Iran and U.S. agree to halt attacks and renew talks, Axios reports

ONP Summary

Tensions escalated in and around the Strait of Hormuz after an Iranian strike on a cargo vessel prompted U.S. retaliation, putting a recently announced ceasefire at risk. Both countries have now committed to halting military operations and reconvening diplomatic talks in Doha this week, seeking to resolve differences over the terms of their cease-fire accord and issues regarding frozen Iranian assets.