Trump says ceasefire 'over', re-ups threats after US and Iran trade attacks
On July 8 Trump declared the June 17 US-Iran MoU 'over' after the Hormuz tanker strikes and a fresh wave of US strikes on ~80-90 Iranian sites; both sides accused each other of violating the deal, though the US agreed to keep talking - the latest turn of a ceasefire that has been announced and has collapsed on roughly weekly cycles. Behind the Iran conflict downgrade (near -7 to -8), with the positive skew retained because the talks keep resuming.