The U.S. and Iran agreed Sunday to pause hostilities and allow commercial vessels to transit the Strait of Hormuz freely, following a weekend of military exchanges that threatened to derail negotiations aimed at ending their conflict.
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“Technical talks are slated to continue on all areas of the MOU,” a U.S. official told CNBC on Sunday. “Both sides will stand down for now and vessels can move freely.”
The understanding follows renewed fighting over the weekend, after the United States struck Iranian military targets in response to Tehran’s latest attacks on shipping in the strategically important waterway.
Iran’s attacks prompted U.S. President Donald Trump on Sunday to again threaten Iran with annihilation.
“United States aircraft just struck Iranian missile and drone storage locations, and coastal radar sites, for violating the Cease Fire Agreement, AGAIN!,” Trump wrote on Truth Social.
“There may come a point when we are no longer able to be reasonable, and will be forced to militarily complete the job that we very successfully started. If that happens, the Islamic Republic of Iran will no longer exist!” he added.
The U.S. military attacked a number of Iranian targets after a commercial tanker in the Strait of Hormuz was reported to have been struck by a projectile on Saturday. Iran’s neighbors, Kuwait and Bahrain, also reported incoming missiles and drones overnight.
U.S. Central Command said early Sunday that fighter jets struck 10 Iranian military targets in and near the Strait of Hormuz in retaliation for a drone strike on the Panamanian-flagged tanker, the M/T Kiku. The vessel was transiting the strait with more than two million barrels of crude oil, CentCom said late Saturday.
Source:
- U.S., Iran pause hostilities as Hormuz shipping resumes after weekend clashes, June 28, 2026: https://www.cnbc.com/2026/06/28/trump-threatens-iran-with-annihilation-kuwait-bahrain-report-attacks.html
