• US Secretary of State Marco Rubio said the US expects a response from Iran to the ceasefire proposal today.
  • The proposal contains 14 points and aims to create a framework for 30-day negotiations to end the war.
  • Discussions include easing US sanctions, the future of the Strait of Hormuz, and Iran’s nuclear program.
  • The Strait of Hormuz is vital for global oil and gas transport; Iran has effectively halted shipping since the war began.