The Islamabad Memorandum Collapses: Hormuz Becomes a Permanent War Zone

The collapse of the US-Iran Islamabad Memorandum in July 2026 has triggered direct military conflict, permanently closing the Strait of Hormuz and fracturing global energy security. This rupture forces a reconfiguration of Middle East alliances, exposes the fragility of US security guarantees, and accelerates a shift toward unmanaged multipolarity.