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Iran and the United States agreed to a temporary ceasefire late Tuesday, 39 days after their conflict began, with Pakistan mediating the deal. A key goal was reopening the strategic Strait of Hormuz, but Iran has kept it closed after Israel, backed by the U.S., continued attacks in Lebanon. Tehran has instead released an alternative shipping route to avoid mines and requires vessels to coordinate with its navy. Iranian officials insist the strait’s reopening depends on U.S. restraint and regional stability.

Disagreement persists over whether Lebanon is covered by the ceasefire. Israel’s airstrikes in Lebanon have killed at least 303 people and injured over 1,165, prompting condemnation from Lebanese and Iranian leaders. Iran’s President Masoud Pezeshkian warned that continued Israeli attacks would render talks meaningless, while Hezbollah retaliated with rocket fire into northern Israel. U.S. and Iranian delegations are set to meet in Islamabad on Saturday to discuss the truce.

Meanwhile, Iran’s Revolutionary Guard imposed a one-dollar-per-barrel toll on oil shipments through Hormuz, payable in cryptocurrency or Chinese yuan, during the ceasefire period. The situation remains tense as both sides prepare for further negotiations.

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