US President Donald Trump has demanded Iran’s surrender following the expiration of the memorandum of understanding (MoU) that temporarily halted hostilities between the two nations. This escalation marks a potential turning point in the conflict that began with US and Israeli strikes on Iran in February 2026. Prediction markets indicate that the likelihood of the US ending its blockade of Iran by August 31 has dropped to 14.5%, down from 34% a week ago. This situation points to reduced chances of a peaceful resolution and a potential return to large-scale hostilities.
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