Iran announced a draft framework with the US to reopen Strait of Hormuz shipping and lift the naval blockade, aiming to restore pre-war commercial activity within a month.

Iran-U.S. proposed framework would unfold in three stages: formally ending the war, resolving the crisis in the Strait of Hormuz and launching a 30-day window for negotiations on…

Iran has agreed in principle to reopen the Strait of Hormuz in exchange for the United States lifting its naval blockade and resolving issues surrounding Tehran’s stockpile of…

The U.S. and Iran are reportedly discussing a phased plan to reopen the Strait of Hormuz after a potential agreement to end hostilities, according to a Nikkei report citing a…