Without a deal between Washington and Tehran, the fallout from Strait of Hormuz closure could deepen global crises.

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…

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

US and Iran are reportedly nearing a deal to reopen the Strait of Hormuz, with senior American officials indicating progress despite President Trump's caution against rushing.…