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Source:
The Boston Globe
The Boston Globe
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The article details the collapse of a ceasefire agreement between the United States and Iran over tensions in the Strait of Hormuz. Initially hailed as a success, the deal allowed Iran to sell oil temporarily and led to a decline in oil prices, but disagreements over shipping routes and unresolved security concerns caused the ceasefire to break down. Following Iranian drone attacks and escalated military exchanges, the U.S. reinstated sanctions and resumed hostilities, resulting in casualties on both sides and increased regional instability.
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