A June deal aimed to end the war with Iran and resolve its nuclear program within sixty days. However, by the deadline, both sides were further apart. Talks had focused on reopening the Strait of Hormuz and lifting a U.S. blockade, but no compromise has been reached on the strait, and detailed nuclear discussions haven't begun. The U.S. faces difficult choices: acceding to Iran's demands would grant them control of a vital waterway, admitting defeat, while escalating the war would deplete missile interceptors and harm the global economy. Both nations remain entrenched, awaiting the other to yield. The interim deal collapsed shortly after its signing. The agreement called for a halt to military operations and included a vaguely defined role for Iran in facilitating Strait of Hormuz traffic, which Iran has interpreted as control. This led to Iran firing on vessels, U.S. strikes, and retaliatory Iranian attacks. The U.S. then canceled oil sales waivers and restored a blockade. Fighting eventually subsided, and a related truce in Lebanon has mostly held. Iranian officials claim negotiations ceased in June, though intermediaries relay messages, while President Trump suggests talks continue. Pakistan is still actively working to bring the parties back to the negotiating table. Iran has presented demands including the lifting of the blockade, U.S. troop withdrawal, and reparations, insisting on controlling the strait. The U.S. has rejected these demands, with President Trump believing economic pressure will force Iran's capitulation. The Strait of Hormuz traffic has significantly decreased, and global fuel prices are expected to rise further.