The US and Iran are close to signing a 60-day ceasefire agreement that would reopen the Strait of Hormuz, allow Iran to freely export oil, and begin negotiations on curbing Tehrans nuclear programme, according to an Axios report citing a US official.

A fragile ceasefire has been in place since April 8, punctuated by skirmishes as the U.S. and Iran jockey over the Strait of Hormuz.

The draft calls for reopening the strait, but leaves nuclear concessions for a later stage.

The US and Iran are close to signing a 60-day ceasefire agreement that would reopen the Strait of Hormuz, allow Iran to freely export oil, and begin negotiations on curbing…

During the truce, navigation via the Strait of Hormuz will resume, and Iran will be able to sell its oil freely

May 23 (Reuters) - The U.S. and Iran areclose to signing a dealinvolving a 60-day ceasefire extension, during which the Strait of Hormuz would be reopened,Iranwould be able to…

May 23 (Reuters) - The U.S. and Iran areclose to signing a dealinvolving a 60-day ceasefire extension, during which the Strait of Hormuz would be reopened,Iranwould be able to…

The US-Iran peace plan includes reopening Strait of Hormuz, an end to fighting in Lebanon, allowing Iranian oil sales and curbing Tehran's nuclear programme. | World News

A proposed agreement between Washington and Tehran would extend the current ceasefire by 60 days and reopen the Strait of Hormuz, according to Axios, citing a US official.

The United States and Iran are close to signing a proposed agreement that would extend the current ceasefire for 60 days, reopen the Strait of Hormuz and allow Iran to resume oil…

The proposed US-Iran peace deal seeks to reopen the strategically vital Strait of Hormuz amid lingering disagreements.

The US and Iran are close to signing a 60-day ceasefire extension that would reopen the Strait of Hormuz, allowing Iran to resume oil sales and creating a window for negotiations…

Emerging details of accord suggest several main points of contention yet to be addressed in negotiations between Tehran and Washington

Agreement would begin with 60-day ceasefire, during which Strait of Hormuz would open again

America and Iran are close to a deal to end their war and reopen the Strait of Hormuz. Negotiations are progressing well, with a potential agreement on ending the conflict and…

The United States and Iran are close to a deal to end the ongoing war and reopen the vital Strait of Hormuz. Negotiations are progressing well, with both sides expressing…