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

FT reports that mediators believe a 60-day ceasefire extension is close, as Tehran says memorandum of understanding is being finalised

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…