US-Iran memorandum of understanding reportedly covers Strait of Hormuz, sanctions relief and enriched uranium limits.

A tentative US-Iran deal centered on Hormuz transits, if reached, would see Iran maintain control in the short term — and could take root longer term.

The United States and Iran have reportedly reached a tentative agreement on a 60-day memorandum of understanding aimed at extending the current ceasefire and reopening…

The deal is still pending U.S. President Donald Trump's approval, U.S. officials said.