A US-brokered ceasefire with Iran is set to expire on Wednesday, with Iran's nuclear program and the Strait of Hormuz identified as key unresolved issues in talks [Al Jazeera, South China Morning Post, The Japan Times]. Iran reversed its decision to reopen the strait amid a US blockade of its ports, firing on vessels and halting nearly all shipping through the route that carried about a fifth of global oil and LNG pre-war [The Japan Times, Al Jazeera]. Iranian officials voiced cautious assessments of progress, while an external analyst suggested a memorandum of understanding may emerge soon [Al Jazeera, South China Morning Post].