After keeping the details under wraps for several days, senior U.S. officials on Wednesday briefed journalists on a proposed understanding with Iran,...

The full details of the agreement, hammered out between the two sides over the weekend, are yet to be revealed but the key issue of reopening the Strait of Hormuz may have been…

Though the memorandum of understanding is scheduled to be officially signed on Friday (Jun 19) in Switzerland, the precise terms of the deal are still not known, with both parties…

Memorandum reportedly offers Tehran oil sales, $300 billion fund and sanctions relief