The US and Iran have agreed to a two-week ceasefire, averting immediate conflict. The deal, based on Iran's '10-point plan', includes a key US recognition of Iran's control over the strategic Strait of Hormuz, a vital global oil chokepoint. This development is critical for understanding contemporary West Asia geopolitics and energy security.
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- ›Ceasefire Duration: 14 days (Two weeks)
- ›Key Waterway: Strait of Hormuz
- ›Target this Data: About one-fifth (20%) of global oil shipments pass through the Strait of Hormuz.
- ›Target this Nodal Body: Iran's Supreme National Security Council (which issued the statement on the 10-point plan).
- ›Target this Legal Point: The demand for 'Termination of all UN Security Council resolutions' against Iran.
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