The 60-day deadline for an Iran peace deal is expiring. Here's where things stand

As the deadline for a resolution on the US-Iran nuclear deal has passed without any advancements, both countries remain firmly entrenched in their positions related to the Strait of Hormuz. Following the collapse of the interim agreement, tensions have de-escalated, yet Iran demands the lifting of blockades and reparative actions, whereas the US persists with its economic pressure.