait is open and that water mines have been cleared, a claim European officials and some regional actors doubt as U.S. forces maintain blockade and enforcement actions.
  • The collapse of the 60-day MoU and hardened positions raise the risk of wider escalation, keep oil prices elevated, push insurers and shippers to avoid the route, and make the fate of any Iran‑Oman deal the key thing to watch next.