Archive · 18 Jul 2026
Iran Suspends US Ceasefire Agreement
Iran and the United States had an agreement called a Memorandum of Understanding (MoU) to stop fighting and keep shipping safe in a busy area called the Strait of Hormuz.
But now, the US President Donald Trump said the agreement is over, and Iran has stopped following its rules.
Both countries blame each other for not keeping their promises.
This has made the situation more tense, and people are worried about higher oil prices and more fighting in the region.
Iran has suspended all commitments under its MoU with the US after President Trump declared the agreement 'over'.
The MoU was intended to de-escalate tensions, establish a ceasefire, and safeguard commercial shipping through the Strait of Hormuz.
Both countries accuse each other of violating the agreement, with the US targeting Iranian vessels and Iran warning of a 'full-scale offensive'.
Global oil prices surged over 5% following Trump's announcement, with Brent crude rising to $78.09 a barrel and WTI to $74.23.
The escalation has raised concerns about the security of the Strait of Hormuz and the potential for a wider regional conflict.
- Who
- Iran and the United States
- What
- Suspension of ceasefire commitments under the MoU
- When
- July 18, 2026
- Where
- Strait of Hormuz and broader Middle East region
- Why
- Escalation in tensions and accusations of violations by both sides
Iran's Perspective
US Perspective
Violations of the MoU
Iran's Perspective
Iran accuses the US of resuming military operations and failing to uphold key provisions of the MoU.
US Perspective
The US accuses Iran of targeting commercial vessels in the Strait of Hormuz and undermining regional stability.
- Date of Announcement
- July 18, 2026
- US President
- Donald Trump
- Iran's Supreme Leader
- Mojtaba Khamenei
- Brent Crude Price Increase
- 5.3% to $78.09 a barrel
- WTI Price Increase
- 5.4% to $74.23
- Strait of Hormuz
- One of the world’s busiest oil shipping routes
- US Military Strikes
- Seventh consecutive night of strikes on Iranian targets
- Iran's Warning
- Potential 'full-scale offensive' in response
Sources
Iran Suspends Ceasefire MoU Commitments With US After Trump Declares Agreement 'Over'
Iran suspends commitments under ceasefire MoU over 'US violations' as conflict escalates
Iran Suspends US Ceasefire Agreement and Threatens 'Full-Scale Offensive' After Trump Declares Deal Over
Iran tears up US peace deal, launches wider Gulf offensive hitting critical Kuwait water plant: 5 updates
Iran suspends ceasefire commitments under US MoU as Trump declares deal ‘over’
