Hegseth says "the ceasefire is not over" after U.S., Iran exchange fire in Strait of Hormuz

Following a naval exchange between the U.S. and Iran in the Strait of Hormuz, the U.S. clarified that the ceasefire is not over. Iran warned that U.S. forces will be attacked if they enter the strait, while Trump stated that Iran's latest peace proposal likely wouldn't be acceptable due to a lack of sufficient price paid. Negotiations between the two countries are ongoing, but the situation remains unstable.