Doubts swirled around the United States (US) and Iran interim deal to end the war in the Middle East as shippers said it could take weeks for confidence to return after any reopening of the Strait of Hormuz, and fundamental questions remained unanswered.
US President Donald Trump said on Monday a preliminary agreement to end the conflict had been signed by the US and Iran, although details have yet to be made public and both countries said a permanent truce was yet to be negotiated.
The interim agreement would extend a tenuous ceasefire announced in April by another 60 days and reopen the Strait of Hormuz, which Iran has effectively blocked since the US and Israel attacked Iran in February.
Negotiators would address difficult issues like the future of Iran’s nuclear programme during the next phase of talks to be held during the 60-day window.
–Reuters–
