Iran mulls temporary halt to Hormuz shipments to avoid escalation: Report

Iran is considering a temporary suspension of its own shipping operations through the Strait of Hormuz to avoid testing the US blockade and to prevent threatening a new round of negotiations scheduled with the US, Bloomberg reported, citing a source familiar with Tehran's deliberations.

The move appears to reflect Iran’s potential desire to avoid an immediate escalation of the current conflict. This comes as reports hint at the possible return of negotiating delegations from both sides to Pakistan this week in an effort to reach a peace agreement.