A U.S. official said Washington and Tehran agreed to halt recent strikes, continue technical talks under their interim memorandum of understanding, and aim to restart negotiations at a June 30 meeting in Doha, Qatar. The official said both sides would stand down for now and that commercial vessels would continue to move through the Strait of Hormuz while discussions proceed.
The interim memorandum, announced earlier this month with Qatari mediation, addresses a cessation of military operations and freedom of navigation in the strait. UN reporting on remarks by the head of the International Atomic Energy Agency said it set a negotiation window of up to 60 days on issues including uranium enrichment, sanctions relief and shipping access.
The latest arrangement followed several days of exchanges linked to security incidents involving commercial shipping in or near Hormuz and subsequent U.S. and Iranian military action. The U.S. Treasury on June 22 issued General License X, valid through Aug. 21, temporarily authorizing certain transactions related to Iranian-origin crude oil, petrochemical products and petroleum products.
Maritime advisories and international agency statements have indicated that shipping through Hormuz has resumed under security procedures and route management measures.