Iran's Mixed Signals: Peace Plan, Hormuz Passage, and Ongoing Strikes

• US President Donald Trump announced a partial five-day ceasefire to halt bombardment of Iranian energy sites.
• Despite the ceasefire, Israel and Iran continue to engage in strikes and counterstrikes.
• Trump sent a 15-point peace plan to Iran, expressing optimism about ending the nearly month-long conflict.
• Iran partially opened the Strait of Hormuz for "non-hostile" ships, but traffic remains far below pre-war levels.
• The Strait remains closed to vessels owned or associated with the US and Israel, with concerns about "zombie" ships.