The memorandum of understanding, which was dictated to reporters by senior US officials, also says Iran and Oman will “define the future administration and maritime services in the Strait of Hormuz”.

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

"The Deal with the Islamic Republic of Iran is now complete," President Donald Trump said in a social media post. "Congratulations to all!"President Donald Trump and Iranian…

US President Donald Trump says oil tankers would be able to navigate the Strait of Hormuz toll-free, but many details of the deal with Iran are yet to be ironed out.

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 Deal with the Islamic Republic of Iran is now complete,' says US President Donald Trump

As details emerge, our experts are sharing their insights on what we know—and still don’t know—about the deal, what it all means, and what to expect next.

A draft memorandum of understanding between the United States and Iran includes provisions for an immediate end to military operations across multiple fronts, the lifting of…

Washington continues to talk up the possibility of a deal with Iran being signed imminently

Tehran says broader negotiations will continue during a 60-day ceasefire period

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

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 reached a 14-point MOU to lift oil sanctions waivers, reopen the Strait of Hormuz, and potentially unfreeze $24-25 billion in assets.

The US-Iran memorandum of understanding includes a 60-day ceasefire and Strait of Hormuz reopening, easing geopolitical risk across equities and crypto

US officials say the pact will sharply increase Strait of Hormuz traffic and keep it toll-free for 60 days, with no sanctions relief or unfrozen assets for Iran until Tehran meets…

US officials said Monday that ships will move toll-free through the Strait of Hormuz under an Iran peace deal signed by President Donald Trump, and insisted that Tehran would have…

The US confirmed discussions on a $300B reconstruction fund for Iran tied to sanctions relief and reopening the Strait of Hormuz. Here's what it means for

The US-Iran memorandum of understanding includes a $300 billion reconstruction fund, sanctions relief on oil exports, and access to frozen assets.

Saudi-owned Al Arabiya News claims the US-Iran peace deal would reopen the Strait of Hormuz within 30 days and include a $300B plan to boost Iran’s economy. | World News

US may pull forces out of areas near Iran as part of a final peace deal and commits to supporting a $300bn reconstruction fund, Bloomberg says

Iran is set to receive sanctions relief for the sale of its oil and related petroleum products as part of a memorandum of understanding with the US that could also unlock $300bn…