The 60-Day Truce is Cracking: US Revokes Iran Oil Waiver and Resumes Air Strikes
The 60-Day Truce is Cracking: US Revokes Iran Oil Waiver and Resumes Air Strikes The fragile ceasefire between the US and Iran has collapsed just weeks after it began. Following a series of projectile attacks on commercial vessels in the Strait of Hormuz, the United States has abruptly reinstated major energy sanctions on Tehran and launched a fresh wave of military strikes. A US official summarized the sudden escalation on Tuesday: “The MOU in effect with Iran is entirely performance-based. Iran will only reap benefits if they exhibit good behavior.” Washington’s justification is blunt: the truce with Tehran was never unconditional; it was “performance-based,” and Iran, according to the United States, failed that test. The twin decisions—economic punishment through sanctions and military retaliation through fresh strikes—mark one of the sharpest reversals in the U.S.-Iran confrontation since the two sides had only recently stepped back from open hostilities. What had looked like a ...