- The U.S. and Iran agreed on a memorandum to extend their ceasefire for 60 days, pending President Trump’s approval, with talks to include Iran’s enriched uranium stockpile.
- Tensions flared nonetheless: Iran targeted a U.S. base in Kuwait after U.S. strikes, and U.S. forces shot down Iranian drones and hit a control site—highlighting how fragile the truce is.
- The reports eased fears about the Strait of Hormuz and pushed oil prices lower, while the U.S. warned Oman against any toll scheme and Trump made a sharp public warning.
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