Although both sides have repeatedly pledged to avoid escalating tensions, the exchange of fire demonstrates the deep mistrust that still exists between Washington and Tehran.

One of the most concerned issues now is the future of the Strait of Hormuz. For months, shipping through the strategic waterway has remained severely restricted due to the conflict, disrupting global energy supply chains. The failure of the US and Iran to reach an agreement on fully reopening the strait has kept oil prices elevated for a prolonged period.

In an interview with NBC News on Sunday, US President Donald Trump said Iran’s leadership would reach an agreement with the United States to end the conflict, which has now entered its fourth month.

While the US demands that Iran halt military activities against freedom of navigation in the region, Iran continues to view military pressure as a tool to force Washington to make concessions in negotiations.