American and Iranian negotiators have reached a draft agreement that could reopen the Strait of Hormuz and end three months of devastating conflict but the deal still awaits approval from both President Donald Trump and Iran’s supreme leadership. The tentative memorandum of understanding proposes a 60-day ceasefire extension, during which the critical waterway would be gradually reopened and formal nuclear talks would begin. As of May 29, 2026, the world watches closely. Background: How the Strait of Hormuz Crisis Began The Strait of Hormuz is one of the most strategically…
Read MoreUS-Iran Peace Deal on the Brink: Strait of Hormuz Future Hangs in Balance
