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Understanding the Context
The president said the agreement was made on the condition that Iran agree to reopen the critical Strait of Hormuz.
White House says the Strait of Hormuz must stay open, as the Irans Revolutionary Guards say shipping there has stopped.
Failure to reach a deal throws ceasefire into doubt and raises questions about reopening the Strait of Hormuz as global energy supplies continue to be throttled.
Politics at CNN has news, opinion and analysis of American and global politics Find news and video about elections, the White House, the U.N and much more.
Key Insights
US envoy Steve Witkoff and US President Donald Trumps son-in-law Jared Kushner are meeting with both Iranian and Ukrainian officials today in separate meetings in Geneva.
President Donald Trump said the US may blow up and completely obliterate Irans electric plants and oil wells if a deal to end the war is not reached.
President Donald Trump said Friday night the US totally obliterated every military target on Kharg Island, which handles roughly 90% of Irans crude exports.