DUBAI, United Arab Emirates (AP) — 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, but challenges immediately loomed, including Israel insisting it would hold onto land seized in Lebanon as it battles Hezbollah.
Details of the deal, which would potentially allow desperately needed oil and natural gas to reach the global market through the critical waterway, were not immediately released. Iran signaled implementation would not start until the signing, which key mediator Pakistan said would take place Friday in Switzerland.
