Tensions between the U.S. and Iran are significantly escalating after another exchange of strikes on Saturday. President Trump has threatened to resume fighting and "complete the job," jeopardizing the fragile ceasefire. Renewed hostilities appear linked to differing interpretations of a recently signed memorandum of understanding (MOU) regarding the Strait of Hormuz. The MOU stipulated Iran's commitment to safe passage and the U.S. lifting its blockade on Iranian ports. During negotiations, the U.S. and Iran agreed to establish a military hotline, which was not yet operational as of Saturday. Iran began demanding passage coordination for ships, leading to escalating actions. On Saturday, U.S. forces struck Iranian targets in retaliation for an earlier attack on a commercial tanker. This followed a previous wave of U.S. strikes within 24 hours. Iran responded with drone and missile attacks on U.S. bases in Kuwait and Bahrain. The IRGC threatened further forceful attacks on ships in the Strait of Hormuz, potentially halting peace talks. A Panama-flagged tanker was attacked by an Iranian drone earlier Saturday, several hours after U.S. strikes. U.S. aircraft targeted Iranian military infrastructure, including surveillance systems and drone storage. Trump confirmed the strikes and issued a stark warning about Iran's potential non-existence if further action is required.