Iran war live updates: New deadline looms as Trump warns strikes may resume
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A day-old cease-fire between the US and Iran is being tested by uncertainty over the status of the Strait of Hormuz and disagreement over whether the truce applies to Lebanon. The US and Iran have reason to hope the cease-fire holds, as a resumption of hostilities could be politically unpalatable and Iran's economy is already struggling.
A cease-fire between the US and Iran is being tested. The status of the Strait of Hormuz is unclear, with Iran saying it's closed and the US demanding it be reopened. Iran accused the US of not upholding its end of the deal due to continued Israeli attacks on Lebanon. The US and Iran have reason to hope the cease-fire holds, as a resumption of hostilities could be politically unpalatable. Vice President JD Vance plans to travel to Pakistan for peace talks. The cease-fire has had a positive effect on oil and financial markets.
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