World
Iran–US Ceasefire Fails; Strait of Hormuz Remains Closed
The ceasefire between the United States and Iran is now deemed a failure, according to international correspondent Annett Meiritz in the Morning Briefing of the daily Handelsblatt on July 25, 2026. The Strait of Hormuz remains closed as of that date. Houthi rebels threaten to block Saudi Arabia's alternative shipping route via the Red Sea. A new series of punitive US tariffs against the European Union came into effect on July 24. Simultaneously, Germany is undergoing a ministerial reshuffle described as seismic.
