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Iran Suspends Nuclear Deal and Vows 'Unforgettable Lessons' as US-Iran War Escalates
The Hindu·Sunday, 19 July 2026
Iran has suspended its commitments to an interim deal with the US, with Deputy Foreign Minister Kazem Gharibabadi saying the US violated the agreement first. Iran's Supreme Leader declared the US President's actions 'worthless and invalid.' The two sides have been exchanging strikes, with two US troops killed in Jordan and the US launching retaliatory strikes.
Why It Matters
A full-blown US-Iran conflict could spike global oil prices overnight, hitting India hard since it imports a large share of its oil from the Gulf region.
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