Relative calm prevails near the Strait of Hormuz as the US awaits Iran's response to peace proposals. Tehran has yet to signal movement on the deal.

Relative calm prevailed around the Strait of Hormuz early on Sunday after days of sporadic flare-ups, as the United States waited for Iran’s response to its latest proposals to end more than two months of fighting and begin peace talks. US Secretary of State Marco Rubio said on Friday that Washington expected a response within hours. But there have been no signs of movement from Tehran ‌on the proposal, which would formally end the war before talks on more contentious issues, including Iran’s...