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CEASEFIRE CRACKS: US-Iran Truce Shattered on Day 120 as Air Strikes and Retaliation Rock the Gulf

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  CEASEFIRE CRACKS: US-Iran Truce Shattered on Day 120 as Air Strikes and Retaliation Rock the Gulf A fragile peace agreement signed just last week has collapsed into open hostility. Entering Day 120 of the 2026 Iran War, the Middle East is on a knife-edge after the United States and Iran traded heavy military strikes, completely upending a newly minted truce. The flare-up threatens to reignite a devastating regional conflict that began in late February and has already crippled global energy markets. [LIVE MONITOR: PERSIAN GULF ESCALATION] ├── JUNE 25: Commercial cargo vessel struck by drone in Strait of Hormuz. ├── JUNE 26: US launches retaliatory air strikes on southern Iranian coast. └── JUNE 27: Tehran condemns strikes as "blatant violation" of MoU; IRGC strikes back. The Catalyst: A Fatal Friction in the Strait The crisis reignited when a commercial cargo vessel transiting the Strait of Hormuz was struck by a drone. US President Donald Trump immediately blamed Tehr...