The Strait of Hormuz has exploded again, and the ceasefire agreement is as fragile as paper.

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The US and Iran reignite tensions, highlighting the fragility of the ceasefire agreement
American and Israeli military aircraft attack multiple Iranian ships in the Strait of Hormuz, highlighting the fragility of the US-Iran ceasefire. Trump says there has been progress in negotiations with Tehran on a temporary agreement, but domestic hardline pressure is increasing, fearing too many concessions. In the market, Asian session index futures decline, WTI crude oil rises slightly, and gold fluctuates and pulls back.
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