Iran Strikes Again, Bilateral Agreement on the Brink of Collapse
Following two consecutive nights of military clashes in the Strait of Hormuz, Iran's financial markets have plunged, while the Islamic Revolutionary Guard Corps (IRGC) has vowed to continue attacks if the memorandum of understanding (MoU) with the United States is violated. The IRGC launched ballistic missiles at U.S. bases in Kuwait and Bahrain, escalating tensions further. Meanwhile, a U.S.-brokered framework agreement allowing Israeli forces in Lebanon has drawn sharp criticism from Hezbollah, threatening the stability of the bilateral MoU.
