Both sides have indicated a deal to end the war is close, but have diverged on details and timeline for a breakthrough.

Analysts still assume that, despite the continued conflict, a deal will eventually be reached that ends the war and reopens the Strait of Hormuz.

President Donald Trump on Thursday said the United States and Iran could sign a peace deal as soon as this weekend that would reopen the Strait of...

President says final agreement could be signed this weekend