Iran and the United States have reportedly agreed to halt recent military strikes and resume talks over their dispute in the Strait of Hormuz.
According to Axios, the two sides are expected to meet in Qatar on Tuesday after agreeing to renew negotiations following several days of escalating attacks in the Gulf.
The reported breakthrough follows accusations from both countries that the other had breached an interim agreement reached less than two weeks ago to end their four-month conflict.
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On Sunday, Iran said it had carried out missile and drone strikes against US military sites in Kuwait and Bahrain, warning that any further violations would be met with a “crushing response”.
The US military said it had launched strikes against Iranian targets for a second consecutive day after a commercial tanker was hit in the Strait of Hormuz, describing the action as a response to continued attacks on shipping.
The easing of tensions could offer relief to the shipping industry. Elswhere, croatian shipowner Atlantska Plovidba said one of its vessels, the 57,000 dwt supramax AP Astarea, had left the Strait of Hormuz after being trapped in the region for four months.
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