Peace deal hits rough seas as US strikes Iran
WASHINGTON/DUBAI: The U.S. military attacked Iran on Friday in response to an Iranian drone strike on a cargo ship in the Strait of Hormuz, throwing
WASHINGTON/DUBAI: The U.S. military attacked Iran on Friday in response to an Iranian drone strike on a cargo ship in the Strait of Hormuz, throwing the fate of the interim peace deal recently agreed between the two countries into question.U.S. Central Command said aircraft struck missile and drone storage locations and coastal radar sites. Iranian media said a projectile struck an area around a pier in Sirik, a city on the shores of the strategic waterway.Elsewhere there were signs of progress, however, as Israel and Lebanon signed an agreement to end the fighting between Israel and Iran-backed Hezbollah. Both sides framed the deal as an initial step that calls for Hezbollah to disarm and Israel to withdraw troops from Lebanon, but it was not clear how it would be enforced. Hezbollah said it would not cooperate.IRAN WARNS GULF STATESTehran has insisted it would control the Strait of Hormuz and warned Gulf states not to side with Washington after Thursday's attack on a cargo ship traveling near Oman's coast.
U.S. President Donald Trump blamed the attack on Iran and said it violated last week's agreement.Also read | US announces Israel-Lebanon framework agreement after Washington talksIran had expressed anger at what it said was an "interventionist, irresponsible and provocative" statement by the United States and six Gulf states that rejected its assertion that it could charge tolls on vessels transiting the strait."Safe passage through the Strait of Hormuz cannot be guaranteed under ambiguous arrangements, parallel routes or decision-making that does not take Iran's role as a coastal state into account," Iranian Deputy Foreign Minister Kazem Gharibabadi said on X.Bloomberg News said Oman, which lies on the opposite side of the strait from Iran, had told allies ships going through Hormuz
may have to pay. Reuters could not immediately confirm the report.Iranian state TV said three foreign tankers attempting what it called an "unauthorised passage" of the strait were turned back after a warning from the Islamic Revolutionary Guard Corps. It gave no further details.Also read | US-Iran agree to setup direct channel with IRGC to de-escalate conflict, says VP VanceA U.S. official said Washington is looking into the reports.OIL PRICES FALL Oil prices dropped by about 3% on Friday, on course for steep weekly losses despite the conflicting interpretations of last week's interim deal between Iran and the U.S. and renewed questions over the strait, where a fifth of global oil and liquefied natural gas supplies typically passes.Saudi Aramco resumed
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