US-Iran ceasefire deal broken? Trump says US strikes Iranian missile and drone storage sites in retaliation

“United States aircraft just struck Iranian missile and drone storage locations, and coastal radar sites, for violating the Cease Fire Agreement, AGAIN!” said Trump in his latest post on Truth Social.

Trump’s comment comes after the US Central Command, in a statement, said that the military strikes on multiple targets in Iran were carried out on Saturday, June 27, 2026.

Latest attacks in West Asia

In the official statement, US Central Command said that the latest round of attacks on Saturday against Iran was a response to Iran's attack, last week, on a Panama-flagged tanker that was transiting near the Strait of Hormuz with more than two million barrels of crude oil.

“After yesterday’s U.S. strikes in response to the Iranian attack on M/V Ever Lovely, Iran was given a chance to honour the ceasefire agreement but elected not to when its forces launched a one-way attack drone that hit M/T Kiku this morning at 4:30 am (ET),” said CENTCOM in the statement.

President Trump further went on to threaten Iran by saying that there may come a point amid these attacks that the United States is “no longer able to be reasonable” with the West Asian nation and will be “forced” to let the military complete the task in Iran.

“If that happens, the Islamic Republic of Iran will no longer exist!” said Trump in his post.

In response, a news report from CNN suggests that Iran’s Islamic Revolutionary Guard Corps targeted American military sites in neighbouring countries, including Kuwait and Bahrain, after the US attacks during the weekend.

On the Lebanon front, the report highlights that the Israeli military killed Iran-backed Hezbollah militants despite the ceasefire agreement in the region.

What were the terms of the US-Iran MoU deal?

The United States and Iran, after three rounds of intense negotiations, signed a 14-point memorandum of understanding (MoU) earlier this month, as the countries are now in the pre-determined 60-day period to come up with a final peace agreement.

As per the peace deal MoU, both the US and Iran, along with their allies, were supposed to permanently terminate all military operations on all fronts, including attacks in Lebanon, before the final peace agreement is negotiated.

In the 14-point deal, both sides agreed that the US would remove its naval blockade and all forces from the proximity of Iran within 30 days of the final peace deal. The move also opened up the Strait of Hormuz for the free flow of global oil trade.

While the US lifted sanctions on Iran, the West Asian nation agreed that it would not procure or develop nuclear weapons, which was a major hurdle to the long-awaited peace agreement.

Key focus of global market investors will now remain on any further escalations from either side of the West Asian front, as any potential move can impact the ongoing negotiations and risk the upcoming final peace agreement.

On Monday, June 29, global market investors are expected to exercise caution as they continue to gauge the market sentiment after the recent attacks.