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Iran-U.S. Peace Deal Collapses | Tulsa News

The fragile interim peace deal between Iran and the U.S. has collapsed just weeks after signing, derailed by a bitter dispute over control of the Strait of Hormuz—where Iran claimed rights to manage traffic and charge tolls, a move the U.S. rejected. Iran’s attacks on shipping through alternative routes triggered U.S. retaliation, including airstrikes and a renewed naval blockade. While a separate ceasefire between Israel and Hezbollah holds, broader regional tensions escalate. Talks for a final nuclear deal—including a potential $300 billion reconstruction fund—have stalled, complicated by…

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