A fragile ceasefire has been in place since April 8, punctuated by skirmishes as the U.S. and Iran jockey over the Strait of Hormuz.
Geopolitics CNBC May 23, 2026
U.S. and Iran are closing in on a 60-day ceasefire extension with nuclear framework, FT reports
A fragile ceasefire has been in place since April 8, punctuated by skirmishes as the U.S. and Iran jockey over the Strait of Hormuz.
