Deadline for Wider US Iran Deal About to Expire Amid Stalemate The 60 day deadline set by the United States and Iran for reaching a wider deal, as outlined in their memorandum of understanding (MOU), is about to expire.
Despite President Trump's repeated assurances that a deal was imminent, negotiations have broken down multiple times, leading to flare ups and escalations in fighting.
Shipping through the Strait of Hormuz has slowed significantly over the weekend, with only five commodity vessels transiting the waterway on Saturday, compared to 31 the prior weekend.