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Unraveling Agreement
Less than 24 hours after the US and Iran agreed to a two-week ceasefire, Iran's parliamentary speaker accused the US of violating the agreement.
“Iran's parliamentary speaker accused the US of violating the two-week ceasefire”
Ghalibaf cited Israel's continued attacks on Lebanon, a drone entering Iranian airspace, and the denial of Iran's right to enrich uranium as violations.
The White House and Israel said the ceasefire did not include Lebanon, contradicting Pakistan's mediation and Iran's interpretation.
Strait of Hormuz in Dispute
The reopening of the Strait of Hormuz was mired in confusion.
Iran allowed vessel passage but said ships had to coordinate with its armed forces.
Oil prices dropped about 10% in two days after Trump announced the truce.
Lebanon Attacks Continue
Israeli strikes in Lebanon intensified, killing at least 254 people.
“Lebanon came under intense attack after Israel said it was not covered by the agreement”
Iran's interpretation that Lebanon was included collided with Netanyahu and the White House insisting otherwise.
Hezbollah fired rockets at northern Israel in response.
US Internal Frictions
Trump's gamble on the ceasefire exposed tensions within his administration and with Congress.
The POLYMARKET prediction market marked the ceasefire event as disputed after a surge of well-timed bets.
Trump lashed out at NATO allies for not backing the US and Israel.