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30 days into the US-Iran MoU, the worst fighting in months has erupted, with US airstrikes, Iranian retaliation, and renewed attacks across the Gulf threatening to unravel the ceasefire. As tensions over the Strait of Hormuz intensify and oil markets react, has the agreement effectively collapsed and what happens next?
Al Jazeera’s Lina-Serene breaks it down.
Published On 20 Jul 2026
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