US, Iran intensify attacks as diplomacy struggles to revive truce
- Posted on July 21, 2026
- By Business News Today
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- 1 min read
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US, Iran intensify attacks as diplomacy struggles to revive truce
Diplomatic efforts to revive the collapsed US-Iran interim agreement are gathering pace. Shipping disruptions are deepening as the Strait of Hormuz remains largely blocked. The United States carried out fresh airstrikes on Iranian military targets. Iran attacked a tanker in the strait, claiming responsibility for other strikes. The conflict has also spilled into the Red Sea and affected regional allies.
