US officials say banking, transportation and insurance services to facilitate the sales will also resume; Switzerland to hold signing of peace accord in mountainside resort of Burgenstock.

ISLAMABAD: The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, offering relief to the global economy more than three months since…

Details of the deal were not immediately available. Key mediator Pakistan said the signing will be Friday in Switzerland.

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…

The US and Iran have agreed on an interim deal to end the war, removing a major overhang for markets and sending oil prices lower