Days of retaliatory strikes across the Middle East by Iran and the U.S., and both nations’ attempts to assert control over the Strait of Hormuz, threaten to push the region back to all-out war. The U.S. first imposed the blockade in mid-April and then lifted it in mid-June, a day after signing the interim deal that set a 60-day period for negotiations over issues like Iran’s nuclear program. But talks have stalled as fighting has intensified over the strait, through which a fifth of the world’s oil and natural gas trade passes during peacetime.
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