US–Iran Tensions: Ceasefire Uncertain, Risk of Wider Conflict Grows

Bangladesh Diary
Publish: May 21, 2026
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Online Desk 


 Tehran has issued a strong warning that any renewed attacks by the United States or Israel could escalate the conflict beyond the Middle East. The Islamic Revolutionary Guard Corps (IRGC) stated that further aggression would not remain limited to the region.

 

US President Donald Trump paused the so-called “Operation Epic Fury,” but six weeks later, negotiations have yet to produce any concrete outcome. Washington has rejected Iran’s latest proposal, describing it as a repetition of earlier demands.

 

Iran’s conditions reportedly include control over the Strait of Hormuz, lifting sanctions, releasing frozen assets, compensation for war damages, and the withdrawal of US forces from the region.

 

Iran had previously warned of strikes on US bases in the Middle East if attacked. Now, for the first time, it has hinted at the possibility of targeting locations beyond the region. Amid rising tensions, Pakistan is continuing mediation efforts. Its interior minister has visited Tehran and held talks with senior Iranian officials.

 

Traffic through the Strait of Hormuz—one of the world’s most critical oil routes—is increasing again. Countries like China, South Korea, and India are resuming or preparing oil shipments via the route. The number of vessels passing through has nearly doubled compared to the previous week.

 

The ongoing tensions are affecting global oil prices, causing daily fluctuations. Most recently, crude oil prices dropped by about 2.75%, settling near $108 per barrel.

 

With upcoming elections, rising energy prices are putting pressure on the Republican Party. Trump has sent mixed signals—at times suggesting military action was close, while also expressing optimism that a resolution could come soon.

The situation remains fragile. While diplomatic efforts continue, escalating threats raise concerns that the conflict could expand if no agreement is reached soon.


News Published By: Bangladesh Diary

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