The United States and Iran reached an initial agreement Monday that would extend their shaky ceasefire and lead to the reopening of the Strait of Hormuz, but significant challenges remain to ending the war,

The United States and Iran reached an initial agreement early Monday to open the Strait of Hormuz and further extend a shaky ceasefire in the Iran war, potentially allowing desperately needed oil and natural gas to reach the global market.

"The official signing ceremony will be on Friday, 19 June in Switzerland," announced Pakistani Prime Minister Shehbaz Sharif.

Fully reopening the Strait of Hormuz is expected to alleviate some of the pressure on global fuel markets, which have seen major spikes in oil and gas prices due to the closure of

President Donald Trump criticized an Israeli strike on the Lebanese capital Beirut on Sunday, as Iran threatened to walk away from peace talks over the attack. "This morning’s attack on Beirut should not have happened,

The United States and Iran reached an initial agreement early Monday that would extend their shaky ceasefire and lead to the reopening of the Strait of Hormuz.

The Israeli military says it launched strikes on Hezbollah targets in Beirut, potentially complicating efforts to finalize a deal to end the U.S.-Iran war.

The Israeli military said it launched strikes on Beirut on Sunday targeting Hezbollah infrastructure, despite ongoing efforts to negotiate an end to the U.S.-Iran war.