US Arms Stockpiles Hit by Iran WarUNITED NATIONS, Aug 7 2026 (IPS) - The highly- unpredictable five-month-old US-Iran war has been plagued by on-again, off-again peace agreements — with such monotonous regularity– the conflict seems never ending. “Gulf allies are also worried that dwindling US air defense stockpiles could leave them more vulnerable if President Donald Trump escalates the ongoing conflict. Ongoing threats by President Trump to bomb Iran into the Stone Age and annihilate Iranian civilization constitute an open threat to commit war crimes, he said. The only people who are ‘winning’ this senseless war are weapons manufacturers, oil companies and supporters of theocracy and authoritarianism in both Iran and the United States, declared Adams. • June 15, 2026: President Trump and Iranian officials announced that a framework for an interim peace deal and memorandum of understanding (MOU) had been reached to end hostilities and reopen the Strait of Hormuz.