A potential 60-day ceasefire extension between the US and Iran is nearing, aiming to reopen the Strait of Hormuz and allow Iranian oil exports. This deal, brokered by Pakistan, includes lifting US port blockades and sanctions waivers, contingent on Iran negotiating its nuclear program and ending the Israel-Hezbollah conflict. Global oil markets are closely monitoring developments.
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From Hormuz to nuclear talks – what to expect in the 60-day US-Iran ceasefire proposal
