Iran is forcing the U.S. into an escalation trap as a 'shadow war' over the Strait of Hormuz heats up that could kill the tenuous ceasefire | Fortune

"The collision course is set, and worse is yet to come."

https://fortune.com/2026/06/28/iran-us-ceasefire-escalation-trap-shadow-war-strait-of-hormuz/

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What is Article 5 of Iran-US MoU, and why is it blamed for Hormuz strikes?

Iran and the US trade attacks over navigation through the Strait of Hormuz, which has emerged as a major sticking point.

https://www.aljazeera.com/news/2026/6/28/why-is-article-5-of-mou-causing-confrontations-in-the-strait-of-hormuz

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US launches second night of strikes on Iran after ship hit by drone

The attacks come after an alleged Iranian drone struck another commercial vessel in the Strait of Hormuz on Saturday.

https://www.aljazeera.com/news/2026/6/27/us-launches-second-night-of-strikes-against-iran-after-ship-struck-by-drone

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‘Pick up the phone’: IRGC appears to rebuff US Strait of Hormuz ‘hotline’

Iran's IRGC appears to have rejected US claims of a military hotline will operate between the two countries.

https://www.aljazeera.com/news/2026/6/27/pick-up-the-phone-irgc-appears-to-rebuff-us-strait-of-hormuz-hotline

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Iran war day 120: Tehran condemns US strikes, says it violates MoU

US says it targeted Iranian missile and drone storage locations while IRGC said it hit US military sites in the region.

https://www.aljazeera.com/news/2026/6/27/iran-war-day-120-tehran-condemns-us-strikes-says-its-violation-of-mou

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Who has profited most from the war on Iran?

Defence contractors, energy companies and investment banks saw profits soar as war and uncertainty upended markets.

https://www.aljazeera.com/news/2026/6/26/who-has-profited-most-from-the-war-on-iran

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Oil price falls to levels not seen since before Iran war

Signs that traffic through the key Strait of Hormuz shipping route is gradually resuming has helped to push the oil price down.

https://www.bbc.com/news/articles/c0jy7d7wzv4o

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Trump says Iran violated ceasefire with drone attacks on Strait of Hormuz ships

The International Maritime Organization earlier paused efforts to evacuate ships and seafarers stranded in the Strait of Hormuz after a cargo vessel was struck.

https://www.cnbc.com/2026/06/26/trump-iran-ceasefire-strait-of-hormuz.html

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Iran warns Hormuz transit only possible via routes approved by Tehran

Iran says safe passage through the Strait of Hormuz cannot be guaranteed for vessels taking 'parallel routes'

https://www.aljazeera.com/news/liveblog/2026/6/26/iran-war-live-israel-attacks-lebanon-as-netanyahu-says-troops-to-stay

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Hormuz traffic flows despite ship attack as Iran fights to keep its grip on key trade route

Despite Iran’s threats, ships continue to move through the strait via a route that avoids Iranian waters, instead hugging the coastline of Oman.

https://www.nbcnews.com/world/iran/hormuz-traffic-flows-ship-attack-iran-trade-route-rcna351885

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