The United States and Iran have agreed to meet for peace talks in Qatar, a US official told The Post, as tensions surrounding the Strait of Hormuz and regional stability threatened to escalate.

The agreement to meet follows a period of heightened activity and retaliatory strikes. Iran had engaged in attacks against ships in the Strait of Hormuz and against US allies in the Middle East, actions an official attributed to developments that threatened Iran's control over the critical oil chokepoint. The US responded with strikes on several Iranian targets over the weekend.

One key factor cited as a catalyst for Iran's actions was the US Central Command's collaboration with the International Maritime Organization to escort ships through the Omani side of the strait. This initiative, according to the official, undermined Tehran's perceived control over the vital shipping route, a position further weakened by Oman's statement that it did not support a toll system through the waterway.

Iran also expressed frustration over its inability to secure new buyers for its oil following the recent lifting of US sanctions. Despite reported efforts by Iran's National Iranian Oil Co. to offer discounted oil to refiners across Asia, the success of these deals remains unclear. Concurrently, Tehran has been demanding the release of its frozen assets, to which the US official reiterated that such funds would only be unfrozen as progress is made on the nuclear issue.

Adding to regional complexities, Iran has been excluded from recent Israel-Lebanon peace talks. An agreement in these discussions reportedly calls for the disarmament of Hezbollah in exchange for an Israeli withdrawal from southern Lebanon, a deal that Hezbollah has rejected. The progression of this agreement without Hezbollah's backing remains uncertain.

Despite the recent exchange of hostilities, negotiations under a memorandum of understanding are ongoing, with both nations seeking to establish leverage. Iran has reportedly ordered the Strait of Hormuz closed for 30 days, a waterway through which approximately 20% of the world's oil transports pass. President Trump also reiterated threats of