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Iran-U.S. Deal Reopens Strait of Hormuz
Description
The U.S. and Iran have struck a shaky interim deal to reopen the Strait of Hormuz and restart nuclear talks, offering Iran a lifeline to resume oil sales and stabilize its economy after a brutal three-month conflict that rattled global markets. With a 60-day negotiation window, the U.S. hopes to secure a better nuclear agreement than the failed 2015 deal—potentially including uranium dilution and full sanctions relief, though Iran’s missile program remains off-limits. While the deal may ease inflation by restoring oil flows, the U.S. won’t fund a proposed $300 billion reconstruction fund, and Iran’s regional influence still hangs in the balance.
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