Bloomberg
What’s Next for US-Iran in Hormuz With Expired MOU?
Tuesday, August 18, 2026
President Donald Trump stated he will not attempt to revive an expired memorandum of understanding between the United States and Iran that had provided a 60-day negotiation window for a lasting peace agreement. The agreement's expiration leaves the status of Middle East conflict resolution and control of the Strait of Hormuz unresolved. Bloomberg reported on the situation following the deal's lapse.
