US and Iran agree to extend ceasefire and reopen Hormuz
The United States and Iran reached a deal to extend a ceasefire and reopen the Strait of Hormuz. The pact lifts blockades and gives 60 days for a final deal.
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The United States and Iran reached a memorandum of understanding to extend a ceasefire and reopen the Strait of Hormuz. The preliminary deal follows a ceasefire initiated in early April after the conflict pushed global energy markets toward crisis. Reopening the strait could stabilize energy prices and ease a U.S. naval blockade.
