Deadline for wider U.S.-Iran deal about to expire amid stalemate

Core Impact Points

• The 60-day memorandum of understanding period between the U.S. and Iran expires on Monday, with no concrete plans to end the conflict.
• Shipping through the Strait of Hormuz slowed over the weekend, with no transits tracked through the waterway on Sunday.
• Jared Kushner, President Trump's son-in-law and negotiator on Middle East affairs, met with Hamas leaders in Egypt on Sunday to discuss the latest U.S.-backed peace deal.
• Israeli Prime Minister Benjamin Netanyahu rejected the agreement last week, further complicating the situation.
• The conflict has significant implications for global energy markets and trade routes, underscoring the need for a diplomatic resolution.