Tuesday, September 1, 2026 SourcesAbout🌓
🇺🇸 US ▾
BREAKING
Dominion still has pending lawsuits against election deniers such as Rudy Giuliani and Sidney Powell Russia is 'going backwards' in equipment and deploying post WWII-era tanks, according to Western officials Podcast: One country musician is calling for other artists to oppose assault rifles Bidets save you money and reduce waste — we tested the best options out there 50+ products to make your life easier and our planet cleaner Mother's Day is around the corner. Here are 50+ thoughtful gifts she'll love A head-to-toe guide of how men should dress this spring, and where they should shop 42 of the most useful travel products you can buy on Amazon The 7 best high-yield savings accounts of April 2023 Taxes are due tomorrow. Here's how to file for an extension Dominion still has pending lawsuits against election deniers such as Rudy Giuliani and Sidney Powell Russia is 'going backwards' in equipment and deploying post WWII-era tanks, according to Western officials Podcast: One country musician is calling for other artists to oppose assault rifles Bidets save you money and reduce waste — we tested the best options out there 50+ products to make your life easier and our planet cleaner Mother's Day is around the corner. Here are 50+ thoughtful gifts she'll love A head-to-toe guide of how men should dress this spring, and where they should shop 42 of the most useful travel products you can buy on Amazon The 7 best high-yield savings accounts of April 2023 Taxes are due tomorrow. Here's how to file for an extension
Business

Iran says it’s ready to return to its ceasefire with the US—hours after the two sides exchanged fire again

Fortune ·
Iran says it’s ready to return to its ceasefire with the US—hours after the two sides exchanged fire again

Iran’s president said Tuesday his country is ready to return to the ceasefire deal reached with the United States in June if Washington does the same, in conciliatory remarks following the first exchange of fire between the two countries in a month.

Here’s a look at the latest developments in the Iran war and the wider Middle East.

Full coverage can be found here .

Iran is willing to go back to ceasefire agreement if US does Speaking at the Shanghai Cooperation Organization summit in Kyrgyzstan, Iran’s President Masoud Pezeshkian said that “if the U.S. returns to its commitments in the memorandum of understanding, the Islamic Republic of Iran will immediately reciprocate,” Iranian state media reported.

The June memorandum of understanding called for an immediate ceasefire and started a 60-day period for negotiations aimed at reaching a wider peace deal.

Iran agreed to clear the Strait of Hormuz of mines and allow ships to pass during the period, and the U.S. agreed to end its naval blockade, lift sanctions, issue waivers for Iranian oil exports and begin work on a reconstruction package for Iran, among other things.

The agreement broke down quickly, and while there has been a lull in fighting, the two sides exchanged fire on the weekend .

While Pezeshkian has long favored a negotiated end to the war, Iran’s most powerful force remains the paramilitary Revolutionary Guard, which is pressing for greater concessions from the U.S., including Iranian control over the Strait of Hormuz and financial compensation for the war.

Those conditions would likely be unacceptable to Washington.

Two ships attacked in and around Strait of Hormuz The British military’s United Kingdom Maritime Trade Operations Centre said it received reports of an attack on a ship in the Strait of Hormuz, and a second report of an incident involving a tanker in waters nearby.

In the first incident, the UKMTO said a tanker was hit by three projectiles Monday on its way out of the Persian Gulf through the strait east of Oman.

The monitoring agency said there were no reports of casualties on the boat or any environmental impact from the attack.

In the second incident, the UKMTO said it had received a report “involving a tanker and military forces” on Monday off the coast of Oman, east of the Strait of Hormuz.

Ambrey, a UK-based maritime risk and response company, also said that the vessel had reportedly been stopped and remained adrift.

Read the full article on Fortune ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on fortune.com — the content belongs to Fortune.

This story in other outlets

More from Fortune

See all ›

More in Business

See all ›