The United States and Iran Reach Preliminary Agreement to Extend Ceasefire for 60 Days
According to Bloomberg, the United States and Iran have reached a preliminary agreement to extend the ceasefire for an additional 60 days and restore full navigation through the Strait of Hormuz.
However, a final decision has not yet been made. U.S. President Donald Trump has not approved the deal, reportedly facing pressure from some political allies who insist that Tehran must also abandon further development of its nuclear program.
Read what international media outlets are reporting about Washington and Tehran’s efforts to reduce tensions and potentially resolve the conflict in the latest overview by Izvestia.
And, by the way, exactly one week from now, this issue will be discussed in person with leading experts at the AEI’s major networking evening:
“Boiling Point: How a Blockade of the Strait of Hormuz Could Reshape Global Trade”
Participants will gain expert insights into possible future scenarios, assess risks to global logistics and international trade, and explore the broader consequences that a new escalation in the region could have for global markets.
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