Iran and US trade strikes in Hormuz power struggle

What happened

The U.S. attacked Iranian targets twice over the weekend while Iran struck an oil tanker in the Strait of Hormuz and fired drones and missiles at U.S. military sites in Kuwait and Bahrain. The “renewed fighting was sparked by competing interpretations of the memorandum of understanding” to end the war, Axios said, especially regarding the strait.

Who said what

Hours after Saturday’s oil tanker strike, President Donald Trump warned on social media that if Iran kept violating the ceasefire, the U.S. might be “forced to militarily complete the job” in Iran, which would then “no longer exist!” Iranian Foreign Minister Abbas Araghchi on Sunday said the MOU gave Tehran sole responsibility for “the management and full restoration of maritime traffic in the Strait of Hormuz.”

Attacking ships transiting the economically “pivotal” waterway “through Omani waters” was a risky but “necessary gambit” for Tehran, The New York Times said. Its “newfound power to disrupt traffic” in the strait is “critical leverage it cannot afford to lose — either at the negotiating table or back at war.”

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What next?

After the weekend’s fighting, “both sides will stand down for now and vessels can move freely,” a Trump administration official told news organizations. “Iran has yet to confirm an agreement,” the Times said. U.S. officials said talks with Iran will resume tomorrow in Qatar.