What’s next in the Strait of Hormuz crisis?

AI Summary

Iran announced Saturday that it had shut down the Strait of Hormuz following Israeli military operations in Lebanon, contradicting an agreement signed days earlier between Washington and Tehran that explicitly protected shipping passage through the strategic waterway. The closure raised concerns about the viability of the interim accord, which envisioned a 60-day window for negotiating a permanent settlement, with Iran signaling that resuming talks planned for Switzerland would depend on the cessation of hostilities in Lebanon. The Trump administration disputed Iran's account of the closure and threatened to impose toll fees on shipping through the channel if a lasting agreement is not finalized within the stipulated timeframe.