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Ship attacked in Hormuz Strait as U.S.-Iran ceasefire expiry risks prolonged conflict

Posted on August 18, 2026
By CNBC
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1 min read

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Ship attacked in Hormuz Strait as U.S.-Iran ceasefire expiry risks prolonged conflict

U.S., Iran appeared to be digging in for a protracted conflict, hardening their positions and rejecting renewed negotiations after a temporary truce lapsed.