US-Iran War Live Updates: The US, Iran have agreed to end strikes on each other and renew talks in Doha, Qatar. Brent on Monday (June 29) morning was up 1.9% at $73.39 a barrel while the West Texas Intermediate was close to $70 a barrel.
The latest bout of hostilities includes an Iranian projectile hitting a commercial vessel in the Strait of Hormuz, US bombings in Tehran, and further Iranian strikes on American military sites in Kuwait and Bahrain.
In the days after both held talks in Switzerland last week, Tehran has repeatedly emphasised its authority on the Strait of Hormuz.
A US official has now told Axios the critical waterway will remain open for vessels to move freely.
The Tuesday talks will once again focus on honouring the 14-points agreed under the interim peace deal.
Meanwhile, Hezbollah asserted its right to defend homeland and people and said it is monitoring the situation in Lebanon.
Follow for the latest updates on the war in West Asia.
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