The US and Iran reached a truce agreement, with Iran agreeing to temporarily reopen the Strait of Hormuz. This deal was brokered through diplomatic intervention by Pakistan, with talks scheduled to begin in Islamabad. Iran presented a 10-point plan demanding the full lifting of US sanctions and recognition of its uranium enrichment program.
Hopes for a US-Iran deal are dimming as President Trump issues an ultimatum backed by severe military threats. Iran rejected a US-brokered ceasefire proposal, instead presenting 10 demands including sanctions lifting and regional conflict resolution. Regional tensions are escalating with Israeli strikes and missile interceptions, pushing oil prices higher.