Gulf and EU leaders believe that at least six-months is needed for a US-Iran deal: Report

Gulf and European leaders believe a US-Iran agreement could take up to six months, and are urging both sides to extend the current ceasefire to cover that period, Bloomberg reported from speaking to unnamed officials familiar with the discussions. They are also pushing for the immediate reopening of the Strait of Hormuz to restore energy flows, warning privately that disruption could trigger a global food crisis if it continues into next month.