Hormuz Quiet, But Iran Still To Answer On U.S. Peace Proposal

The tension in the Strait of Hormuz has temporarily subsided, but Iran has yet to respond to President Trump’s peace proposal. The U.S. is pushing for an end to the conflict ahead of the China summit, deferring issues like the nuclear program and the reopening of the strait. A CIA assessment suggests Iran will not face severe economic pressure from the U.S. naval blockade for approximately four months, raising questions about Trump’s leverage.