Stand-Down for Now: US-Iran Talks Remain On Track Amid Hormuz Tensions

TL;DR Summary
After weekend exchanges, a US official said the US and Iran will stand down for now and that technical talks are on track under a 60-day framework to finalize terms for reopening the Strait of Hormuz; ships can move, but routing remains unclear and traffic is far below pre-war levels, while regional flare-ups and Israeli-Lebanese tensions add pressure as oil prices rise.
- Live updates: US and Iran will ‘stand down for now’ and talks ‘on track,’ US officials say CNN
- Iran war live: Tehran insists on control of Hormuz amid reports of US talks Al Jazeera
- US says it has agreed to 'stand down' after exchange of strikes with Iran BBC
- U.S. and Iran agree to halt strikes and meet this week, U.S. official says Axios
- Oil Jumps After Crude Tanker Hit in Latest Middle East Flare-Up Bloomberg.com
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