India, Aug. 17 -- US-Israel-Iran War Latest News: The 60-day US-Iran memorandum of understanding (MoU) expires today, August 17, but the deadline is arriving with the agreement already badly weakened. Washington and Tehran have failed to bridge their differences, and neither side appears ready to simply extend the June framework.

Instead, the final hours have been marked by increasingly tough rhetoric, stalled diplomacy and a major dispute over the Strait of Hormuz.

The strategic waterway has become the biggest sticking point between the United States and Iran. Before the war, roughly one-fifth of global oil and liquefied natural gas supplies moved through the strait. Shipping activity has now dropped sharply, with Reuters reporting tha...