According to details reported by Tasnim News Agency and cited by Mehr News, a possible preliminary understanding between Iran and the United States would not restore the Strait of Hormuz to its pre-war status and would leave Iran's authority over the strategic waterway unchanged.

For India and other major energy importers, any agreement leading to normalisation in Hormuz traffic could ease concerns over supply disruptions and crude price volatility. The…

DUBAI, May 27 (Reuters) - Iran's state TV said Tehran had obtained a draft of an initial unofficial framework for a memorandum of understanding with the United States. Under the…