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Trump declares Iran ceasefire 'over' after overnight strikes

Created at 8 Jul · 12:06 PM4 sources↑ Market-relevant4 events
IN SHORT

President Trump declared the U.S. ceasefire with Iran over following overnight strikes exchanged by both sides. The U.S. also revoked a sanctions waiver allowing Iran to sell oil and petrochemicals.

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Key Numbers

80+US strikes on Iran
60day negotiation period for ceasefire
3tankers targeted near Oman
85Iranian-targeted facilities

Who's Involved

Donald Trump
President of the United States
Steve Witkoff
Businessman and negotiator with Iran
Jared Kushner
Son-in-law and negotiator with Iran
Islamic Revolutionary Guard Corps (IRGC)
Iranian military force
Mohammad Bagher Ghalibaf
Iran's parliament speaker
Volodymyr Zelensky
President of Ukraine
Trump declares Iran ceasefire 'over' after overnight strikes

↳ Why This Matters

The escalation in hostilities between the U.S. and Iran, marked by reciprocal strikes and the revocation of sanctions waivers, signals a significant breakdown in diplomatic efforts and raises concerns about regional stability and global energy markets.

Key facts

  • President Trump declared the U.S. ceasefire with Iran over following overnight strikes.
  • The U.S. revoked a sanctions waiver that had allowed Iran to sell oil and petrochemicals.
  • Iran claimed to have targeted U.S. military sites in Bahrain and Kuwait.
  • The U.S. stated its strikes were in response to Iranian attacks on commercial vessels in the Strait of Hormuz.
  • President Trump warned of likely further U.S. strikes on Wednesday night.

President Donald Trump declared the ceasefire between the U.S. and Iran "over" following a wave of overnight strikes exchanged by both sides. The declaration came after the U.S. revoked a sanctions waiver that had allowed Tehran to sell oil and petrochemicals.

Trump stated at a meeting of NATO leaders that the ceasefire was finished, hours after the U.S. launched more than 80 strikes on Iran. Washington said the strikes were a response to Iranian attacks on commercial vessels transiting the Strait of Hormuz on Tuesday. Tehran retaliated by launching strikes on U.S. military sites in Bahrain and Kuwait, with Kuwait's military confirming its air defenses were activated and Bahrain's interior ministry urging citizens to take shelter.

Trump also launched a strong verbal attack on Iranian leaders, calling them "scum" and "vicious, violent people." He expressed doubt about the success of ongoing negotiations, stating, "They can talk, but I think they’re wasting their time."

According to a U.S. statement, the overnight strikes targeted Iran's air defence systems, command-and-control networks, coastal radar sites, anti-ship missile weapons, and over 60 small boats linked to the IRGC, aiming to degrade Iran's ability to target commercial shipping.

Earlier on Tuesday, U.S. Central Command reported that Iran targeted three tankers near Oman, including a Qatari liquefied natural gas vessel. Qatar condemned the attack as a "serious and explicit violation" of international law. Iran rejected plans for new shipping corridors near Oman's coast and stated its intention to charge tolls on ships using the waterway. Iran's parliament speaker, Mohammad Bagher Ghalibaf, accused the U.S. of "major" violations of the memorandum of understanding, including the reinstatement of oil sanctions.

The exchange of fire and rhetoric marks a breach of the MoU, which began a 60-day negotiation period for a permanent ceasefire and resolution of Iran's nuclear program.

Frequently asked questions

President Trump stated the ceasefire was over after both sides traded strikes overnight and the U.S. revoked a sanctions waiver that allowed Iran to sell oil and petrochemicals.

President Trump spoke at a meeting of NATO leaders.

Tehran responded by launching waves of strikes on U.S. military sites in Bahrain and Kuwait.

Washington stated it was responding to Iranian attacks on commercial vessels transiting through the Strait of Hormuz.

What Happens Next

01President Trump is scheduled to hold a press conference.
02Talks to reach a final deal with Tehran were expected to resume following the funeral of Ayatollah Ali Khamenei.

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Cadence

How It Developed

President Trump declared the Iran ceasefire 'over' after overnight strikes.
The U.S. revoked a sanctions waiver allowing Iran to sell oil and petrochemicals.
President Trump warned of likely additional U.S. strikes on Wednesday night.
President Trump called Iranian leaders 'scum' and 'liars'.
Iran claimed to have targeted U.S. military sites in Bahrain and Kuwait.
The U.S. stated its strikes were in response to Iranian attacks on commercial vessels in the Strait of Hormuz.
President Trump stated he would speak to Steve Witkoff and Jared Kushner regarding Iran.
President Trump said dealing with Iran was a 'waste of time'.

Sources

T1
Trump on Iran: US will probably hit them again Wednesday nightReuters
T1
Trump says ceasefire is over and calls Iran leaders 'scum', as both sides launch attacksMiddle East Eye
T1
'We will probably hit them hard tonight': Trump on IranMiddle East Eye
T1
Live updates: Trump warns Iran ceasefire may be ‘over’ as sides trade strikesThe Hill

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