Iran will immediately take steps to reopen the Strait of Hormuz once a tentative deal with the U.S. to end the war is signed and will be allowed to sell its oil without restrictions.

Details of a draft memorandum between Washington and Tehran have begun to emerge, with a senior Iranian official telling Reuters that the proposed agreement includes Iran's…

The United States and Iran have reached an agreement to end their war and reopen the Strait of Hormuz, with a formal signing scheduled in Switzerland and oil flows set to resume…

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 memorandum of understanding is scheduled to be officially signed on Friday in Switzerland.