US-Iran Ceasefire Collapses as Hormuz Crisis Escalates, Kuwait Intercepts Missiles and Oil Prices Surge By: Javid Amin | 01 June 2026 US-Iran Ceasefire on the Brink as New Strikes Trigger Regional Alarm A fragile ceasefire between the United States and Iran appears to be unraveling after fresh military exchanges around the Strait of Hormuz, one of the world’s most critical energy corridors. American fighter aircraft struck Iranian radar installations and drone command facilities over the weekend, while Tehran responded with retaliatory actions and hardened rhetoric against Washington. Kuwait, caught in…
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- US-Iran Ceasefire Crumbles as Hormuz Crisis Deepens: Kuwait Intercepts Missiles Oil Markets Brace for Shock