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U.S., Iran reach deal to extend ceasefire, open strait

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U.S., Iran reach deal to extend ceasefire, open strait

The U.S. and Iran agreed to a framework extending their ceasefire for 60 days, with a formal signing ceremony expected Friday and nuclear talks to follow. Why it matters: The agreement could reopen the Strait of Hormuz, ease pressure on global energy markets, and create a window for negotiations over Iran's nuclear program. The memorandum of understanding would mark the war's biggest diplomatic breakthrough and buy time to address unresolved questions about Iran's nuclear program. Driving the ne

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Axios
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