US-Iran 60-Day Deal Reaches Halfway Mark as Ceasefire Collapses into Escalating War

Summary

The 60-day negotiating period between the U.S. and Iran, intended to produce a peace agreement, has reached its halfway mark with escalating conflict rather than diplomatic progress. Despite a memorandum of understanding, the period has seen Iranian attacks on commercial vessels, U.S. strikes on Iranian targets, and the U.S. revoking a temporary waiver for Iran to sell oil.