The U.S. and Iran's deal to make a deal | About That

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An Iranian flag flutters in the wind as ships remain anchored in the Strait of Hormuz near Larak Island, Iran.https://i.cbc.ca/ais/f7bb3b1e-f95d-490b-bbdb-3193604e89cf,1781566072840/full/max/0/default.jpg?im=Crop%2Crect%3D%280%2C294%2C4531%2C2548%29%3BResize%3D%28620%29" title="An Iranian flag flutters in the wind as ships remain anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran." width="620" />

The United States says it has reached a deal to end the war with Iran and reopen the Strait of Hormuz โ€” but much remains unclear about exactly how it will work.

Andrew Chang breaks down statements from both sides to explain what we know about the terms, and the factors that might prevent it from going ahead smoothly.

Images provided by The Canadian Press, Reuters, Adobe Stock and Getty Images

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