Deadline for wider U.S.-Iran deal about to expire amid stalemate

10m ago Shipping in Strait of Hormuz continues to slow Transit in the Strait of Hormuz slowed this weekend, according to data by tracking firm Kpler reported by Reuters.Only five commodity vessels transited the Strait of Hormuz on Saturday and none on Sunday, according to Kpler, compared to 31 the prior weekend.At least one ship entered using the Iranian route, and a small tanker laden with Iranian fuel oil exited, data showed.Some ships may pass with their transponders off, meaning they may not be detectable, but transits are still a long way from the 130 ships that traversed the strait every day before the war started. 10m ago 60-day memorandum of understanding period expires Monday Monday marks 60 days since the U.S. and Iran signed a Memorandum of Understanding that called for negotiations to reach a wider deal to end the war between the two countries and reopen the Strait of Hormuz (leave those last 3 words)However, that 60-day period expires Monday amid a stalemate between the two countries and a deal seemingly nowhere in sight. Over the past two months, talks between the two sides broke down, despite President Trump repeatedly saying a deal was imminent, leading to multiple ...