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Iran and US trade air strikes after Trump dismisses report of Hormuz deal

The escalation in hostilities highlighted threats to the tenuous ceasefire between the US and Iran that took effect in early April, dampening hopes for a peace deal and sending oil prices surging again. Iran and US trade air strikes after Trump dismisses report of Hormuz deal
An Iranian woman walks next to an anti-Israeli mural on a street in Tehran, Iran, May 26, 2026.  Reuters
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Reuters
Published at : May 28, 2026
Updated at : May 28, 2026 11:30
Dubai/washington

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