US-Iran Ceasefire Expires Amid Stalled Talks, Raising Strait of Hormuz Concerns

A 60-day ceasefire between the United States and Iran has expired without progress in peace talks, leading to increased tensions and Iran's declaration of a "fully offensive" policy. US President Trump reportedly threatened Oman, which is mediating a deal for the Strait of Hormuz. This diplomatic deadlock is disrupting critical shipping routes, impacting global oil and commodity markets, and raising geopolitical uncertainty.