Trump says US-Iran ceasefire ‘still in effect’ after exchange of fire in Strait of Hormuz

US President Trump insists the US-Iran ceasefire remains in effect despite the naval clash in the Strait of Hormuz. Iran claims the US violated the ceasefire first, and Trump warned of intensified strikes if the agreement isn't signed quickly. Both nations are deadlocked over a 14-point memorandum of understanding, with the potential for renewed high-intensity attacks if it fails.