Chief Iranian negotiator says key waterway will ‘not return to prewar conditions’ after 60-day window; both sides sign memorandum of understanding extending truce

The agreement will extend ceasefire by 60 days, reopen the Strait of Hormuz and begin nuclear negotiations

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

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

Tehran has shown cautious optimism toward the US-Iran deal ending their 107-day war, while Iranian hardliners strongly oppose reopening the Strait of Hormuz under the agreement.

The US president says the Strait of Hormuz will reopen after signing of deal with Iran on Friday, but analysts warn hundreds of ships remain backed up, energy flows may take weeks…

"Early indications suggest this may depend on Iran clearing naval mines over an initial 30-day period."

According to the publication, following this 60-day period, Iran intends to offer services in the areas of security, navigation, environment, and insurance

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

Even if the strait fully opens then, it will likely take months for the global energy crisis sparked by its closure to ease.

“Ships of the World, start your engines,” Trump said on social media

There are many unresolved issues to be worked through over the next two months after a deal to end the conflict was signed electronically on Sunday.

According to the vice president, the US expects that passage through the waterway will remain free after the final version of the agreement is concluded

The Strait of Hormuz will stay toll-free for 60 days, US officials say

The US and Iran have signed a memorandum of understanding to end the war and reopen the Strait of Hormuz. Follow live.

Both sides confirm signing a memorandum of understanding that extends their ceasefire by 60 days.

Iran and the US agreed to cease hostilities and lift maritime blockades. Strait of Hormuz traffic returns to normal by July 31 at 54.5% YES.

Chief Iranian negotiator says key waterway will ‘not return to prewar conditions’ after 60-day window; both sides sign memorandum of understanding extending truce

Iran offers free passage through the Strait of Hormuz for 60 days. Normal traffic by June 15 at 0.2% YES.

Tehran says fees to cover cost of managing waterway will come into effect at end of 60-day negotiation period

Iran says it has suspended Strait of Hormuz transit charges for commercial vessels for 60 days.