Iran said passage through the Strait of Hormuz will be allowed if vessels coordinate with its armed forces. But it wasn't clear whether Tehran would seek to charge a fee or limit traffic. For now, an uneasy ceasefire is in place,

Iran says Israel is violating the ceasefire deal President Trump announced, and Tehran appears to still have control over shipping in the Strait of Hormuz.

Israeli strikes have hit central Beirut without warning, causing panic after the announcement of the ceasefire in he U.S.-Israeli war with Iran.

President Trump announced a two-week ceasefire with Iran contingent on the reopening of the Strait of Hormuz. See what’s next in peace talks.

The fragile ceasefire agreement is likely to face significant challenges, analysts told CNBC, citing a significant trust deficit on both sides.

Iran blockaded the strait in response to U.S. and Israeli attacks that started on February 28, all but closing the waterway through which 20% of global oil and liquefied natural gas cargoes transit, sending energy prices soaring and rattling economies and markets.

Gen. Jack Keane says he is skeptical about the Iran ceasefire, warning Tehran has a track record of using negotiations to buy time and delay deals.