Iran reviews US deal to halt war amid stalemate

Iran is reportedly studying a proposed agreement with the United States aimed at halting the ongoing war between the two nations, as reported by Iran's Mehr news. The conflict, which began in late February, has led to a stalemate with largely indirect negotiations failing to yield an interim deal, resulting in the Strait of Hormuz being largely closed. This closure has significantly impacted global energy prices, with oil prices falling over 1% on Tuesday. Meanwhile, Israel continues its military operations in southern Lebanon, with a partial ceasefire announced by Lebanon appearing to avert further escalation.