U.S. and Iran End Brief War, Set 60-Day Deadline for Nuclear Deal

Trump and Iran's leader signed a truce on June 18, halting a three-month conflict. The deal reopens the Strait of Hormuz—a critical shipping channel for 20 percent of the world's oil. Both countries now have 60 days to reach a permanent nuclear agreement. Iran must reduce its uranium stockpiles; the U.S. offers $300 billion and lifted sanctions as incentive. Success hinges on whether both sides follow through.