Just ten days after Donald Trump’s much‑publicised peace memorandum with Iran, the deal is already in serious trouble. As Iran and the U.S. traded fire following tanker attacks in the Strait of Hormuz, Tehran’s hardline newspaper ‘Kayhan’ published a blistering editorial calling for the suspension of the agreement and the full closure of Hormuz. With a second tanker hit in Hormuz on June 27 and hardliners urging Tehran to shut the waterway until “the enemy’s threats stop on all fronts,” the risk is clear: one misstep could send oil markets soaring again and push the U.S.–Iran deal from fragile limbo into complete collapse.
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