Oil Deal Extends 60-Day Ceasefire

A 60-day ceasefire extension reopens the Strait of Hormuz A 60-day ceasefire extension has been signed by both parties, reopening the Strait of Hormuz. The original reason for the conflict, the nuclear weapons issue, remains open for negotiation. Both sides

A 60-day ceasefire extension reopens the Strait of Hormuz

A 60-day ceasefire extension has been signed by both parties, reopening the Strait of Hormuz.

The original reason for the conflict, the nuclear weapons issue, remains open for negotiation.

Both sides are using this extension to allow oil to flow through Hormuz, with neither side claiming victory.

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