140 US Strikes in One Night. Six Iranian Missile Attacks. One Burning Ship. Zero Ceasefire

One night. One hundred and forty American strikes. Six Iranian missile attacks across the Gulf. One burning ship with a missing crew member. And zero ceasefire left standing. On Saturday night Iran fired on a Cyprus flagged container ship traveling the US designated safe route through the Strait of Hormuz, setting it ablaze and forcing the entire crew to abandon ship. America responded before sunrise with 140 strikes hitting Bandar Abbas, Qeshm Island, Sirik, and Bushehr province. Over just three days this week US Central Command has now struck more than 300 Iranian military targets in total. Iran fired back at six countries in a single night. Missile sirens activated in Bahrain where the US Navy's 5th Fleet is based. Qatar intercepted incoming Iranian projectiles. Kuwait confirmed drone strikes on three northern border posts. And Oman, the country that had hosted Iran's foreign minister for peace talks just hours earlier, woke up to Iranian drones hitting its own territory before the weekend was over. At the center of this collapse is one disputed clause inside the ceasefire memorandum both sides signed last month. Iran says it gives Tehran authority over all maritime traffic through the strait. America says the strait belongs to international law and nobody owns it. That single disagreement has now shattered months of diplomacy and produced the most dangerous 48 hours of this entire war. Iran's new supreme leader has publicly vowed vengeance. The chief negotiator has declared the era of deals is over. And one fifth of the world's daily oil supply is sitting behind a waterway that Iran says is closed and America says is open. Watch this video to understand exactly what happened, why it happened, and what the next 72 hours could mean for the Persian Gulf and the global economy.