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Hormuz Tensions Escalate Amid Peace Deal Collapse | Odessa News

Tensions in the Strait of Hormuz are spiraling again as the fragile U.S.-brokered peace deal crumbles. After U.S. strikes on Iran and retaliatory attacks on shipping, oil flows are disrupted and prices soar. President Trump pivots from threatening blockades and tolls to pushing Gulf nations to invest billions in the U.S. instead. Iran claims ships ignored warnings, while the U.S. defends its strikes as necessary to protect civilians and commerce—two mariners killed, fourteen wounded in one attack. The EU has issued flight warnings over Gulf airspace. With no sign of de-escalation, mediators…

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