Here’s what’s happening in geopolitics today. From the Strait of Hormuz to the skies over Ukraine, today’s headlines are dominated by rising tensions, with the US and Iran trading strikes after attacks on commercial tankers threaten to derail a fragile ceasefire.
Meanwhile, NATO’s summit takes centre stage as Trump clashes with allies over defence spending and Greenland, while Sri Lanka grapples with a deadly prison riot and Iran’s funeral processions continue across the region.
And in today’s deep dive, we examine whether the US–Iran ceasefire is already unraveling after Tehran’s strikes on oil tankers and Washington’s response with more than 80 airstrikes on Iranian targets. So is the ceasefire over?
The United States and Iran exchanged fresh military strikes after three commercial tankers were hit in the Strait of Hormuz, further undermining a fragile ceasefire reached just weeks earlier. U.S. forces launched airstrikes targeting Iranian military infrastructure, including air defence systems and anti-ship missile sites, while Iran responded with missile attacks against U.S. military facilities in Bahrain and Kuwait.
Donald Trump threatened to cut trade with Spain at the NATO summit, accusing Madrid of failing to meet alliance defence spending commitments and providing insufficient support for recent US military operations. Trump also renewed his call for the United States to take control of Greenland, arguing the Arctic territory is strategically vital for American national security, despite repeated rejections from both Denmark and Greenland. The remarks overshadowed parts of the summit, highlighting ongoing divisions within the alliance even as NATO leaders sought to present a united front on defence and security.
At least 26 people, including seven prison guards, were killed and more than 100 others injured after a two-day riot at the overcrowded Negombo Prison in western Sri Lanka. The violence reportedly began following clashes between rival inmate groups linked to drug trafficking and escalated into attacks on prison staff, prompting security forces to intervene and restore order. Authorities have launched an investigation into the incident, which has renewed scrutiny of severe overcrowding and security challenges across Sri Lanka's prison system.
Thousands of mourners gathered in the Iraqi holy city of Najaf as the funeral procession for Iran's late Supreme Leader Ayatollah Ali Khamenei crossed into Iraq after ceremonies in Iran. The procession was attended by senior Iranian and Iraqi officials and is scheduled to continue through the Shi'ite holy city of Karbala before Khamenei's coffin is returned to Iran for burial. The cross-border ceremonies underscore the religious and political significance of Khamenei's legacy among many Shi'ite communities, while taking place amid heightened tensions between Iran, the United States and Israel.
Russia is deploying advanced electronic warfare systems in an effort to jam SpaceX's Starlink satellite network, which has become a critical component of Ukraine's long-range drone operations. Ukrainian commanders say the jamming systems are designed to disrupt drone communications, while Russia has also expanded camouflage and logistics measures to reduce the effectiveness of Ukrainian strikes on supply lines and military infrastructure. The developments reflect the increasingly technological nature of the war, as both sides continue to adapt their tactics in a battle for control of the electromagnetic spectrum and unmanned systems.
The big question on everyone's mind – is the June framework effectively collapsing? The Islamabad Memorandum, signed electronically on 17 June by Donald Trump at Versailles (masterstroke by Macron) and Masoud Pezeshkian in Tehran, set a 60-day window to negotiate the harder questions around the Strait of Hormuz, sanctions and Iran's nuclear file. That window is now overtaken by direct fighting.
Three vessels transiting Hormuz were struck on 7 July, which CENTCOM identified as the Al Rekayyat, the Wedyan and the Cyprus Prosperity, and attributed to "unwarranted aggression by Iranian forces." Iran has neither confirmed nor denied the attacks. Washington then revoked the oil waiver, with sanctions set to snap back on 17 July, and launched what CENTCOM says were strikes on more than 80 targets, including air defences, coastal radar and anti-ship missiles, plus over 60 IRGC small boats. Explosions were reported in Sirik, Bandar Abbas, Qeshm and Kharg. Iranian state media claim most sites hit were civilian.
Trump had already called the deal "over" whilst also calling the Iranians “scum” and dealing with Tehran a waste of time. Iran's military promised a "crushing response," while Deputy Foreign Minister Kazem Gharibabadi framed the US moves as breaches of Articles 1, 2 and 10. Both the U.S. and Iran stated they hit around 80 targets respectively. According to U.S. Central Command (CENTCOM), the strikes are intended to impose "heavy costs" on Iran following what Washington described as an "unwarranted" attack on civilian shipping and a clear violation of the ceasefire agreement. Strikes primarily focussed on previously hit communications, military and shipping infrastructure near the coast. While air raid sirens went off in Bahrain and Kuwait.
At the moment, I would say we’re still in this no-mans land of negotiation – where anything is really possible. We may be stuck in this loop of tit-for-tat for a while as Trump wants out for the midterms but Iran wants guarantees – all the while Israel doesn’t want either to happen. Again, this was easy to predict given the copies of the MOU that both parties were handed were worded completely differently. Is this a lack of professionalism from both parties, did either side just want time to rearm, genuine mistake? It’s hard to tell.
TODAY IN HISTORY (July 8, 1994): Kim Il-Sung
Kim Il-Sung, the communist leader of North Korea (1948–94) whose invasion of South Korea in 1950 launched the Korean War, died on this day in 1994 in P’yŏngyang and was succeeded by his son Kim Jong Il.

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