Both sides launched strikes and issued renewed threats over the weekend. It’s not clear yet what Iran’s position is.

Mon June 29, 2026

Here’s the latest

• Exchange of fire: The US and Iran will “stand down for now,” a Trump administration official said after both sides traded fire near the Strait of Hormuz. Technical talks with Iran remain “on track,” said a US official. It’s not clear yet what Iran’s position is on the matter. The recent military action tested an initial agreement that was supposed to halt hostilities during 60 days of negotiations.

• Strait of Hormuz: The official also said vessels can move freely in the strait. But traffic on the waterway remains a fraction of pre-war levels with different authorities vying to organize the transit of vessels, leaving operators with a difficult choice over which path to take.

• In Lebanon: Iran has demanded a full withdrawal of Israeli forces from Lebanon as part of a final deal with the US. Fighting with Hezbollah has continued, days after a new agreement was signed in Washington.