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U.S. and Iran Agree to Pause Hostilities Following Weekend Military Escalation in Strait of Hormuz

CNBC ·
U.S. and Iran Agree to Pause Hostilities Following Weekend Military Escalation in Strait of Hormuz
  • Washington and Tehran reached an agreement to pause military exchanges and resume technical negotiations regarding their existing memorandum of understanding.
  • The temporary de-escalation follows U.S. airstrikes on Iranian missile and drone sites, which were conducted in retaliation for an attack on the Panamanian-flagged oil tanker M/T Kiku.
  • During the weekend clashes, Iran launched attacks against U.S. military targets in Kuwait and Bahrain, prompting the mobilization of regional air defenses.

Quotes

“Technical talks are slated to continue on all areas of the MOU. Both sides will stand down for now and vessels can move freely.”— U.S. official
“United States aircraft just struck Iranian missile and drone storage locations, and coastal radar sites, for violating the Cease Fire Agreement, AGAIN!”— Donald Trump
“confronting hostile missile and drone attacks.”— Kuwait’s army

Sources

U.S. and Iran Agree to Pause Hostilities Following Weekend Military Escalation in Strait… — Heurist Finance