DUBAI: A report from Axios said that US and Iran are close to signing a memorandum of understanding, which particularly calls for the immediate reopening of the Strait of Hormuz without tolls. The MoU also states Iran will receive sanctions relief based on compliance, Axios said, quoting a diplomat from one of the mediating countries and a US official. The MOU would extend the ceasefire for 60 days, including in Lebanon, during which time nuclear negotiations would be held.

Iran has reportedly agreed in principle to a US-backed deal covering the Strait of Hormuz, frozen assets and future nuclear talks, pending final approval.

A tentative US-Iran MoU would reopen the Strait of Hormuz, extend the ceasefire 60 days, and link sanctions relief to nuclear compliance. Here's what it

DUBAI: A report from Axios said that US and Iran are close to signing a memorandum of understanding, which particularly calls for the immediate reopening of the Strait of Hormuz…

The US and Iran have tentatively agreed on a memorandum of understanding that would reopen the Strait of Hormuz and pause fighting for 60 days, but the deal still needs final…

U.S. President Donald Trump said Thursday that the Strait of Hormuz would be reopened as soon as a deal is signed.

The US and Iran are finalizing a draft MOU proposing a 60-day ceasefire, reopening the Strait of Hormuz, and sanctions relief while excluding missile talks.

The US and Iran have agreed on a draft deal called the Islamabad Agreement, extending the ceasefire, reopening the Strait of Hormuz, and unlocking sanctions