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US-Iran conflict and Strait of Hormuz crisis

A military and diplomatic confrontation between the United States and Iran has escalated following US strikes and threats, with fighting affecting shipping through the Strait of Hormuz. Iran has proposed a seven-day plan to reopen the strait, which Trump has rejected, while both sides continue talks. The conflict has drawn in regional players including Saudi Arabia, Qatar and Iraq, and has disrupted oil markets and aviation.

What you need to know

  • War between the US, Israel and Iran began in February and has closed the Strait of Hormuz to much shipping.
  • A June ceasefire collapsed, and the US and Iran resumed talks this week after Trump threatened to "annihilate" Iran.
  • Iran's president says Tehran will not "bend the knee," while Trump has rejected an Iranian proposal to reopen Hormuz within seven days.
  • Iran's foreign minister says only negotiation can end the conflict and Tehran awaits mediators' "definitive views."
  • The US is enforcing sweeping sanctions, including on Iran's aviation sector, disrupting flights and regional travel.
  • Iraq says it has lost about $60bn in oil revenue and is seeking alternative export routes due to the strait's closure.

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