US and Iran blow through deadline to agree to a broad deal to end war
The US and Iran have missed a 60-day deadline to reach a deal regarding Iran's nuclear program, signaling the failure of a ceasefire agreement. Both nations are now engaged in economic attrition, with Iran controlling the Strait of Hormuz and the US reimposing naval blockades.
Why it matters
The breakdown of this agreement increases the risk of renewed military conflict and global energy market instability.
Iranians walk next to an anti-Trump banner in the streets of Tehran.
Listen TEL AVIV – The US and Iran have missed their 60-day deadline to reach a deal to curtail the Iranian nuclear programme under the terms of the ceasefire they agreed to in June, underlining the breakdown of a truce that President Donald Trump promised would end the war.
Trump had announced the so-called memorandum of understanding between the two countries with great fanfare two months ago. But the short-lived agreement failed to reopen the Strait of Hormuz – which Iran effectively blockaded after Israel and the US attacked in late February – or end a conflict that has entered its sixth month.
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