Geopolitics

It wasn't clear whether US or Iran was ready to accept a new halt to the fighting after the preliminary peace deal they signed in mid-June collapsed earlier this month, WSJ reports citing sources

StockNow breaking-news AI analysis

The mid-June U.S.-Iran peace deal has collapsed. Qatar is now proposing a 10-day ceasefire to restore shipping, but the IRGC has yet to respond amid rising domestic hardline sentiment.

News detail

Qatar has floated the idea of a 10-day ceasefire and an end to restrictions on shipping in the strategic waterway, mediators said. "Other proposals for a temporary ceasefire were also presented to Iran in recent days, but Iran's Islamic Revolutionary Guard Corps hasn't responded to them, some of the mediators said."

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