Mediators from the United States and Iran are reportedly holding discussions about the ongoing conflict, as Tehran waits for news about a proposal concerning the Strait of Hormuz.
The talks involve representatives from both sides who are trying to find a way forward amid the tensions that have escalated in recent weeks.
Tehran is particularly interested in the outcome of a proposal that could affect the strategic waterway that the Strait of Hormuz provides, a route that is vital for global oil shipments.
The Strait of Hormuz is one of the world's busiest maritime chokepoints, through which a significant portion of the world's petroleum passes. Any changes to its status could have wide-reaching implications for international trade.
CBS News correspondent Aaron MacLean has more insight into the developments and the potential impact of the proposal.
<small>Source: CBS News — read the original story there.</small>