Summary：**Tensions flare as US‑Iran ceasefire collapses, threatening Strait of Hormuz stability**The fragile

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**Tensions flare as US‑Iran ceasefire collapses, threatening Strait of Hormuz stability**

The fragile cease‑fire that had tempered hostilities between the United States and Iran unraveled this week after Tehran announced a temporary closure of the Strait of Hormuz. Washington responded with precision strikes on Iranian coastal defense sites, igniting a rapid exchange of fire that has rattled global energy markets and revived fears of a broader confrontation in the Gulf.

**Key Developments**
On Monday, Iran’s Revolutionary Guard declared that all commercial vessels would be barred from transiting the strait until further notice, citing “provocative maneuvers” by U.S. naval forces. The move effectively chokes a waterway through which roughly 20 % of the world’s oil supply flows. Within hours, U.S. Central Command launched a series of targeted airstrikes on Iranian missile batteries near Bandar Abbas, asserting the action was necessary to protect freedom of navigation. Iranian officials retaliated by launching short‑range rockets at a U.S. logistics hub in the United Arab Emirates, though no casualties were reported. Diplomatic channels, already strained over the stalled nuclear talks, fell silent as both sides issued stark warnings of further escalation.

**Industry Analysis