Iran said passage through the Strait of Hormuz will be allowed if vessels coordinate with its armed forces. But it wasn't clear whether Tehran would seek to charge a fee or limit traffic. For now, an uneasy ceasefire is in place,

Iran and the U.S. and Israel said they would suspend strikes but countries in the region continued to report attacks and Israel said it would not stop its assault in Lebanon.

Iran says the U.S. must choose between ceasefire or war via Israel as Tuesday's ceasefire deal excludes Tehran-backed terrorist group Hezbollah.

President Donald Trump pulled back from his threats to destroy Iranian civilization, Tehran celebrated what it framed as a victory and markets soared on news that the Strait of Hormuz could reopen.

The ceasefire, announced Tuesday, halted attacks for two weeks and triggered a relief rally across global markets, with the deal hinging on traffic through the Strait of Hormuz returning to normal.

White House says the Strait of Hormuz must stay open, as the Iran’s Revolutionary Guards say shipping there has stopped. Follow here for the latest.

TEHRAN, Iran (AP) — A ceasefire deal to pause the war in Iran appeared to hang by a thread Wednesday after the Islamic Republic closed the Strait of Hormuz again in response to Israeli attacks in Lebanon. The White House demanded that the channel be reopened and sought to keep peace talks on track.

Stocks roared higher after President Trump announced a two-week ceasefire with Iran. Oil prices fell sharply and gas prices are expected to follow.