US and Iran agree to a preliminary deal reopening the Strait of Hormuz with a 60-day ceasefire, lifting the naval blockade, and ending Iran's crypto toll

The US and Iran are nearing a deal to reopen the Strait of Hormuz under a 60-day ceasefire, with Iran exploring Bitcoin for transit fee payments.

In a social media post, Trump said the strait would be open "toll free" and that the US naval blockade would also end.

The United States and Iran have agreed on a peace framework aimed at ending the conflict, lifting the U.S. blockade of Iran and reopening the Strait of Hormuz, a key global oil…

Deal to be signed in Geneva on Friday as Tehran hardliners brand negotiators traitors