The US and Iran are close to signing a deal involving a 60-day ceasefire extension, during which the Strait of Hormuz would be reopened, Iran would be able

Mediators say proposal would extend the ceasefire, gradually reopen Hormuz and ease pressure on Iranian ports, while delaying detailed nuclear negotiations for a later phase

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 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…

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