Iran War Strait of Hormuz
Residents swim and play in the waters of the Strait of Hormuz while cargo ships and commercial vessels lie anchored in the distance off Bandar Abbas, Iran, Wednesday, June 10, 2026.
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U.S. President Donald Trump has called off new military strikes on Iran, hours after threatening to escalate the war. Trump said at the Oval Office on Thursday that a deal to end the war is close, without giving details. Trump hours earlier had threatened major strikes on Iran and to seize control of its oil and gas industries as escalating attacks between the countries pushed the Middle East closer to full-scale war. The threats came after the U.S and Iran traded strikes for a second straight day. Trump has claimed multiple times the U.S. and Iran are on the verge of a peace deal without anything coming to fruition.
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