United States ends Iran ceasefire as tensions rise, Tomahawk missile sale to Germany proceeds

President Donald Trump announced that the ceasefire between the United States and Iran, concluded last month, is no longer in effect. He said negotiations will continue, but the United States has resumed strikes on Iranian targets after Iranian attacks on commercial tankers in the Hormuz Strait. Iran responded with attacks on U.S. military bases in the Gulf region. At the NATO summit in Ankara, the United States and Germany agreed on the purchase and deployment of Tomahawk cruise missiles on German soil.

Domestic U.S. political developments were also highlighted: Trump refused to sign the affordable‑housing law passed by Congress, and Democratic lawmakers accused his administration of misusing the 250th Independence Day celebrations for personal gain. The same week, senior Republican Senator Lindsey Graham died of a heart attack, an event noted alongside the escalation in U.S.–Iran relations. Market analysts observed limited immediate impact on financial markets despite the renewed hostilities.