Current situation of US-Iran negotiations 1. The US has frozen Iran's assets 2. This round of US-Iran negotiations has broken down 3. A US destroyer turned back from the Strait of Hormuz after warnings from Iran The US-Iran ceasefire has lasted for 2 weeks, with one week already passed. The upcoming week is critical—if negotiations fail, conflict may resume, and the financial sector could continue to decline. Hopefully, they can reach an agreement, bring peace to the Middle East, and allow US stocks and the crypto market to recover and rebound a bit.