Overview
- Leaders of the United States and Iran signed a digital memorandum earlier this week that aimed to stop fighting on all fronts and reopen the Strait of Hormuz.
- Israeli strikes in southern Lebanon over the past 48 hours killed and wounded dozens and triggered fierce exchanges with Hezbollah that threatened the new truce.
- Citing those attacks and what it called U.S. failure to enforce the deal, Iran’s military announced on Saturday that the Strait of Hormuz would be closed to maritime traffic.
- Tehran also paused the scheduled U.S.–Iran negotiations in Switzerland and mediators from Pakistan and Qatar are working to salvage the process.
- The dispute over reconstruction funding and President Trump’s public statements denying payments have deepened political uncertainty and could prolong the pause in implementation.