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Business

Iran Says Hormuz Will Stay Shut Until U.S. Lifts Sanctions And Blockade—As Deadline Passes For Peace Deal

Forbes · August 18, 2026 at 8:00 AM

Iran Says Hormuz Will Stay Shut Until U.S. Lifts Sanctions And Blockade—As Deadline Passes For Peace Deal

The 60-day deadline for the U.S. and Iran to end the war, as per a Memorandum of Understanding signed by Trump in June, expired on Monday.

Read the full article on Forbes ›

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