By Elwely Elwelly and Jana ChoukeirMay 27 (Reuters) - Tehran would restore shipping through the Strait of Hormuz to pre-war levels within a month in a framework deal with the U.S. to also include withdrawing U.S. forces from Iran's vicinity, Iranian state television reported on Wednesday.The report said the U.S. would end a naval blockade of Iranian shipping, citing a memorandum of understanding being negotiated between the two sides to end the war which has choked global energy supplies through the strategic waterway.

The administration of US President Donald Trump took it for granted on Sunday that within the coming days it will be able to announce an agreement with Iran to reopen the Strait…

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…

The U.S. and Iran are negotiating a framework that would reopen the Strait of Hormuz 30 days after a deal to end hostilities is signed, a Middle...

Oil drops as US-Iran draft deal signals possible reopening of Strait of Hormuz